Create Validator

Prerequisites

• You have completed how to run a full BitSong node, which outlines how to install, connect, and configure a node.

• You are familiar with bitsongd.

• you have read through the validator FAQ

Create a new validator

To create the validator and initialize it with a self-delegation, run the following command. key-name is the name of the private key that is used to sign transactions.

bitsongd tx staking create-validator \
    --amount=5000000ubtsg \
    --pubkey=$(bitsongd tendermint show-validator) \
    --moniker="<your-moniker>" \
    --chain-id=<chain_id> \
    --from=<key-name> \
    --commission-rate="0.10" \
    --commission-max-rate="0.20" \
    --commission-max-change-rate="0.01" \
    --min-self-delegation="1"

When you specify commission parameters, the commission-max-change-rate is measured as a percentage-point change of the commission-rate. For example, a change from 1% to 2% is a 100% rate increase, but the commission-max-change-rate is measured as 1%.

Confirm your validator is active

If running the following command returns something, the validator is active.

bitsongd query tendermint-validator-set | grep "$(bitsongd tendermint show-validator)"

You are looking for the bech32 encoded address in the ~/.bitsongd/config/priv_validator.json file.

Note:

Only the top 64 validators in voting power are included in the active validator set.