Creating a Validator

A validator can be created using Harmony CLI (hmy) as follows: Please note that the below examples include addresses and BLS public keys that you need to swap out for your own.

./hmy --node="https://api.s0.p.hmny.io" staking create-validator --validator-addr one1pdv9lrdwl0rg5vglh4xtyrv3wjk3wsqket7zxy --name John --identity john --website john@harmony.one --security-contact Alex --details "John the validator" --rate 0.1 --max-rate 0.9 --max-change-rate 0.05 --min-self-delegation 2 --max-total-delegation 30 --bls-pubkeys 0xb9486167ab9087ab818dc4ce026edb5bf216863364c32e42df2af03c5ced1ad181e7d12f0e6dd5307a73b62247608611 --amount 3 --chain-id testnet --passphrase yourwalletpass

Upon pressing enter it will prompt you to enter your bls password also. If everything goes well, you'll receive a tx hash in return.

the BLS pub key is obtained during the bls key creation, if you didn't take note of it during the creation you can recover it via the command :

./hmy keys recover-bls-key <absolute_path_to_your_bls.key>

ex : ./hmy keys recover-bls-key /root/b3727f8a497174dba2d4859a131a79f4065fa8d18b5e51e5624bc7dcc1e39ae25b0eb5a0b9a4b25a49c9ee3d3ebf7804.key

  • hmy - Harmony CLI binary

  • staking - subcommand for staking

  • create-validator - subcommand for creating validator

  • validator-addr - validator’s one address

  • name, identity, website, security-contact, details - are the description about the validator

  • rate, max-rate, max-change-rate - are the commission rates where the values should be between [0, 1] indicating the decimal percentage.

    • A rate of 0.1 means 10% of the rewards will be cut and given to the validator and the rest will be given to all the delegators (including the validator’s self delegation),

    • a max-rate of 0.9 means the maximum commission rate that the validator can set is 90%, and

    • a max-change-rate of 0.05 means the maximum rate of change the validator can apply to it’s commission rate every epoch is 5%

  • min-self-delegation - is the minimum delegation the validator itself have to put

  • max-total-delegation - is the maximum delegation the validator will accept

  • bls-pubkeys - is the comma separated list of bls public keys for all validating slots the validator like to take

  • amount - the initial stake of the validator (self-delegation). It is evenly distributed to each of the validating slots. E.g., if the amount is 100 and there are 10 bls public keys, each slot stake will be 10

  • chain-id - can be one of {mainnet, testnet, devnet} ; please use "testnet" in this case.

This create-validator transaction will be signed using the validator-addr key. Hence, the validator-addr key should exist in the keystore. There are multiple ways to manage your wallet account. Using mathwallet or Harmony CLI local keystore. Using Harmony CLI you could do this as follows:

./hmy keys import-private-key <your-private-key>
Or
./hmy keys import-ks <absolute-path-to-keystore-json-file> passphrase

After adding the key to the local keystore, execute following command that lists the account names and one addresses of all the local accounts.

./hmy keys list
NAME ADDRESS
ac1 one1pdv9lrdwl0rg5vglh4xtyrv3wjk3wsqket7zxy
ac2 one1pdv9lrdwl0rg5vglh4xtyrv3wjk3wsqket7zxy

When does the validator become active?

In Pangaea the validator will become active within 1 epoch / 10 minutes.

You can read more about epochs in Pangaea here.

Once create-validator is active and assuming you secured a seat in the EPOS committee, you'll start receiving rewards along with the famous BINGOs

tail -f latest/zerolog-validator-x.x.x.x-9000.log | grep -i BINGO
{"level":"info","port":"9000","ip":"213.136.79.89","blockNum":3916,"epochNum":26,"ViewId":3916,"blockHash":"0xca71fc9aa92f694f664aa34d7e3e82cf9b678e3a062d3bbbabebfbc5f0598d84","numTxns":0,"numStakingTxns":0,"caller":"/mnt/jenkins/workspace/harmony-release/harmony/node/node_handler.go:359","time":"2019-12-11T14:49:08.983338784+01:00","message":"BINGO !!! Reached Consensus"}

Checking Validator Information:

Getting information about a validator can be performed using Harmony CLI as follows:

./hmy --node=https://api.s0.p.hmny.io/ blockchain validator information one1pdv9lrdwl0rg5vglh4xtyrv3wjk3wsqket7zxy

The output should show the validator information for validator one address one1pdv9lrdwl0rg5vglh4xtyrv3wjk3wsqket7zxy: