Hey everybody,
want to give you an update about the FIP8 status. So technically what’s left to do is:
- adding maximum for stake per validator, and configure the value
- update the validator’s staked amount and total stake in the beginning of the cycle, so validators can’t manipulate the reward.
We also would like to increase the minimum stake per node, because having many validators makes the bridge unstable. We are suggesting a max value of 2.5 million per node and a minimum of 0.5 million. So, for example, with 50 million of Fuse released, the number of validators is going to be between 20 to 100.
The optional features that we want to implement but may be postponed to new FIPs:
- governance voting need to take into account validator’s stake.
- locking period for staking
- minimum delegation fee
FIP8 for technical details
UPDATE
Our testnet is, once again, live!
The testnet rpc is: https://testrpc.fuse.io
We invite you to take part in it as well, piloting our latest network updates (FIP8!).
To run a node use the quickstart
script from: https://github.com/fuseio/fuse-network/tree/testnet-v2#using-quickstart.
For test Fuse feel free to mail me on leon@fuse.io
the testnet contracts are:
{
"BlockReward": "0x3b8C048DdEC04709125aF939360BDD619Ec6e9E3",
"Consensus": "0xF5C4782d61611e12CD9651355841716ea1801d5c",
"ProxyStorage": "0x7C6D56A0Df28791bDCDcd38a3315991EC54Cf18F",
"Voting": "0xa76E7b74D78a964140BF705c9C77208164511e0c"
}
I’ll elaborate more about the testnet plans in a separate thread