cf_ that means you work for the foundation and know stuff right?
Two technical questions:
How sophisticated will the delegation of stake be. If my pool goes offline, am I just stuck with that, or can it roll over to a second, third, fourth delegate? This makes quite a bit of difference to the people who are planning to run pools, in terms of the amount of redundancy they need to incorporate.
If I delegate to a stake pool and that pool produces a bad block, I lose all my money - correct? This seems fair if it was intentional, however I think it is very likely that at some point this happens accidentally, memory corruption or something like that. Has this scenario been considered?
Hi @MARTIN_SMITH - staking right now is under development. The delegation team are making good progress though and we and IOHK will be answering specific questions as soon as we have accurate and firm answers
Hi @madsravn we are all eagerly awaiting more information! We are expecting stake pool registrations to start soon to take part in a testnet. This could happen soon (this month), but will depend on IOHK’s Shelly development progress. This forum will be notified as soon as more details are available - stay tuned!
I intend on applying to get a node. Not much more I can say. Everyone right
now is making empty promises since applications aren’t even out yet. There
are going to be a lot of people stuffing the application box to try and get
one of the 25-50 slots. I’m going to do my best stand out, I think I have a
good shot at being selected but going into the reasons why publicly at this
time would be detrimental since its anticipated that the application
process will be competitive.
20-100 limit is only for the testing phase. Once Shelley is released we expect no limit to the number of staking pools. IOHK will encourage pools/nodes to drive decentralization and secure the network.
I concur and trust it is the situation. Assuming this is the case, expenses ought to be minute since there are no huge expenses or obstructions, which is perfect for selection of the tech regardless of whether a portion of these salivating pool-administrators to-be are frustrated.
I plan on applying to get a hub. Very little more I can state. Everybody right
presently is making void guarantees since applications aren’t level out yet. There
will be many individuals stuffing the application box to attempt and get
one of the 25-50 spaces. I will do my best emerge.