w3f / polkadot-wiki-old

The Polkadot wiki.
https://wiki.polkadot.network
55 stars 40 forks source link

Write a nice paragraph or 2 on validator payouts #234

Closed jplatts12 closed 5 years ago

jplatts12 commented 5 years ago

We haven't done a great job explaining to validators that they should run multiple validators for more payout. The major rewards in our scheme come from Block Authorship and Signing Parachain Blocks. All validators have a 1/total number of nodes in the validator set chance of getting paid for these activities at the end of an upcoming session (usually every couple hours I think). Validators get paid a fixed amount for these activities (not proportional to their stake) so the best way to increase rewards is to run multiple validators. We also want to nudge them to do this in the open - not deceptively claiming they run more or less validators than they actually do.

Many validators are coming from Cosmos where they run a single validator and get paid proportional to their total stake. So it's important we explain this soon. It will also help us achieve our goal of getting 50-100 well backed validators during the soft-launch period.