Re: [ANN] [SAFE] Safecoin - Solana Fork - Community Edition of Solana
Congrats on the launch of the new chain. Some great tech underpinning Solana and I really like some of the modifications made particularly the Validator HW requirements. Allows for a lower barrier to entry and more decentralization.
Question on Validators. Does a Validator get a slashing penalty in certain situations like down time or if it violates proof of history? On Solana:
“Validators may be penalized if they violate the network rules and Proof-Of-History. If validator is unresponsive it may lose corresponding rewards with possible algorithmic reduction of active validator's stake, which is earning SOL rewards.”
Thanks, looking forward to the DEX & other developments
Question on Validators. Does a Validator get a slashing penalty in certain situations like down time or if it violates proof of history? On Solana:
“Validators may be penalized if they violate the network rules and Proof-Of-History. If validator is unresponsive it may lose corresponding rewards with possible algorithmic reduction of active validator's stake, which is earning SOL rewards.”
Thanks, looking forward to the DEX & other developments
Thanks kindly and fantastic question, in our current implementation yes there is some slashing. However it is less than what is in Solana.
Very open to your thoughts on how you'd like to see this work. Definitely Proof of History and our TPS care about uptime. How we achieve that, is up to us. The slashing penalty is good for maintaining minimums. Rewards are good for reaching maximums.
We are also looking forward to the DEX
