aelf invites all block producers to participate in their next round of node elections: details
The ecosystem of node producers for aelf blockchain invites new enthusiasts to join its validator community.
aelf invites new block producers: the elections have started
According to the official announcement shared by the aelf blockchain team, today, November 18, 2021, its node election process has started. In total, 17 node producers will be elected to have the chance to support the process of aelf block validating.
Blockchain heavyweights like Huobi pool, RockX, 8BTC, BountyBlok have already confirmed their participation in the aelf electoral process.
Starting from today, two seats for new production nodes will be released weekly for six weeks. Thus, from November 25, 2021, two new producers will join the network each week.
To become a part of the block validation process, potential production node operators will be required to connect their nodes, stake some tokens and pass election/rotation procedures.
To connect to the aelf mainnet, organizations and individuals need to ping the aelf team via email or Telegram Messenger. After building a node infrastructure, the operators should submit introductory information to the governance module and stake tokens.
The production nodes of the aelf main network are chosen by the ELF holders. aelf enthusiasts should stake their tokens in the governance system to support this or that validator. The set of production nodes is rotated weekly based on the results of the vote.
Advancing the decentralization of cloud infrastructure
To keep the integrity and security of its mainnet, aelf blockchain introduced slashing rules: all nodes should be devoted to the validating process. If a block producer does not submit a block within 72 hours, their BP status is automatically removed. A stake of 100,000 ELF (more than $55,000 by press time) locked by this validator has been destroyed.
Haobo Ma, CEO of aelf, is convinced that this phase of advancement of the validation system is crucial for the development of its product:
We set the opening rules to ensure the stability and sustainability of the aelf mainnet. We have prepared our best team to support the election from all perspectives like front end, development, operations and marketing. The start of aelf node election will set the foundation for the development of the aelf ecology and we will have the most reputable node on aelf.
aelf is a new blockchain-based cloud infrastructure provider. It empowers dApps developers with a reliable and resource-efficient technical basis for their Web3 software programs.
Aelf is well known for its balanced, multi-layered infrastructure capable of seamlessly connecting to various consumer smart contract platforms.
