Alex Bond

Research & Analytics at p2p.org.

33 posts
Cosmos Stargate and the new beginning of Cosmos

<p>We have voted YES to initiate the Stargate upgrade for the Cosmos Hub. We believe in the potential of the Cosmos ecosystem to grow and that<a href="https://stargate.cosmos.network/"> Stargate</a> opens a new page of ecosystem evolution being a huge step towards the original Internet of Blockchains vision.</p><p>By being an active contributor to the Cosmos ecosystem, P2P has built the dashboard to track delegation history across all the hub versions and claim rewards - a ledger delegation interface to securely stake in three simple steps. We participated in<a href="https://cosmos.network/goz"> Game of Zones</a> to test IBC in action and won the first prize in two phases. Our validator has taken part in a series of<a href="https://github.com/cosmosdevs/stargate#testnet"> testnets</a> since the beginning to prepare.</p><p><a href="https://stargate.cosmos.network/">Stargate</a> is the largest upgrade in the Cosmos ecosystem due date. What does it mean for the Cosmos network?</p><h3 id="road-to-million-blockchains">Road to million blockchains</h3><p>The current state of the ecosystem can be compared to the cities of a country struggling to communicate without capital and financial centers to connect them with each other. With the enablement of<a href="https://github.com/cosmos/ics/blob/master/papers/2020-05/build/paper.pdf"> Inter-Blockchain Communication</a> (IBC) the value can be seamlessly transferred across the ecosystem unleashing the synergetic effect among application-specific blockchains. Cosmos Hub will become the first intermedium to connect them with each other.</p><p><strong>The real long term challenge is to attract more builders and projects to the ecosystem to increase the cumulative value flow within the network.</strong> Notable improvements in performance and migration to<a href="https://medium.com/tendermint/tendermint-0-34-protocol-buffers-and-you-8c40558939ae"> Protobuf</a> blockchains will implement the upgrade to achieve higher throughput to handle the rising transaction volume. The ability to interoperate will bring composability to the ecosystem, with Protobuf it will be much easier for developers using various programming languages to communicate within the ecosystem and create novel applications.</p><p>In synergy with tools like<a href="https://github.com/tendermint/starport"> Starport</a> that allow developers to launch blockchains with a few commands and further coordinate the testnets with validators much faster, we can imagine the emergence of novel use cases and accelerated growth in areas like Decentralized Finance (DeFi) and Collectible economies powered by Non-Fungible Tokens (NFT).</p><h3 id="road-to-stargate-and-ibc">Road to Stargate and IBC</h3><p>Secure connection between blockchains requires trust in validators maintaining the actual state of the network. The Game-of-Stakes attracted and prepared solid staking providers and in March of 2019 Cosmos Hub was successfully launched on mainnet. There were two major upgrades, for the first year the focus was to battle-test staking, on-chain governance and provide a stable functioning network with a strong set of contributors.</p><p>Game of Stakes granted validators experience to be flexible to changing network conditions and on the 1st of May 2020 another incentivized competition called<a href="https://cosmos.network/goz"> Game of Zones</a> was launched to collect valuable data and prepare teams for the release of the IBC module. There were more than 150 participants.</p><p>IBC has been in development since the release of the original Cosmos whitepaper  - ongoing work to prepare and release the first version of the <a href="https://github.com/cosmos/ics/blob/master/spec.pdf">IBC specification</a> that outlines the overall design logic and architectural overview.</p><p>The plan of transition from hub-3 to hub-4 was outlined in the<a href="https://www.mintscan.io/cosmos/proposals/27"> Stargate proposal</a>. It was followed up with a<a href="https://stargate.cosmos.network/"> series of testnets</a> to examine the main features and ensure that the ecosystem participants are prepared for software changes being in line with the upgrade procedure.</p><p>On December 15th the finalized<a href="https://blog.cosmos.network/announcing-the-ibc-1-0-implementation-release-candidate-29f3245d7848"> version 1.0 of the IBC candidate</a> was announced. Multiple teams and contributors were involved in the process of improving, testing and finding bugs.</p><p>And now we have come to the point to finally bring the original vision of interoperability to the Cosmos network.</p><h3 id="what-to-expect-after-the-stargate-upgrade">What to expect after the Stargate upgrade?</h3><p>The rollout will happen in two phases as happened with with the launch of the Cosmos Hub on mainnet. During the first phase cross-chain transfers will be disabled to ensure the network is stable. Activation of the token transfer protocol will happen via on-chain governance. A proposal with parameter changes and timelines will be submitted and if passed we can utilize a fully functioning TCP/IP for blockchains in production.</p><p>With the enablement of the IBC, healthy competition among hubs can drive the development of the whole ecosystem. Novel use cases like liquidity mining over IBC can become a reality. New projects will be able to easily attract validators from the hub and ATOM will play the role of insurance against misbehavior providing strong security guarantees for new projects in the Cosmos network. Another interesting utility is that ATOM might be able to accrue fees in whitelisted tokens.</p><p>The IBC is still in its early days and adoption will take some time. Cosmos has made huge progress in these two years and P2P is proud to be part of it as a validator and contributor from the very beginning of the journey.</p><h3 id="about-p2p-validator">About P2P Validator</h3><p>P2P Validator is a world-leading non-custodial staking provider securing more than $650 million from over 4,500 delegators across 25+ top-notch networks. We are early ATOM investors and Game of Zones winners. P2P has supported Cosmos Hub from the first block taking part in all stages of testing and voting.</p><hr><p><strong>Web:</strong> <a href="https://p2p.org">https://p2p.org</a><br><strong>Stake ATOM with us:</strong> <a href="https://p2p.org/cosmos">https://p2p.org/cosmos</a><br><strong>Twitter:</strong> @p2pvalidator<br><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

TheGraph The Graph Delegation Guide For Locked GRT

<p><em>If you have participated in private sale of GRT and received email from The Graph team with a vesting contract address this guide will help you to delegate locked tokens.</em></p><ol><li>Go to<a href="https://network.thegraph.com/"> </a><a href="https://remix.ethereum.org/">https://remix.ethereum.org/</a></li><li>Press on a “<em>browser +</em>” symbol</li></ol><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/R0dIgqHs-32c5FRTcmhy3Bqhm-0x_aiuz2TMuGww8eHf5IkfH2K-rzG8IT9SfFN64TZeiFr6oGuxkJbkrBLjIwc9QaNcK8ODUWbayleXAWT-ms-PfgCJDsCW5Cf8UqMXtQmQEVBn" class="kg-image" alt></figure><p>3.  Add a name <em>TokenLock.abi</em></p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/al_4QAWsYDWJPt82NVQ14sDP5nF_HkQwtZTLqmeMkOZPgKOoU9du05ZFGEdj2TgCyyolWDlhLtJ9Ol-Oyatb6pSL3DWArNYzXtpQFWMevYHio9ltQ9z4Y1GJXqelF_b9ijtpXGe2" class="kg-image" alt></figure><p>4.  In a separate browser tab open: <a href="https://gist.githubusercontent.com/abarmat/20ac76441a7f4832ddc7e9a8b6fc2301/raw/3cc959f8233d35852afd81f42eba1fa8dac9f5a2/TokenLockWalletABIRemix.json">https://gist.githubusercontent.com/abarmat/20ac76441a7f4832ddc7e9a8b6fc2301/raw/3cc959f8233d35852afd81f42eba1fa8dac9f5a2/TokenLockWalletABIRemix.json</a><br>Copy the whole code and paste it in the <em>TokenLock.abi</em> that you have created in the previous step</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/JVNktjogZZ-Rez2_5t3qbaLtUduetWNY1JmaAFAdjfd44YnRrIgZ6GKxsjz870NLasKtCVjObj9NJqjYPRXcIc1eIhmHkxPwVZBGZvmqO9eEWenkBGF2Yis6FSTYGijq1jD6bYza" class="kg-image" alt></figure><p>5.  Press on a <em>Deploy &amp; Run a Transaction</em> button</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/cNdKvmMPeZ_iAAJqsRQlDGiEjXnPuXMoSiYpJNgForBl0kNrwfJsoydwTgjjkaOc6cK-Gsd63BlXL5sPgIPssuoeU4vTdnYnp_7Mjrm91ZWDHAGVxDsyPgstcNfqwikGPSqermFp" class="kg-image" alt></figure><p>6.  In the <em>Environment</em> drop-down field select <em>Injected Web3. </em>It should cause automatic connection to MetaMask extension</p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/jXoXqtUWd2Wc20yKZToqCBumxLJmoUGmNufRPn4W_Isu2F9fosV4LYTaOyqzAj1m_E7DidgtJD1lPItlbi8m5SkeQUGkjRMsJHpeNXaL4Am9tRppwS7-fwEEuekJ5KaqJrQHed-3" class="kg-image" alt></figure><p>7.  Paste vesting contract address from email that was sent by The Graph team. Press <em>At Address</em></p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/TVCJOSfer3NfjH9txEIg5jGDrJvaAMHkBQesuEcloRDLPL2W1uVG1IWDqGpObRXZUGKbfvZ3DNpF62aft4k_pcLXKqQA1mVWGp6a5I5ifonqcDKj2dT2PRmMm4EnWj-NXZrJDtex" class="kg-image" alt></figure><p>8.  Click on a <em>Deploy Contract arrow</em> to expand the drop-down menu</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/BxV18U5PUuikOFP-U3N_Pkpx6dEr552c2dqKcHf9ebP4uA5DcuMNRRSjCwnTHqOm2aafkKJnnjHEw-ndiUZl4SwPH4QpgSLm0Pu0H0gFfw8exDsYZyCaomDuvOuVt4MXEB410SKF" class="kg-image" alt></figure><p>9.  Click on <em>currentBalance</em> to check if it matches with the one from the email. If balance is correct press <em>approveProtocol. </em><strong><em>C</em>onfirm the transaction</strong></p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/coyF3BSuofW8efgvr8lkB9L_5xAjhJeusvit-FjyLZxbZvqis-f73f0aoRjO3syB62G9koW2JPSJARxPeJOHr5wB51ZJA5lXSGT6e73RforKeIp0BK4pxph0DL6ancPyk-fQTRmi" class="kg-image" alt></figure><p>10.  Copy the balance to proceed with delegation</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/9t8Lm9LHLThfgDdKd16g4CNsyXx5OKShCKYThvZZB63m1y6MEMd9qjU8gzMuRsT4UbpL_l2s9EPiGwU5TqR3aySvr9Oma0zV-TLy5QWIrnr9KthDMYok3VS7Pl8UtmYHvWqOzT9F" class="kg-image" alt></figure><p>11.  Press on the <em>Delegate</em> <em>arrow</em> to expand the section</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/NKXvNbArlEBrPPlfaN0070G1KT0zEGNFCLnNAVTHUmd833CSOnjEQs18zoJvnneAxXpu-K0q02NwDlRJYDVhU6RhbcqMJyk_7aC0GapwBdyJ1Safe7Wk0wfmfZwkY5soQQTbltbj" class="kg-image" alt></figure><p>12.  Paste the balance you copied to the <em>tokens </em>field. <strong>P2P has two indexers</strong> available for delegation:<br><br><strong>a) </strong>Indexer address: <strong>0x5a8904be09625965d9aec4bffd30d853438a053e</strong><br>Max capacity:<strong> 533M GRT</strong><br>Fee:<strong> 8% </strong><br><br><strong>b)</strong> Indexer address: <strong>0xf4a097ce3a4efbd1748b2ef2076813961e4e6fa7</strong><br>Max capacity:<strong> 17M GRT</strong><br>Fee:<strong> 8%</strong></p><p>Paste the chosen indexer address in the <em>indexer </em>field and press <em>transact </em>button. Confirm the transaction. You will be required to pay 0,5% GRT deposit tax</p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/5YkXxRZbCoovWL51VKKX8nfO4TNImtGpPzKbT32VedjWYi7qvAz7HFtye3yZnUycJhhMlhcgENCt-I2KOHxN50XGp0bVEyF-NHnq-TAbK5Ubxypf4tRwPjDES_KKXFKB0SGJlmxZ" class="kg-image" alt></figure><p>Rewards are automatically added to staked deposit and paid when indexer closes allocation. There is no slashing for delegators. Unbonding period lasts 28 days.</p><hr><p><em>If you have any questions, contact @Aleksei_W in Telegram or via email [email protected]</em></p><hr><h2 id="about-p2p-validator">About P2P Validator</h2><p>P2P Validator is a world-leading staking provider with the best industry security practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities. At the time of publishing, more than 350 million of USD value is staked with P2P Validator by over 4000 delegators across 15+ networks. We are early The Graph investors who participated in testnet from the day one with a goal to provide long term support for the ecosystem. We operate the biggest indexer globally with highest own stake of 33M GRT and available capacity of &gt; 500M GRT making it ideal choice for large GRT holders.</p><hr><ul><li><strong>Web:</strong><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_annoncement"> https://p2p.org</a></li><li><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></li><li><strong>Telegram:</strong><a href="https://t.me/P2Pstaking"><strong> </strong>https://t.me/P2Pstaking</a></li></ul>

Alex Bond

from p2p validator

TheGraph The Graph Delegation Guide For Unlocked GRT

<p><em>If you have unlocked GRT in your wallet use this guide to delegate and receive a share of staking rewards. If your tokens are locked with a contract try our <a href="https://economy.p2p.org/the-graph-delegation-guide-for-locked-grt/">staking guide for locked GRT</a>.</em></p><ol><li>Go to<a href="https://network.thegraph.com/"> https://network.thegraph.com/</a></li><li>Connect wallet using MetaMask</li></ol><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/connect-wallet.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/connect-wallet.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/connect-wallet.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/connect-wallet.PNG 1600w, https://economy.p2p.org/content/images/2020/12/connect-wallet.PNG 1905w" sizes="(min-width: 720px) 720px"></figure><p>3.  Choose an indexer. P2P has launched two indexers. Scroll down and paste <strong>0xf4a0 </strong>or <strong>0x5a89 </strong>in the indexer search field. <br><br><strong>a) </strong>Indexer address: <strong>0x5a8904be09625965d9aec4bffd30d853438a053e</strong><br>Max capacity:<strong> 533M GRT</strong><br>Fee:<strong> 8% </strong><br><br><strong>b)</strong> Indexer address: <strong>0xf4a097ce3a4efbd1748b2ef2076813961e4e6fa7</strong><br>Max capacity:<strong> 17M GRT</strong><br>Fee:<strong> 8%</strong><br><br>Press on a blue button to proceed and select <em>Delegate</em></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/scroll-down.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/scroll-down.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/scroll-down.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/scroll-down.PNG 1600w, https://economy.p2p.org/content/images/2020/12/scroll-down.PNG 1903w" sizes="(min-width: 720px) 720px"></figure><p>4.  In the opened window specify the amount you wish to delegate. Press <em>Submit Transaction</em>. You will be required to pay 0,5% GRT deposit tax</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/input-amount-1.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/input-amount-1.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/input-amount-1.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/input-amount-1.PNG 1600w, https://economy.p2p.org/content/images/2020/12/input-amount-1.PNG 1893w" sizes="(min-width: 720px) 720px"></figure><p>5.  Approve the transaction using Metamask. First, allow interaction with your wallet, and second confirm the delegation. You need to have some ETH to pay a tx fee.</p><p>6.  After a successful confirmation you can observe information about your delegation by pressing on your account in the right top corner</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/my-wallet.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/my-wallet.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/my-wallet.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/my-wallet.PNG 1600w, https://economy.p2p.org/content/images/2020/12/my-wallet.PNG 1908w" sizes="(min-width: 720px) 720px"></figure><p>7.  Rewards are automatically added to staked deposit and paid when indexer closes allocation. There is no slashing for delegators. Unbonding period lasts 28 days.</p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/LnKQ69DE9wFPNdY53-Liog91UcZZyU0MmTgNkmwFEAlYrvoHxw1EdqYVtyMGsC_RAj2KQVlth7S14HD5_erh0DE9fUwLNZeXduXgIeTqMVbYM3H5y0TLT3-IShUtPMytallp0mIY" class="kg-image" alt></figure><hr><p><em>If you have any questions, feel free to ask in our <a href="https://t.me/P2Pstaking">Telegram chat</a></em></p><hr><h2 id="about-p2p-validator">About P2P Validator</h2><p>P2P Validator is a world-leading staking provider with the best industry security practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities. At the time of publishing, more than 350 million of USD value is staked with P2P Validator by over 4000 delegators across 15+ networks. We are early The Graph investors who participated in testnet from the day one with a goal to provide long term support for the ecosystem. We operate the biggest indexer globally with highest own stake of 33M GRT and available capacity of &gt; 500M GRT making it ideal choice for large GRT holders.</p><hr><ul><li><strong>Web:</strong><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_annoncement"> https://p2p.org</a></li><li><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></li><li><strong>Telegram:</strong><a href="https://t.me/P2Pstaking"><strong> </strong>https://t.me/P2Pstaking</a></li></ul>

Alex Bond

from p2p validator

Flow P2P Validator Joins FLOW as a Node Operator

<p>Crypto-collectibles are currently gaining a lot of traction and the demand for non-fungible tokens (NFT) spiked with<a href="https://nonfungible.com/market/history"> over $2M weekly volume</a>. <strong>NFTs represent a proof-of-ownership for a unique asset that can be used to exchange in-game assets, to define copyrights for publishers or proof of authenticity by digital art creators.</strong> In 2017, the Cryptokitties game on Ethereum was the most popular blockchain enabled consumer application that revealed the hidden potential of crypto-collectibles. Three years later, it still remains one of the largest NFT games by sales volume.</p><p>Due to Ethereum scaling limitations and aggravating user experience, the team behind CryptoKitties spent the last two years in R&amp;D to build a new blockchain platform that could address mainstream consumer scale needs, while offering an unparalleled user experience. Flow is a new blockchain built for the next generation of apps, games, and the digital assets that power them.</p><p>Flow is designed for better user experience with multi-role architecture that allows the achievement of speed improvements without sharding, ensuring composability of applications. Resource oriented programming and upgradeable smart-contracts provide flexibility for developers. Flow uses proof-of-stake achieving relatively fast transaction finality. Though Flow is a multi-purpose general blockchain not limited to any specific use-case, <strong>it has the potential to become the leading platform for building decentralized gaming applications and power the growth of crypto-collectible economies.</strong></p><p><em>With that in mind, P2P Validator is excited to announce the launch of Collector, Verification and Consensus nodes to increase Flow decentralization as part of our commitment to support the development of open and censorship-resistant collectible economies.</em></p><p><strong>If you are interested in staking with us follow a few simple steps from our <a href="https://economy.p2p.org/flow-ledger-delegation-guide/?utm_source=flow_annoncement&amp;utm_campaign=flow_guide">staking guide</a>.</strong></p><p>Our team has extensive experience in setting up secure infrastructure. P2P Validator maintains high-availability nodes and provides secure staking services for the most groundbreaking projects in the blockchain space. <strong>We are an early Flow investor having our own skin in the game.</strong> The node infrastructure is under advanced monitoring with 24/7 technical support, backups and alerts.</p><h3 id="about-flow"><strong>About Flow</strong></h3><p>Flow is a novel developer-friendly blockchain that is perfectly fitted for games and digital assets powering collectible economies. It has multi-role architecture improving transaction speed and throughput. It is built by<a href="https://www.dapperlabs.com/"> the Dapper Labs</a> team that is behind<a href="https://www.cryptokitties.co/"> Cryptokitties</a> and<a href="https://www.nbatopshot.com/"> NBA Top Shot</a>. It is supported by notable venture funds including Google Ventures, USV, a16z, Venrock and many others.</p><p>Learn more by visiting the <a href="https://www.onflow.org/#">Flow Website</a>,<a href="https://twitter.com/flow_blockchain"> Twitter</a> or<a href="https://t.me/flow_blockchain"> Telegram</a>. If you’re a developer, take a look at<a href="https://www.onflow.org/play"> Flow playground</a> and join the discussion on<a href="https://discord.gg/JuZY76"> Discord</a>.</p><h3 id="about-p2p-validator"><strong>About P2P Validator</strong></h3><p><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_annoncement">P2P Validator</a> is a world-leading staking provider with the best industry security practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities. At the time of publishing, <strong>more than 350 million of USD value is staked with P2P Validator by over 4000 delegators across 15+ networks.</strong> We are early Flow investors with a goal to provide the long term support for the ecosystem.</p><hr><p><strong>Stake FLOW with us:</strong> <a href="https://economy.p2p.org/flow-ledger-delegation-guide/?utm_source=flow_annoncement&amp;utm_campaign=flow_guide">Ledger Delegation Guide</a></p><p><strong>Web:</strong><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_annoncement"> https://p2p.org</a></p><p><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong>Telegram:</strong><a href="https://t.me/P2Pstaking"><strong> </strong>https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Flow Flow Ledger Delegation Guide

<p><em>This guide is relevant if you use Ledger wallet to store FLOW tokens.</em></p><ol><li>Make sure that Ledger firmware and Flow application are updated to the latest version.</li><li>Go to <a href="https://port.onflow.org/">https://port.onflow.org/</a> and connect the Ledger device. If you have troubles at this step you can turn on <em>expert mode</em> in the Flow application on your ledger and check <a href="https://forum.onflow.org/t/ledger-common-issues-and-solutions/669">the most common issues &amp; solutions</a>.</li><li>Navigate to <em>Stake &amp; Delegate</em> tab and select <em>Start Delegating</em></li></ol><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/Go-to-stake-and-delegate-and-select-x-1.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/Go-to-stake-and-delegate-and-select-x-1.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/Go-to-stake-and-delegate-and-select-x-1.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/Go-to-stake-and-delegate-and-select-x-1.PNG 1600w, https://economy.p2p.org/content/images/2020/12/Go-to-stake-and-delegate-and-select-x-1.PNG 1897w" sizes="(min-width: 720px) 720px"></figure><p>4.  Paste the Node ID. At this moment with locked FLOW you can delegate only to a single node. P2P is running three nodes and each of them have limited staking capacity.<br><br><strong>Collection node [max 2,25m FLOW]</strong><br><em>79b43645fdf7c6597d8868b10c91d8cf343ab7d2cea0c98902d8f9456049918a</em><br><br><strong>Verification node [max 1,215m FLOW]</strong><br><em>78ef2e461a32df2278ae78baf7cf1a54fec3601fe4723a5833c49e1935dc4b7d</em><br><br><strong>Consensus node [max 4,5m FLOW]</strong><br><em>14faeb5538c8791827163074cd5fdbdcf70c44648a98d835c63ebb386d5c4745</em></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/2-node-id.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/2-node-id.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/2-node-id.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/2-node-id.PNG 1600w, https://economy.p2p.org/content/images/2020/12/2-node-id.PNG 1919w" sizes="(min-width: 720px) 720px"></figure><p>5.  Input the amount you wish to delegate and press <em>Continue</em>. Leave at least 1-2 FLOW unstaked.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/input-amount-and-leave-2-Flow-unstaked.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/input-amount-and-leave-2-Flow-unstaked.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/input-amount-and-leave-2-Flow-unstaked.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/input-amount-and-leave-2-Flow-unstaked.PNG 1600w, https://economy.p2p.org/content/images/2020/12/input-amount-and-leave-2-Flow-unstaked.PNG 1919w" sizes="(min-width: 720px) 720px"></figure><p>6.  Check the delegation request on the screen, click on a checkbox and press Confirm.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/final-check---checkbox-yes.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/final-check---checkbox-yes.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/final-check---checkbox-yes.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/final-check---checkbox-yes.PNG 1600w, https://economy.p2p.org/content/images/2020/12/final-check---checkbox-yes.PNG 1920w" sizes="(min-width: 720px) 720px"></figure><p>7.  Approve the transaction with your Ledger device.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/approve-on-ledger.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/approve-on-ledger.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/approve-on-ledger.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/approve-on-ledger.PNG 1600w, https://economy.p2p.org/content/images/2020/12/approve-on-ledger.PNG 1919w" sizes="(min-width: 720px) 720px"></figure><p>8.  You will see a transaction status page and in a few minutes it should change from pending to confirmed.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/wait-a-few-sec-and-you-will-see-confirmation-screen.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/wait-a-few-sec-and-you-will-see-confirmation-screen.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/wait-a-few-sec-and-you-will-see-confirmation-screen.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/wait-a-few-sec-and-you-will-see-confirmation-screen.PNG 1600w, https://economy.p2p.org/content/images/2020/12/wait-a-few-sec-and-you-will-see-confirmation-screen.PNG 1920w" sizes="(min-width: 720px) 720px"></figure><p>9.  From now on you are all set. In the <em>Stake &amp; Delegate</em> tab you will see information about the delegation. It should become active in the next epoch.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/12/Confirmation-screen--stake-will-become-active-in-the-next-epoch.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/12/Confirmation-screen--stake-will-become-active-in-the-next-epoch.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/12/Confirmation-screen--stake-will-become-active-in-the-next-epoch.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/12/Confirmation-screen--stake-will-become-active-in-the-next-epoch.PNG 1600w, https://economy.p2p.org/content/images/2020/12/Confirmation-screen--stake-will-become-active-in-the-next-epoch.PNG 1896w" sizes="(min-width: 720px) 720px"></figure><p>If you have any questions feel free to contact us. We are always open for communication.</p><h3 id="about-p2p-validator"><strong>About P2P Validator</strong></h3><p><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_guide">P2P Validator</a> is a world-leading staking provider with the best industry security practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities. At the time of publishing, <strong>more than 350 million of USD value is staked with P2P Validator by over 4000 delegators across 15+ networks.</strong> We are early Flow investors with a goal to provide the long term support for the ecosystem.</p><hr><p><strong>Web:</strong><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=flow_guide"> https://p2p.org</a></p><p><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong>Telegram:</strong><a href="https://t.me/P2Pstaking"><strong> </strong>https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Polkadot Guide for staking in Polkadot & Kusama with Ledger

<!--kg-card-begin: markdown--><p>This guide will follow through the process of creating an account in Polkadot using Ledger hardware wallet and staking using a controller account. If you have more than 50,000 DOT <a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_campaign=polkadot_ledger_guide" title="Get a special offer">contact us</a> to find out about our special staking conditions.</p> <!--kg-card-end: markdown--><p>To continue with Kusama switch the network and follow the same steps as for Polkadot.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/11/switch-2.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/11/switch-2.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/11/switch-2.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/11/switch-2.PNG 1600w, https://economy.p2p.org/content/images/2020/11/switch-2.PNG 1920w" sizes="(min-width: 720px) 720px"></figure><!--kg-card-begin: markdown--><p><strong>Table of contents</strong><br> I. <a href="#create-polkadot-account-with-your-ledger">Create Polkadot account with your Ledger</a><br> II. <a href="#bond-the-amount-of-dot-you-wish-to-stake">Bond the amount of DOT you wish to stake</a><br> III. <a href="#assign-a-controller-to-your-stash">Assign a Controller to your Stash</a><br> IV. <a href="#nominate-validators">Nominate validators</a></p> <!--kg-card-end: markdown--><h3 id="create-polkadot-account-with-your-ledger">Create Polkadot account with your Ledger</h3><p>Download <a href="https://www.ledger.com/ledger-live/download/">Ledger Live</a> on your device and connect your hardware wallet. Make sure that Ledger firmware is up to date. Install the Polkadot/Kusama application.</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/y5-RjvLZp7Ka9cpLZgpzYWEA2UyyELASDYqnSX9xCaiximIeqfNi9qe7oIrycLqc4N_9xcApzSLJJesT7PveasSN7_85-pWocmgA1Ne8wQTUXoCL8lAl5tNY_Ixik3GQT0YETVI2" class="kg-image" alt></figure><ol><li>Go to <a href="https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.polkadot.io#/settings">PolkadotJS UI</a> using Chrome and navigate to the <em>Settings</em> tab. In the dropdown menu related to hardware connections select<em> Attach Ledger via WebUSB </em>and press <em>Save.</em></li></ol><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/wMpvsexAYA8YDwB5xvt7cnKmMeuskWRcQLFdkwXqxVipjZHR8B7G64AAQsmv_cz1AYmEbr7WXd53ziAHgp0jvPvL0wlQJssWaLXV9qA_5y1BRWz96T6LiG5c8bRpGxFLSAa3ljv7" class="kg-image" alt></figure><p>2. Go to the <em>Accounts</em> tab and press <em>Add Ledger </em>button to create an account</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/G_VJSqbDxNdUJGnvgV1F5-D1qrlEfN8o7XfgxQ6B1VG-B3vmJpWpByGEbVDsGPsb8Ps3G-mCDzYgkwyC2NaTGln33I9fQZ_c6pXZAO-sBMPovKcewsgJN_hHQntKeEnIXPDoILRg" class="kg-image" alt></figure><p>3. On your Ledger wallet, navigate to the Polkadot/Kusama app that you downloaded in Step 1 and select it by pressing two buttons on your Ledger. Go back to the screen on your device and click <em>Save</em>.</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/L659ZpiW6Awwsr3GmoRsG5m8VZ6C8zTdcnWyQSonlQ4_trJt5qS8qQ4GpvPUMQTpDX7JkHMa5Rw7GY2ijb-gS5HJKHX47vS-iFDBGm65e9YFbYGZhPdkfKtDyWXlB8-l33CvjAJx" class="kg-image" alt></figure><p>4. You will be asked to confirm the connection of your Ledger via web interface. Select it in a dialog window and press <em>Connect.</em></p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/IgDYDyvEm6v5Bac0aWSZHWAYa3nGoWrlWoSRv8-zKna3pIv_b637HJgz1nBeKfuxV7EZ0rkJv-HPLOWu2tMdKCwqbzH_A2WomgkGf9ZuKYxgWmttk8Th7BvqHypMnpR53kQi3YyT" class="kg-image" alt></figure><!--kg-card-begin: markdown--><ol start="5"> <li>The account should appear on the screen. This account will play the role of your stash. If your stake is higher than 50k DOT - <a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_campaign=polkadot_ledger_guide" title="Get a special offer">contact us</a> to receive a special offer from P2P. To generate multiple addresses repeat steps 3,4 but every time choose a different address index in the drop-down menu of step 3.</li> </ol> <!--kg-card-end: markdown--><p>We will continue with a single account but if there are multiple ones the following process should be repeated for each of them.</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/zOgHQZdtDfwmwYfC1i7iGeVgvEJ_sJhP3oKFx7Wm_XgeX23okGrNYzmMK4Jm67G4gduYAOFD1zmJqHvwyW4sqrq1MP7VzdU_Xi500EK3aBAMO7rkeDVjkBamSt2qqluK7dzOMFtO" class="kg-image" alt></figure><p>Left-click on the icon to copy the address and send DOT tokens to it.</p><h3 id="bond-the-amount-of-dot-you-wish-to-stake">Bond the amount of DOT you wish to stake</h3><ol><li>Go to <em>Network -&gt; Staking </em>and navigate to <em>Account Actions </em>by pressing the tab.</li></ol><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/s5zgusv6II9zV9uYwRs_XXChVpkxFyncnWQ9TW2NTrgW20h0cQk4ZExuIi7KPAFYDSAS7kmsWvmWQKBCNHx8NaoDRcn9t7D-48uMIMVl9xbaGN0sAdNvSUGnm1NWIXFOx3cHpQhl" class="kg-image" alt></figure><p>2. Bond the amount you wish to stake. Leave at least 2-3 DOT unbonded to cover  future transaction fees. In the dropdown menu you can specify the desired way of receiving rewards <strong>on your stash</strong>. (Auto re-staking or auto unbonding, to become transferable in 28 days after payout was triggered)</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/w1Nng_MmpnpKj3tpEKx2B5_OinchL7uSjJt69asmImIIrT1APTYkusX_S-CtnCLwJKh9HmyXg0Iov4GARnX4ZwNZXesYhIlZAWCbQmmXHX2u10759UzH7uEqFJtNcJn7KnRUHF11" class="kg-image" alt></figure><p>We make payouts every day or three so you won’t need to pay a tx fee by yourself.</p><p>3. Press <em>Sign and Submit,</em> then confirm the transaction on your Ledger device</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/vVURso4mV9O0Dq0j82rfft7FsT6mol--8_SCr4zAbGuPpxiS7FXv9XMpIUGkt7aiEYVpm2Sj-KBWbJlRPgOraokh0XX57DAvyJizmuEi0fQEnXYGDNZFGniz7kKnFfM4TCkB1FIh" class="kg-image" alt></figure><p>If the hardware wallet becomes disconnected, re-enter the Polkadot application and continue making actions on the PolkadotJS screen. You will be asked to connect Ledger via web interface as in step 5, after that continue with the step where the connection was lost.</p><p>4. After successful bonding your stash appears in the <em>Account Actions </em>tab. We recommend assigning a controller account. It is a separate account that you should fund with 2-3 DOT and connect with your primary one to perform staking related operations on behalf of your stash, like triggering payout or nominating a validator. Controller has no access to the funds on the stash.</p><h3 id="assign-a-controller-to-your-stash">Assign a Controller to your Stash</h3><ol><li>Navigate to <em>Developer</em> <em>-&gt; Extrinsics</em>.</li></ol><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/zVQ1TXaO4YF5Z6r76mtmQERh-1bkA9AfpTzFO9sy-CLkQtSotYrHAB06IXxuLz4fZiAtOjW6k1aKW8Y_rWGBR9a2qC-wGFrUN7WIMW5HXtzKRTvYGYlfOXYr-pVJ6-86p_OIurNo" class="kg-image" alt></figure><p>2. In the left drop-down menu select <em>staking</em></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/11/sc_staking.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/11/sc_staking.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/11/sc_staking.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/11/sc_staking.PNG 1600w, https://economy.p2p.org/content/images/2020/11/sc_staking.PNG 1920w" sizes="(min-width: 720px) 720px"></figure><p>3. In the right drop-down menu select <em>setController</em></p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/2Bo4Ac-SqOrujMB92XeAEFxjhTBKeaQKkPzM7Wx36WdBu8w_VGE-oyA-pBLdlOA7MyrYabspVq1AGKB4T1cuS0SQtTutQ2dBv7SsgFa10ZgIbRvPhhWjl8fG9eW34EnH6te8zNE_" class="kg-image" alt></figure><p>4. In the last drop-down menu paste the controller address you wish to assign.<strong> </strong>Every stash should have a separate controller.</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/HCzIawUt7bsh9Ux-sVLdRbu92FZXNrGtKnXNxswUnI8ijaeZJ9o_EzloQLO59P4jcXUJ4J0lbtUe24JaKz5a06poIFHLPoiFHHXiVOrmlZ9TU4CQ_HGPlapdpKaTMPoo36a_o9dt" class="kg-image" alt></figure><p>Press <em>Submit Transaction</em></p><p>5. In the opened window click <em>Sign and Submit, </em>then confirm the action with your Ledger wallet</p><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/2hXLQSBdRlAr5VsH6Fmqj5PlryJOqeWyh5yUZnbCuvXylxhG75IWr7qgiJejeQpDIRkHn9lbazDSdmZGvNEGpEkEcP-ot81-2N9tqmi92rDFWRfVyghBq2VyE3Zo1wgO0HcQEXyo" class="kg-image" alt></figure><p>6. Go to <em>Network -&gt;</em> <em>Staking -&gt; Account Actions </em>to check the updated information. In the Controller column you will see the recently added controller address instead of the stash.</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/WvK3jnhzJldJ2kM5HK2awcVwokyG92ANoISdOuGomrXgJIifV6koER281dHcbHNkW1AJpfFWgjNmFeKPiDzEWjodR8hhl3QunzQY2PWkq9IET_5AdxFIe56PH1dvUhNxFRb7W3Zr" class="kg-image" alt></figure><h3 id="nominate-validators">Nominate validators</h3><ol><li>Press <em>Nominate </em>button</li></ol><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/cgkEcRpMBOxmnhmqOMUQ8vEjSJFzpixp3hKjZZKuH8cO49tdW92pYgHzqWXP-b_HM20jnXlnh7iyKJvjbD3jzucmQ_DlBb9XCYFA6WnBoUIG78TzII93Nja93ZQPVjGti8TfFPkC" class="kg-image" alt></figure><p>2. In the opened window select up to 16 validators you wish to stake with. If you would like to nominate P2P go to <a href="https://p2p.org/polkadot">https://p2p.org/polkadot</a> and select validators from there. We update the list on a regular basis.</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/fS5UnK-NZvAPCLEbSlIqcm4B7w-4Q9FD2XO6C68e8wMQw0HE9mkbMJSNSucCjeg_hadaXhOyZaqeLrng68frTAZjgs8pOK3juLy3oeTcd6-JUouv9CVOF5aFkujqgLt3ZbfH_SWA" class="kg-image" alt></figure><p>3. Chosen validators will appear in the right column. Press <em>Nominate.</em></p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/OQk6oaLdyU7oMzLRNUMcIyDEwWaOa3Kls269kUHf2ZZQgNCSDplnPWnxeLhqwaIWZecWU3msVQdZECm8vEuh-OcVViPbZSm_t8iX9HnCoQCEJ6SQikEpapb6VRql7NGgXJiVK3oa" class="kg-image" alt></figure><p>4. You will be asked to confirm the transaction with your Controller account. Click <em>Sign and Submit.</em></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/11/Sign---submit-ser.PNG" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/11/Sign---submit-ser.PNG 600w, https://economy.p2p.org/content/images/size/w1000/2020/11/Sign---submit-ser.PNG 1000w, https://economy.p2p.org/content/images/size/w1600/2020/11/Sign---submit-ser.PNG 1600w, https://economy.p2p.org/content/images/2020/11/Sign---submit-ser.PNG 1920w" sizes="(min-width: 720px) 720px"></figure><p>5. In the top right corner you should see that transaction is confirmed. Your screen should be updated and current nominations should appear in the <em>Account Actions </em>tab. From here you will be able to manage your staking in future.</p><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/6W7zmuhtnP062W3Nvm2xdv-snh07v580ogpm-s5j1vOVJE6TF-W5LEojRqld7NFtjQA6SSVhTzf54alOPEFGNRjPhHJioEvvQUkJxdmgh8rnUuXKAFPyVEm7pmVx-apyCvlwR71y" class="kg-image" alt></figure><p>Staking will begin from the next era or two (24 - 48 hours). You will be able to track nominations from <em>Staking -&gt; Account Actions. </em>At least one nomination should become active thus your stake is working in full and generating rewards.</p><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $100 million by over 2000 delegators/nominators across 15+ top-notch networks. We have been presented in all Polkadot testnets and have been actively participating on Kusama network since the beginning. P2P Validator invested its own funds in Polkadot in 2017 and intends to support the network in the long term.</p><hr><p><em>Do not hesitate to ask questions in our</em><a href="https://t.me/P2Pstaking"><em> Telegram chat</em></a><em> or contact Slava via sy<a href="https://economy.p2p.org/guide-for-staking-with-ledger-in-polkadot-kusama/[email protected]"><a href="https://economy.p2p.org/guide-for-staking-with-ledger-in-polkadot-kusama/[email protected]"><a href="https://economy.p2p.org/guide-for-staking-with-ledger-in-polkadot-kusama/[email protected]">@p2p.org</a></a></a>. We are always open for communication.</em></p><hr><p><strong>Web:</strong><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=polkadot_nominate"> https://p2p.org</a><br><strong>Stake DOT with us:</strong><a href="https://p2p.org/polkadot"> https://p2p.org/polkadot</a><br><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a><br><strong>Telegram:</strong><a href="https://t.me/P2Pstaking"> https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Nucypher NuCypher Brief Overview

<p>NuCypher is a decentralized secret management network where a group of nodes (workers) perform proxy re-encryption to manage permissions on encrypted data instead of a centralized server. It allows safe data exchange without ability for proxies to learn the plain text info. Correctness of worker behavior is guaranteed by staking and cryptographic proofs. Additional token emission incentivizes node operators to maintain high availability infrastructure and in the case of network rules violation a portion of their holdings will be slashed.</p><h3 id="current-state-and-market-potential"><strong>Current state and market potential</strong></h3><p>NuCypher mainnet successfully launched on 15th October 2020 allowing token holders to stake their NU.</p><p>Privacy of sensitive data is a vexed problem and services provided by NuCypher project are attractive and valuable not only in crypto space. The highest growth of<a href="https://www.statista.com/statistics/798564/number-of-us-residents-affected-by-data-breaches/"> data breaches in USA</a> was in the healthcare sector demonstrating 80% increase from 2017 to 2019 including the transmission of confidential data without proper encryption.</p><p>Enterprises also are seeking ways to avoid data leaks and securely manage and share sensitive data.<a href="https://www.marketresearchfuture.com/reports/key-management-service-market-8188"> The Global Key Management as a Service Market</a> market size is expected to grow from $363 million in 2018 to $1,28 billion by 2023 and is estimated to reach $2,29 billion by 2025 during the period 2019–2025.</p><h3 id="token-allocation"><strong>Token allocation</strong></h3><p>NuCypher raised $750k in 2016 ; $4.3 million in 2017 and $10,7 million in 2018. The overall token allocation showed in a diagram below.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/10/image-2.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/10/image-2.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/10/image-2.png 1000w, https://economy.p2p.org/content/images/2020/10/image-2.png 1600w" sizes="(min-width: 720px) 720px"></figure><h3 id="staking-economics"><strong>Staking economics</strong></h3><p>In order to participate in the network as a worker and perform re-encryption, node operators have to lock NU tokens. At the start rewards from providing re-encryptions might be low so until the project gets traction, node operators will be incentivized mostly by emission of new tokens. <strong>Holders can delegate their funds and earn a share of rewards in proportion to their stake.</strong></p><p><strong>Compensation is higher when tokens are locked for a longer period.</strong> To get maximum compensation stakers have to lock their funds for at least a year to be allowed to accept policies with longer terms. Shorter commitment will result in lower rewards for participants and they will not be allowed to provide re-encryption if the length of a particular policy is higher than chosen lock-up period. <strong>Staking since the beginning of mainnet with compounding of rewards also will result in higher returns.</strong> The whole stake can be split into sub-stakes where each will have its own lock-up period.</p><p>In existing representation only one staker can delegate to a worker in near future, staker can be a smart contract that accepts delegations from various addresses. We believe in future adoption of NuCypher and will provide the long term staking maximizing staking rewards.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/10/table-14.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/10/table-14.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/10/table-14.png 1000w, https://economy.p2p.org/content/images/2020/10/table-14.png 1368w" sizes="(min-width: 720px) 720px"></figure><h3 id="native-token"><strong>Native token</strong></h3><p>NuCypher token NU is ERC20 token the main purpose of which is to act as a staking token in the network with limited liquidity and low volatility. Amount of provided re-encryptions will be proportional to stake which is guaranteed to be locked at the end time of the policy. Node operators with higher stake presuming higher loss in case of bad behavior and ability to accept policies with longer terms.</p><p>NuCypher based on Ethereum blockchain means that users should have ETH on the worker node’s address to pay tx fees. Workers also share service fees paid by end users in ETH for providing re-encryptions.</p><p>Over 350 000 ETH were locked in the smart contract by participants to take part in<a href="https://blog.nucypher.com/the-worklock/"> WorkLock token distribution model</a> proposed by NuCypher team.</p><h3 id="slashing-risks"><strong>Slashing risks</strong></h3><p>There are two potential slashing conditions:</p><ul><li>Providing incorrect responses</li><li>Continuous downtime</li></ul><p>At network genesis, the protocol will be able to detect and attribute instances of incorrect re-encryptions. If there are many sub-stakes and misbehavior occurs, unlocked tokens which do not participate in staking will be slashed in the first place and then ascending sub-stakes with lower lock-ups.</p><p>A false re-encryption is not like a double-sign. Correctness of a re-encryption can be proved via a zero-knowledge proof. If users receive incorrect re-encryption, they can provide this proof to the network, which will result in the node getting slashed. <strong>For each violation, 2×10−18 NU tokens will be deleted from the offender’s stake</strong>. <br><br>In the future, slashing parameters can be changed by the Decentralized Autonomous Organization (DAO) that is managed by NU stakeholders who operate nodes. It makes NuCypher a community driven project from the very beginning.</p><p>At network launch slashing for worker unavailability is turned off until it will be enabled by the DAO if needed. <strong>Stakers will not receive inflation rewards for any period the node is offline</strong>. A worker that doesn't timely apply updates and constantly experiencing downtime will also miss rewards.</p><h3 id="about-p2p-validator">About P2P Validator</h3><p><a href="https://p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $200 million by over 2000 delegators across 15+ top-notch networks. Our team has close connections with NuCypher and we have participated in the incentivized testnet since the beginning. P2P Validator invested its own funds in NuCypher project in 2017 and intends to support the network in the long term.</p><h3 id="useful-nucypher-resources"><strong>Useful NuCypher resources</strong></h3><ul><li>Website:<a href="https://www.nucypher.com/"> https://www.nucypher.com/</a></li><li>Github:<a href="https://github.com/nucypher/"> https://github.com/nucypher/</a></li><li>Docs:<a href="https://docs.nucypher.com/en/latest/"> https://docs.nucypher.com/en/latest/</a></li><li>Whitepaper Technical:<a href="https://github.com/nucypher/whitepaper/blob/master/whitepaper.pdf"> https://github.com/nucypher/whitepaper/blob/master/whitepaper.pdf</a></li><li>Blog:<a href="https://blog.nucypher.com/"> https://blog.nucypher.com/</a></li></ul><hr><p><em>Want to stake NU with us? Alexey will be happy to help. Contact [email protected] to get personal assistance.</em></p><hr><ul><li><strong>Stake NU with us:</strong> <a href="https://p2p.org/nucypher">https://p2p.org/nucypher</a></li><li><strong>Web:</strong><a href="https://p2p.org"> https://p2p.org</a></li><li><strong>Twitter:</strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></li><li><strong>Telegram:</strong><a href="https://t.me/p2pvalidator"> https://t.me/p2pvalidator</a></li></ul>

Alex Bond

from p2p validator

Oasis Oasis brief overview

<p>Oasis protocol is a decentralized privacy-preserving platform for cloud computing that allows safe data sharing and ownership enabling computationally complex applications. Oasis provides confidentiality at every layer of the protocol. The network is secured by proof-of-stake where the rectitude of validators responsible for consensus and nodes providing computations is provided by slashing in case of misbehavior. At the outset, validators are incentivized by gradually decreasing emission schedule and transaction fees.</p><h3 id="current-state-and-market-potential"><strong>Current state and market potential</strong></h3><p>Oasis team plans to launch Mainnet Beta (fully featured network with disabled transfers) soon after Mainnet Dry Run that is launched to ensure that the network is healthy.</p><p><a href="https://www.gartner.com/en/newsroom/press-releases/2019-04-02-gartner-forecasts-worldwide-public-cloud-revenue-to-g">Gartner projects</a> the market size and growth of the cloud services industry at nearly three time the growth of overall IT services by 2022. According to <a href="https://www.idc.com/getdoc.jsp?containerId=prUS45340719">IDC forecast</a> worldwide spending on public cloud services and infrastructure is set to double growing from $229 billion in 2019 to almost $500 billion by 2023.</p><p>At the same time more data is stored in the clouds posing higher security and privacy risks which are the most concerning for data owners. The danger of cloud breach <a href="https://leftronic.com/cloud-computing-statistics/">has increased by 18.4% since 2016 while 60% of companies</a> use cloud technology to store confidential data.</p><p>Oasis team addressed privacy issues by implementing<a href="https://docsend.com/view/3aznduk"> Ekiden</a> that allows nodes to perform computations off-chain in a trusted execution environment without access to the data itself.</p><h3 id="token-allocation-and-purpose"><strong>Token allocation and purpose</strong></h3><p>Oasis Labs raised $45 million. The overall token allocation presented in the graph below. Total supply is capped at 10 billion ROSE. For staking rewards foundation allocated ~2 billion ROSE.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/token-dist-oasis-pie.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/token-dist-oasis-pie.png 600w, https://economy.p2p.org/content/images/2020/09/token-dist-oasis-pie.png 695w"></figure><p>Oasis native token is a staking unit with limited liquidity and low volatility serving the purpose of securing the network and incentivizing nodes to follow the protocol rules. Transaction fees are also denominated in ROSE as well as a payment for provided computations after this feature will be enabled.</p><p>There will be no public sale due to regulation risks. To acquire tokens you should wait for official announcements from the Oasis team and listing on exchanges.</p><h3 id="staking-economics"><strong>Staking economics</strong></h3><p>Oasis currently uses Tendermint consensus. Nodes performing confidential computations utilize TEEs to execute smart contracts and do not have access to the data itself while validators finalize transactions and update the state of the blockchain. Oasis network will launch with a focus on the consensus layer of the protocol. <strong><strong>To begin with, rewards from staking will be </strong>~<strong>15% and then  decrease to 1</strong>2<strong>%</strong> in six month.</strong> Holders can delegate their funds increasing overall security of the network and earn a share of rewards in proportion to their stake. There is a minimum required delegation of 100 tokens. Staking since the beginning of mainnet will result in higher returns for delegators.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/table-8-1--1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/table-8-1--1.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/table-8-1--1.png 1000w, https://economy.p2p.org/content/images/2020/09/table-8-1--1.png 1368w" sizes="(min-width: 720px) 720px"></figure><h3 id="slashing-risks"><strong><strong>Slashing risks</strong></strong></h3><p>At the time of mainnet launch, the protocol will slash <strong><strong>only for double-signing</strong></strong>. At the start the <strong><strong>minimum amount of 100 tokens will be slashed</strong></strong> and node functioning stopped in order to prevent the node from being over-penalized and resulting in losing delegations. Validators will have to change operating address and attract delegations to participate in consensus. There is <strong><strong>no slash for liveness or uptime at launch</strong></strong>, but a node would need to sign at least 75% of blocks in the epoch to receive corresponding rewards.</p><h3 id="about-p2p-validator"><strong><strong>About P2P Validator</strong></strong></h3><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $200 million trusted by over 2000 delegators across 15+ top-notch networks. Our team has close connections with Oasis team and we have participated in the incentivized testnet since the beginning. P2P Validator invested its own funds in Oasis project and intends to support the network in the long term.</p><h3 id="useful-oasis-resources"><strong><strong>Useful Oasis resources</strong></strong></h3><p>Website:<a href="https://www.oasislabs.com/"> https://www.oasislabs.com/</a></p><p>Github:<a href="https://github.com/oasislabs"> https://github.com/oasislabs</a></p><p>Docs:<a href="https://docs.oasis.dev/overview.html#what-is-oasis"> https://docs.oasis.dev/overview.html#what-is-oasis</a></p><p>Whitepaper:<a href="https://docsend.com/view/grdq39h"> https://docsend.com/view/grdq39h</a></p><p>Non-tech paper:<a href="https://docsend.com/view/5uuhcj3"> https://docsend.com/view/5uuhcj3</a></p><p>Blog:<a href="https://www.oasislabs.com/blog"> https://www.oasislabs.com/blog</a></p><hr><p><em><em>Want to stake Oasis with us? </em>Paul <em>will be happy to help. Contact</em></em> <em>p.pavlov<em>@p2p.org</em></em> <em><em>to get personal assistance.</em></em></p><hr><p><strong><strong>P2P Validator</strong></strong> provides secure non-custodial staking. Subscribe to our channels and stay tuned for updates and new blog posts.</p><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/"> https://p2p.org</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram:</strong></strong><a href="https://t.me/p2pvalidator"> https://t.me/p2pvalidator</a></p>

Alex Bond

from p2p validator

Solana, Serum P2P Validator Joins Serum Project as a Node Operator

<p>This year has been marked by the surge of decentralized finance (DeFi) and rise of a value locked through Uniswap - an automated market maker. Despite this, notable limitations like slow transaction processing, a spike in gas prices and the absence of trustless cross-chain swaps still exist, aggravating user experience.</p><p>Serum is going to eliminate these limitations of DeFi space. It is a <strong><strong>trustless decentralized exchange by design</strong></strong> built on top of Solana blockchain implying low latency and high transaction speed. Serum has <strong><strong>cross-chain support</strong></strong> and does not rely on centralized price feeds. <strong><strong>It is fully interoperable with Ethereum ecosystem</strong></strong> and provides the same trading experience that users get on centralized platforms by being the first high-throughput exchange that has a fully <strong><strong>on-chain orderbook and matching engine</strong></strong>.</p><p>Due to impressive performance qualities <strong><strong>Serum can become a foundational block for DeFi</strong></strong>.</p><p><em><em>With that in mind, P2P Validator is thrilled to announce the launch of Serum node with the mission of fostering DeFi growth and supporting censorship-resistance of value exchange.</em></em></p><p>Our team has extensive experience in setting up secure infrastructure. <strong><strong>P2P Validator maintains high-availability nodes and provides secure staking services for the most groundbreaking projects in the blockchain space</strong></strong>. We are an early Solana investor and active contributor operating a robust validator for mainnet beta. The node infrastructure is under advanced monitoring with 24/7 technical support, backups and alerts.</p><h3 id="about-serum"><strong>About Serum</strong></h3><p><a href="https://projectserum.com/">Serum</a> is a trustless decentralized exchange that enables seamless cross-chain trading and outstanding user experience. It allows fast order placement and on-chain order matching overcoming existing limitations in the space. It was founded by a group including team members from<a href="https://ftx.com/"> FTX</a> and<a href="https://www.alameda-research.com/"> Alameda Research</a> supported by advisors from Compound, BitMax, TomoChain and other notable projects. The list of partners include: Aleph.im, BitMax, FTX, Kyber Network, Leminscap, Multicoin Capital and many other well-established companies.</p><p>Learn more by visiting the<a href="https://projectserum.com/"> Serum Project website</a>,<a href="https://twitter.com/ProjectSerum"> Twitter</a> or<a href="https://t.me/ProjectSerum"> Telegram</a>. To discover Serum ecosystem visit<a href="https://serum-academy.com/en/"> Serum Academy</a>. If you’re a developer, read a technical<a href="https://docs.google.com/document/d/1isGJES4jzQutI0GtQGuqtrBUqeHxl_xJNXdtOv4SdII/edit#"> introduction to Serum</a> and join the discussion on<a href="https://discord.com/invite/MxZFT4v"> Discord</a>.</p><h3 id="about-p2p-validator"><strong>About P2P Validator</strong></h3><p><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=serum_intro">P2P Validator</a> is a world-leading staking provider with the best industry security practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities. At the time of publishing, <strong><strong>more than 200 million of USD value is staked with P2P Validator by over 2000 delegators across 15+ networks.</strong></strong> We are early Solana investors and contributors having a goal to provide the long term support for the ecosystem.</p><hr><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=serum_intro"> https://p2p.org</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram: </strong></strong><a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Polkadot P2P Staking Strategy in Polkadot Before DOT Transfers

<p>Polkadot staking has successfully launched. Validator elections has been held and issuance of first rewards has been started. If you have not nominated yet it is a good time to <a href="https://economy.p2p.org/polkadot-nomination-guide?utm_source=strategy&amp;utm_campaign=strategy">do it now</a>.</p><p>P2P Validator has more than three years of experience as a non-custodial staking provider. We make staking clear and attractive to simplify the process, incentivizing token holders to secure the network. <strong><strong>The main goal of our staking strategy is maximizing rewards for token holders.</strong></strong></p><p>To reach that goal in Polkadot, we have been validating Kusama since the first day to polish our approach. Currently, we operate over 25 Kusama nodes with 300,000 KSM nominations and provide <strong><strong>~15% benefit for our nominators compared to average.</strong></strong></p><p>Below I will briefly describe a <strong><strong>temporary approach we are taking while DOT transfers are not enabled</strong></strong>.</p><p><a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=strategy">Nominate P2P</a> to take part in this exciting journey.</p><h1 id="staking-in-polkadot"><strong>Staking in Polkadot</strong></h1><p>In Polkadot nominators don't choose the amount delegated to a particular validator. <strong><strong>Instead, they select preferred validators and their bonded stake automatically spreads amongst them</strong></strong> to achieve an optimal distribution. Each token holder can pick up to 16 targets and the system will decide which ones will receive a delegation and the amount.</p><p>Nominations represent stake-weighted voting for validators who compete for the active set. In the long term validators in the active set receive equal rewards meaning that the least staked node can potentially be more efficient.</p><p>For example, assuming 0% commission, a nominator with <code>10 000 DOT</code> will receive 50% if the total stake of a validator is <code>20 000 DOT</code> and only 25% if <code>40 000 DOT</code>. But, if a staking provider does not have enough votes it can remain outside of the active set.</p><p>To provide sustainable services <strong><strong>validators need to find an optimal relation between the number of nodes and their total nominated stake</strong></strong>. We run multiple nodes to provide an even distribution of stake for our nominators.</p><h1 id="dynamic-adjustment-strategy"><strong>Dynamic adjustment strategy</strong></h1><p>The lower threshold of nominated stake decreases as the number of available seats in the active set increases and we will adjust to it <strong><strong>retaining the number of our active nodes to be always one unit higher than the number that can win in elections</strong></strong>.</p><p>The reserved validator will enter the active set if it is expanded or more token holders vote for these nodes. Once this happens tokens will be distributed amongst the higher quantity resulting in a lower stake on each node. In this case nominators get a higher share in it. To explain the idea let's look at an example, which is simplified for better understanding.</p><h3 id="example"><strong>Example</strong></h3><p>Let's assume that <code>12 000 DOT</code> is required to win in elections and <code>30 000 DOT</code> is staked with three validators two of which are in the active set while the third one is in reserve. In this case, tokens will be evenly distributed among the two active ones resulting in <code>~15 000 DOT</code> staked with each of them.</p><p>If nominators vote for these three nodes with an additional <code>6 000 DOT</code> or the number of validators in the active set increases, the reserved validator will most likely win in the next elections. Stake of nominators will be redistributed resulting in <code>~10 000 DOT</code> per node and nominators will obtain a higher share. We will set a new reserve node that nominators can include in their nomination list in case of future changes.</p><hr><p>This temporary strategy will help us to remain flexible in the changing conditions of the network optimizing staking return for nominators who included all validators.</p><p>Currently, <strong><strong>we have ten nodes</strong></strong>, which you can<a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=strategy"> add to your nomination list</a>.</p><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=strategy">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $40 million by over 1500 delegators/nominators across 15+ top-notch networks. We have been present in all Polkadot testnets and have been actively participating on Kusama network since the beginning. P2P Validator invested its own funds in Polkadot in 2017 and intends to support the network in the long term.</p><hr><p><em><em>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking">Telegram chat</a> or contact Alex via [email protected] We are always ready to help and open for communication.</em></em></p><hr><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=strategy"> https://p2p.org</a></p><p><strong><strong>Stake DOT with us:</strong></strong> <a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=strategy">https://p2p.org/polkadot</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram:</strong></strong> <a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Polkadot 3 reasons to stake DOT right now

<p>Transition to NPoS is expected to happen this week. Validator elections and rewards will be activated during this stage. <strong><strong>Is it reasonable to stake at the very beginning or better to wait for exchange listings and activation of token transfers?</strong></strong></p><p>There are more arguments for early staking, than against.</p><h1 id="time-is-rewards"><strong>Time is rewards</strong></h1><p>During NPoS, all nominators will earn staking rewards. <strong><strong>For those who haven't nominated yet, each day will result in a missed opportunity to receive additional interest</strong></strong> on their DOT holdings.</p><p>The period between NPoS and transfer activation is not defined. Some time will be taken to ensure that the network is stable enough before the next steps. After the enablement of decentralized governance, a technical committee and first councils should be elected. It will take at least 14 days. After that, someone will make a runtime upgrade proposal to remove sudo module, voting will take 28 days with an additional 30 days of enactment period before the upgrade.</p><p>If a proposal to enable transfers will be the next one it will also take 28 days to vote for and 30 more days of enactment period. To sum up, <strong><strong>more than 4 months and more than one third of annual DOT rewards can be lost just waiting for the right moment to stake</strong></strong>.</p><h1 id="lower-staked-dot"><strong>Lower staked DOT</strong></h1><p>In the early days of the network the number of staked DOT will start from a lower value and will increase gradually over time as new holders will join staking. Assuming a constant number of validators before network stabilization, the barrier for a node to enter the active set will be lower in the beginning.</p><p>The average annual percentage return for a nominator depends on his share in the validator's total stake. It means that <strong><strong>nominators who stake early obtain a bigger share in the validator pool receiving a higher portion of rewards</strong></strong>. With enabled compounding nominators will be able to retain or even increase their share.</p><p>If Joe has 15,000 DOT and the total stake of a validator is 30,000 DOT, Joe will receive one half of the rewards obtained by this validator node. If the total validator stake is 45,000 DOT Joe will receive only one third. In this example, commission rate is not taken into consideration for illustrative purposes.</p><p>After raising the number of validator slots in the set, the barrier will decrease as well as the average stake among active validators meaning that the nominator's staking returns might increase even more.</p><h1 id="you-shall-not-miss"><strong>You shall not miss</strong></h1><p>Polkadot investors have been waiting more than three years for a return on their initial investment. Some are worried that locking DOT in staking can interfere with a quick reaction when DOT become transferable and appear on exchanges.</p><p>Enablement of transfers will be approved by the community of DOT holders via governance. The proposal will be voted for 28 days and if it is accepted, there will be an enactment period of 30 days before the upgrade. <strong><strong>Tokens of participants who cast a Yay vote will be locked.</strong></strong></p><p>In Polkadot, it is possible to vote without locking DOT in the enactment period, in this case, the weight of a vote will be decreased by 90%. There will be enough time to initiate unbonding for those who wish to fix a portion of DOT holdings as soon as possible. It is much more attractive than refusing three months of additional interest.</p><p>In addition, we will notify nominators about the most important milestones and provide individual assistance in our<a href="https://t.me/P2Pstaking"> Telegram chat</a>.</p><h1 id="staking-in-polkadot-is-simple"><strong>Staking in Polkadot is simple</strong></h1><p>If you lack educational information and can't find guides explaining the required steps, read the detailed guides we have prepared to simplify the process:</p><ol><li><a href="https://economy.p2p.org/create-account-in-polkadot-network/">Create a Polkadot account</a></li><li><a href="https://economy.p2p.org/claim-dot-with-polkadotjs">Claim DOT tokens</a></li><li><a href="https://economy.p2p.org/polkadot-nomination-guide/">Nominate validators</a></li></ol><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=reasons_to_stake">P2P Validator</a> is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities securing more than 40 million of USD value. At the time of publishing, P2P Validator is trusted by over 1000 delegators across 15+ networks.</p><hr><p><em><em>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking">Telegram chat</a> or contact Alexey via [email protected] We are always ready to help and open for communication.</em></em></p><hr><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=reasons_to_stake"> https://p2p.org</a></p><p><strong><strong>Stake DOT with us:</strong></strong> <a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=reasons_to_stake">https://p2p.org/polkadot</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram:</strong></strong> <a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Polkadot Create Account in Polkadot Network

<p><em><em>This guide will walk you through the steps of creating Polkadot account and receiving individual address to <a href="https://economy.p2p.org/claim-dot-with-polkadotjs">claim DOT</a> tokens and <a href="https://economy.p2p.org/polkadot-nomination-guide">start nominating</a>.</em></em></p><p><a href="https://economy.p2p.org/create-account-in-polkadot-network#create-an-account-using-polkadotjs-ui">Create an account using Polkadot.JS UI</a></p><p><a href="https://economy.p2p.org/create-account-in-polkadot-network#create-an-account-using-polkadotjs-browser-extension">Create an account using Polkadot.JS browser extension</a></p><h1 id="create-an-account-using-polkadotjs-ui"><strong>Create an account using PolkadotJS UI</strong></h1><p>Visit <a href="https://polkadot.js.org/apps/#/accounts">Polkadot UI</a>, go to <code>Settings</code> tab and select <code>address prefix</code>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/1-4.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/1-4.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/1-4.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/1-4.png 1600w, https://economy.p2p.org/content/images/2020/09/1-4.png 1899w" sizes="(min-width: 720px) 720px"></figure><p>In a dropdown menu select Polkadot (live).</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/2-7.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/2-7.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/2-7.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/2-7.png 1600w, https://economy.p2p.org/content/images/2020/09/2-7.png 1899w" sizes="(min-width: 720px) 720px"></figure><p>Set the node/endpoint. Choose one hosted by Parity or Web3 as on screenshot below and click <code>Save &amp; Reload</code>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/3-6.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/3-6.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/3-6.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/3-6.png 1600w, https://economy.p2p.org/content/images/2020/09/3-6.png 1901w" sizes="(min-width: 720px) 720px"></figure><p>Go to <code>Account</code> tab and press <code>Add account</code> button. Polkadot mainnet address should start with "1".</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/4-3.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/4-3.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/4-3.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/4-3.png 1600w, https://economy.p2p.org/content/images/2020/09/4-3.png 1906w" sizes="(min-width: 720px) 720px"></figure><p>Complete all the required fields and save all information in a secure place. For future ease add in the name of the account “stash” to identify it easily in the future or add a tag after creation. You will be able to download and store your encrypted keystore locally.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/5-3.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/5-3.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/5-3.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/5-3.png 1600w, https://economy.p2p.org/content/images/2020/09/5-3.png 1902w" sizes="(min-width: 720px) 720px"></figure><p>Press <code>Save</code> and backup your account.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/6-1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/6-1.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/6-1.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/6-1.png 1600w, https://economy.p2p.org/content/images/2020/09/6-1.png 1901w" sizes="(min-width: 720px) 720px"></figure><p>For secure staking you will need to have at least two accounts:</p><p><strong><strong>Stash</strong></strong> - the primary account that holds the funds. The funds can be kept in a cold wallet and all bonded DOT are locked. After unbonding, users must wait for 28 days before they can access the locked funds.</p><p><strong><strong>Controller</strong></strong> - a separate account to control and perform staking commands for stash account, like changing nominations, starting or stopping nominating and so on. It needs to have sufficient funds in DOT to pay for transaction fees when actions are taken.</p><p>Now you have created one account that initially will perform both functions. It will appear in your <code>Accounts</code> tab. <strong><strong>After enablement of token transfers</strong></strong>, it is recommended to create a separate account, send 1 DOT to it and use it as a controller.</p><h1 id="create-an-account-using-polkadotjs-browser-extension"><strong>Create an account using PolkadotJS browser extension</strong></h1><p>As an alternative way of creating Polkadot account you can use Polkadot.JS browser extension. It is available for Chrome and Mozilla users.</p><p>First install the extension:</p><ul><li><a href="https://addons.mozilla.org/en-US/firefox/addon/polkadot-js-extension">Mozilla</a></li><li><a href="https://chrome.google.com/webstore/detail/polkadot%7Bjs%7D-extension/mopnmbcafieddcagagdcbnhejhlodfdd?hl=en">Chrome</a></li></ul><p>You will see the orange logo in the menu bar.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/7-1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/7-1.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/7-1.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/7-1.png 1600w, https://economy.p2p.org/content/images/2020/09/7-1.png 1877w" sizes="(min-width: 720px) 720px"></figure><p>Open the PolkadotJS plugin and press <code>Create New Account</code> or simply press the cross in the middle.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/8-1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/8-1.png 600w, https://economy.p2p.org/content/images/2020/09/8-1.png 800w" sizes="(min-width: 720px) 720px"></figure><p>Write down or copy your seed phrase and go to the next step. If you will try to paste it before finishing the process, extension window will close so you will need to repeat this step.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/9-1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/9-1.png 600w, https://economy.p2p.org/content/images/2020/09/9-1.png 800w" sizes="(min-width: 720px) 720px"></figure><p>Choose the name of account and set a secure password. Press the orange button.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/10.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/10.png 600w, https://economy.p2p.org/content/images/2020/09/10.png 800w" sizes="(min-width: 720px) 720px"></figure><p>You will see the account in the extension menu. Now you can paste a seed phrase if you copied it in a previous step. Now check that address displays as a Polkadot mainnet address that should start from "1". Press a "gear" in the right top corner. In the dropdown menu choose Polkadot (live). Click <code>back</code> and you will see that address will transform. Now you can copy it to save as a plain text.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/11.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/11.png 600w, https://economy.p2p.org/content/images/2020/09/11.png 800w" sizes="(min-width: 720px) 720px"></figure><p>Download a backup JSON by pressing three dots and choosing <code>Export Account</code>. The extension will ask you to enter the password which you specified in a previous step.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/12.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/12.png 600w, https://economy.p2p.org/content/images/2020/09/12.png 800w" sizes="(min-width: 720px) 720px"></figure><p>Now you can visit <a href="https://polkadot.js.org/apps/#/accounts">Polkadot UI</a> and let the extension to add your account. If there was no such intention you can simply press <code>Restore JSON</code> and drug the backup file saved in a previous step. Even if you haven't changed the address format to Polkadot (live) in extension it still can be imported to the <a href="https://polkadot.js.org/apps/#/accounts">Polkadot UI</a> and transformed in a <code>Settings</code> tab.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/13.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/13.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/13.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/13.png 1600w, https://economy.p2p.org/content/images/2020/09/13.png 1899w" sizes="(min-width: 720px) 720px"></figure><p>For secure staking you will need to have at least two accounts:</p><p><strong><strong>Stash</strong></strong> - the primary account that holds the funds. The funds can be kept in a cold wallet and all bonded DOT are locked. After unbonding, users must wait for 28 days before they can access the locked funds.</p><p><strong><strong>Controller</strong></strong> - a separate account to control and perform staking commands for stash account, like changing nominations, starting or stopping nominating and so on. It needs to have sufficient funds in DOT to pay for transaction fees when actions are taken.</p><p>Now you have created one account that initially will perform both functions. It will appear in your <code>Accounts</code> tab. <strong><strong>After enablement of token transfers</strong></strong>, it is recommended to create a separate account, send 1 DOT to it and use it as a controller.</p><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=polkadot_create_account">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $40 million by over 1000 delegators/nominators across 15+ top-notch networks. We have been present in all Polkadot testnets and have been actively participating on Kusama network since the beginning. P2P Validator invested its own funds in Polkadot in 2017 and intends to support the network in the long term.</p><hr><p><em><em>Now you have an account in Polkadot. The next step is to <a href="https://economy.p2p.org/how-to-claim-dot-tokens-with-pokadot-js">claim DOT</a> and <a href="https://economy.p2p.org/how-to-nominate-validators-in-polkadot">start nominating</a>. If you have any questions, join our <a href="https://t.me/P2Pstaking">Telegram chat</a> or contact Alex via [email protected], we will be happy to help.</em></em></p><hr><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=polkadot_create_account"> https://p2p.org</a></p><p><strong><strong>Stake DOT with us:</strong></strong> <a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=polkadot_create_account">https://p2p.org/polkadot</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram:</strong></strong> <a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Polkadot Claim DOT With PolkadotJS

<p><em><em>This guide will walk you through the process of claiming DOT tokens. Make sure that you have <a href="https://economy.p2p.org/create-account-in-polkadot-network">created Polkadot account</a>. After successful claim you can <a href="https://economy.p2p.org/polkadot-nomination-guide">start nominating</a>.</em></em></p><h1 id="claim-your-dot"><strong>Claim your DOT</strong></h1><p>After account registration you need to claim your DOT. Go to the <a href="https://polkadot.js.org/apps/#/claims">claim app</a> on Polkadot UI, select your account and press <code>Continue</code>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/1-3.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/1-3.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/1-3.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/1-3.png 1600w, https://economy.p2p.org/content/images/2020/09/1-3.png 1882w" sizes="(min-width: 720px) 720px"></figure><p>Paste the Ethereum fundraiser address in the field to connect it with Polkadot account and press <code>Continue</code>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/2-5.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/2-5.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/2-5.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/2-5.png 1600w, https://economy.p2p.org/content/images/2020/09/2-5.png 1889w" sizes="(min-width: 720px) 720px"></figure><p>You will need to sign the message in a grey box with the ETH address that has DOT indicator tokens and paste the transaction signature in the empty box below.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/3-5.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/3-5.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/3-5.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/3-5.png 1600w, https://economy.p2p.org/content/images/2020/09/3-5.png 1888w" sizes="(min-width: 720px) 720px"></figure><p>To sign a transaction you can use MyCrypto (MC) or MyEtherWallet (MEW). For increased security, you can run one of the preferred applications on your local computer. Make sure that you have downloaded the latest version for your operating system.</p><p>In MC go to <code>Sign &amp; Verify Message</code>, in MEW go to <code>Message</code> tab. Copy text from the dotted box in the Polkadot claim app you used at the start and paste it into the empty message box in the MC or MEW and click <code>Sign</code>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/4-2.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/4-2.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/4-2.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/4-2.png 1600w, https://economy.p2p.org/content/images/2020/09/4-2.png 1888w" sizes="(min-width: 720px) 720px"></figure><p>After that you will get an output. Copy and paste it into the empty box in the Polkadot claim app and press <code>Confirm claim</code>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/5-2.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/5-2.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/5-2.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/5-2.png 1600w, https://economy.p2p.org/content/images/2020/09/5-2.png 1911w" sizes="(min-width: 720px) 720px"></figure><p>If you have a valid claim you will see a green box with the amount of DOT. Press <code>Claim</code> and then press <code>Submit (no signature)</code> to finish the process. Go to the <code>Account</code> tab and verify that tokens have appeared on the balance of your account.</p><p>Now you are able to take part in staking and nominate, token transfers are prohibited at the moment.</p><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=polkadot_claim">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $40 million by over 1000 delegators/nominators across 15+ top-notch networks. We have been present in all Polkadot testnets and have been actively participating on Kusama network since the beginning. P2P Validator invested its own funds in Polkadot in 2017 and intends to support the network in the long term.</p><hr><p><em><em>Have issues with claiming your DOT? Ask questions in our <a href="https://t.me/P2Pstaking">Telegram chat</a> or contact Alex via [email protected], we will be happy to help.</em></em></p><hr><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=polkadot_claim"> https://p2p.org</a></p><p><strong><strong>Stake DOT with us:</strong></strong> <a href="https://p2p.org/polkadot?utm_source=blog&amp;utm_medium=economy&amp;utm_campaign=polkadot_claim">https://p2p.org/polkadot</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram:</strong></strong> <a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator