SBC Validator Requirements & Responsibilities
Staking is not yet available for the SBC. We will provide additional details about the process shortly.
Before getting started, it is important to have an understanding of your responsibilities as a validator. As an ETH2-mirrored environment with lower stakes, validating on the SBC involves many of the same responsibilities as validating on ETH2. Educating and familiarizing yourself with the Eth2 Launchpad Advisories is a good way to get up to speed quickly.
On SBC you can validate blocks with a more reasonable staking amount, providing security and receiving rewards (or penalties) as you would with Eth2. Primary points to consider:
  • The validator deposit is a non-reversible, one-way transaction. Withdrawal will not be possible until the xDai merge occurs.
  • You are responsible for your node, including ensuring uptime, correct behavior, and monitoring. If your node is not responding properly, or is displaying dishonest behavior (like running keys on 2 nodes at the same time), you will be penalized in the form of deposit slashing.
  • You are responsible for your keys (deriving and storing your keys and mnemonic securely). If you lose, or your keys are compromised, there is no recourse to recover your funds.
  • You provide decentralization and security for the network. You are vital to the proper functioning of SBC.
If you are ready to proceed, please see the technical prerequisites which include hardware requirements to get started.
Last modified 1mo ago
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