Solana validators ranking reddit

Share. The fees are, for a limited time, 0%. Anyway, validators slots are skipped most of the time for reasons beyond the validator's control: network latency, lost packets, etc. View community ranking In the Top 1% of largest communities on Reddit. 3. The number of validators is growing quickly, and users are delegating to more smaller validators. After reddit rallied the solana dev forums against this proposal, the validators have started Hey Solana Fam, I’m relatively new to the community, but I’ve been blown away by Solana’s potential and its cutting-edge blockchain tech. Another factor to consider is that concentrating stake in the highest staked validators is bad for the network - it makes it more centralized and reduces its security. View community ranking In the Top 1% of largest communities on Reddit How many validators are securing the network Binance smart chain is able to offer lower fees than ethereum because its basically a centralized system with a few validators. 09. I absolutely agree with this. Welcome to the official Solana subreddit. 164K subscribers in the solana community. Now you will see a list of the past 5 epochs and the APR paid out to a stake account staked to Everstake for those epochs. finance . psychok9 • 1 yr. io, the 1st-20th validators may can halt networks, so we must delegate other than top 1st-20th to improve decentralization. Solana has around 3,000 validator nodes spread across many continents. Click on any delegator account. The numbers obviously fluctuate based on the price Node version: Distribution of software update types across all Solana Validators. Exodus is a great app. Hi, I run a Solana validator and was active in the restart that took place on 2021. The costs of running a validator are mostly in voting, however (about 0. So they all have their incentives properly lined up for security and performance and at that number of validators, it would be virtually impossible to influence the network. A validator would need $1 million worth of SOL staked without Solana's subsidization program to just break even. Your identity key is the one that needs to have funds to pay for voting fees. Becoming a Solana Node Validator . the market is volatile, just like all other investments, you always have to monitor your own assets yourself. The tables below show each validator by name and include some recent statistics for each. Stake pools (marinade, socean, etc) are helping with this spread to a more diverse set of validators. A warning to all those who hold/stake Solana in the Exodus wallet…. Solana Validators Delinquent. They do everything a validator does except vote on the validity of blocks. But I charge 8% commission. 1 transaction on Solana costs 0. Everstake has the most stake of any validator on Solana and was also quite slow to restart compared to u/Cogent_Crypto is worthy of a shoutout, awesome community validator. Yes, Algo can (in theory in future) scale to 45k tps. 10 = 400 SOL annually at 10% commission. They're running it to help their project/themselves, not to be a great deal for stakers. 25, 2023, Solana Labs engineers notified validators that v1. There is actually a separate spreadsheet I made for that, which includes values more relevant for the foundation program. The stakeview. app, stakeview. There's a healthy discussion about validators in the main solana discord, as well as in marinade. An RPC Node is a non-voting validator. 8 sol a day for vote transaction fees. According to SolanaBeach. There are about 1000 of them. Choose the one with low commission and higher APY. Hi there, I'm a new to Solana and am interested like to know how Solana validators earn their revenue with the very low fees in the Solana network with the fee burn ? The hardware to run a node is quite expensive and as far as I know, Solana validators are subsidized by VCs or Solana foundation to keep the nodes running. That is concerning. I will also share some of my previous experience in operating the Solana validator. It’s steep. A 5 million stake validator uses around 600 Mbit outbound, all the time, without ever stopping. StakeWiz. It ranks every validator by the exact returns that it is paying out over the previous epoch, avg of previous 3 epochs, avg of previous 10 epochs, and average going back to epoch 170 (about 28 epochs ago). The website says, "We recommend that you spread your stake across several validators in order to best secure your returns and also to strengthen the Solana network. All Validators: Gives you a proper view on validators' performance across the. Would recommend using Phantom/Solflare wallet instead and choosing your own validator/s. no, closer to 0 (-2 is bigger than -10, and -2 is better) is better. Staking. I'm pretty sure it's the same for Solana and all the other coins they offer staking for. 00025. This means any validator with less Solana currently has a bit over 300 validators. Yes. https 1. 2. Average_epoch_duration is an average in seconds, based on last 6 epochs. Sol can scale to 713k tps, zil and one can scale to infinity and monero already has theoretically infinite tps. As the network and priority fees increase on Solana, the validators have decided it's a good time to reward themselves by doubling their revenue by shifting 50% priority burn fee to themselves at the cost of higher inflation for every solana user. ROD of the validator is calculated as follows: ( (1 + rewards_percent) ^ number_of_epochs_per_year) - 1. If you want to earn solana you Will have to be a validator. Validators are the hidden stars of the Solana Blockchain. rpc node) and offer others access to it. Those of us that have looked into the various layer 1's already know it's the superior layer 1 for smart contractslet's all stake and make it even more decentralised and stronger. The fact they are staked with that validator doesn’t denote any actual relationship aside from a one-way trust the staker has that the validator will perform their network Each Solana validator including the leader computes about 2 million hashes per second sequentially. Solana Staking Guide Part 2: Advanced Staking Strategies. This is a place to post any information, news, or questions about the Solana blockchain. io. 5k tps is votes not counted here). There is nothing wrong with choosing a small validator, you can refer to the ranking to choose, at least the top 100 is no problem, validator downtime is considered a rare thing, it wouldn't liquidate your sol. If you are on the Solana Delegation program the Solana foundation will stake your validator. It includes the expected bonus delegation amount: Check out how marinade. That may change to some degree in the future, but for now, it's the way things are. mSOL is staked to over 400 validators below the halt line, which should improve the superminority over time. At this time, the validator with the lowest fees that has proper infrastructure, including hardware protected keys, is https://FreshATOMS. . If Solana can take market share similar to ETH, this is easily a $2K coin in 3-5 years. Solana is a distributed network ,which means a group of computers called nodes. Click on Everstake. who power Solana. And can keep going for long term. laine_sa. Solana staking reward frequency You can find the complete list of Solana validators here. 1,000 Solana validators go offline as Hetzner blocks server access. Meet the. To cover the cost of running a validator, you need people to stake around 45,000 SOL (~$1,500,000) on your validator. Both sites can give you a ton of information about different validators. so the average of revenue for Validator node. Solana validators revenue. They have 2,6GHz base frequency, 3,5 Turbo Max, 12 core / 24 thread x2 CPU (Total 24 core and 48 thread for server). The Solana Foundation also temporarily covers voting costs for qualified validators. Reply. 16, a proposed update to the Solana Labs validator client, would soon be available for mainnet-beta. io shows the 'block production rate' (which is 1 minus the block skip rate) and calls it 'slot success rate'. So, I plan to switch it to different validators, any recommendation on this? there's NO best validator, take a look at stakewiz, the ranking is changing and shuffling everyday, so today's best may mean nothing very soon. It is recommended that you use a smaller validator to stake, which helps solana to decentralize. They handle all the transactions that happen on the Solana network They validate the transaction using a consensus mechanism and are hence called validators. Monitor, monitor and monitor. I think it's important for stakers to evaluate their validator based on performance during this start-up. Solana Crash Validator Start-Up Timeline. Vote account: the account that the validator votes with. Liquid stake pools allow you to move in and out of the pool without warm-up or cool-down periods. I’d highly recommend visiting the Solana discord. It's a very tough time to start a validator right now with the price of SOL being so high as to make voting costs very prohibitive. That shouldn’t discourage you from using them, but make sure to keep an eye on them. Go to the validators panel. 05 = 200 SOL annually at 5% commission. 1 SOL per day to vote ($8000 a month in costs at current price). They usually exist to serve a specific dapp or service, e. 15 votes, 24 comments. How much does it cost? How much do Validators make? Where do the earnings come from? How to get set up? And more Solana Staking Guide Part 1. The largest two validators on solana (everstake and chorus one) have about 15million Sol staked through various staking accounts which is equivalent to ~24k 32 eth validators (deposits) just based on current Sol and Eth prices. See the links below to learn more about liquid staking. 300 independent validators would be pretty secure IMO, but my guess is, that many of these are not independent. app shows the block skip rate for every validator. TPS and fees are next level! However, like many of you, I’ve hit a roadblock… the cost of setting up a validator. org), which spreads your SOL across 100+ high-quality validators to increase decentralization on Solana! Solana validators have voted in favor of a proposal allowing them to receive 100% of the transaction priority fees, enhancing network security and efficiency. Marinade’s Solana Validator Spotlight series continues with Cogent Crypto. 44 votes, 15 comments. Activating Stake: 0. Generally supporting small validators is good, I'd just add the caveat that very very small validators (sub 10k SOL if you want an arbitrary threshold) has a little risk as they're losing money so you can't be sure if they'll stick around. Web-scale blockchain with speeds of 50k TPS. These attacks involve placing a buy order before and a sell order after a victim's transaction to inflate prices temporarily and Both solflare and phantom are good, easy to operate, and different validators can be selected, which helps solana decentralize. Someone asked on the Solana Discord about starting a South American validator, I think in Argentina. Solana's network interruption this time also fully confirms this. It's better in basically every way. Explore the Solana blockchain: statistics, validators, token metrics and news about the overall ecosystem artica_james. Related Topics View community ranking In the Top 1% of largest communities on Reddit Replacement for solanabeach and validators metrics. 14. Alphapro is currently 0 Choose the liquid staking option that actually helps Solana become more decentralized, which is Marinade. app. Validators weight is proportional to the active_stake of the accounts. See the best Solana Validators to stake with in terms of their APY. You can now improve the security of the Solana blockchain by participating in Stake Pools . From my memory in summer last year when I started getting into Solana, this number was 17 or 18, and there were ~1000 or less total validators. That being said, the validator isn’t paying the staker the rewards, the network is. Your delegations keep this website running! Getting Started Choosing the right validator Our Scoring System FAQ Nov 16, 2020 · Depending on the commission the validator charges, it could earn. Are these sequence of hashes same for every… 0. Indeed, this "if you want to be a validator, get viral or go home" has been the plague of DPOS since its inception. 1 billion $ in 1 month because 1 transaction costs 4$ in average It's almost 600 now and Solana validators are alot more heavyweight and invested in the system than validators on blockchains with thousands/tens of thousands. 2690 v3. You definitely need nvme drives though. A node can house multiple "validators" which are the 32 eth stake accounts. After 5–6 weeks of research and analysis, Jonny launched the Solana Compass validator in mid-October and by the end of the first epoch began getting stake. Validators explorer. The nakamoto coefficient of #Solana mainnet beta, also called the superminority, is 19 🚀 1,560 Validators 1,358 RPC Nodes…. Because of this you have a a disincentive to make multiple validators. How much do you guys make. ZantetsuLastBlade2 • 2 yr. Related Topics ZantetsuLastBlade2 • 2 yr. Hi guys, Go to solanabeach. solanabeach. finance spreads the stake around. app and the integrated metrics to monitor your validator. Sorry but it is true. I hope to discuss the construction and optimization of Solana validator with you on Reddit. Recommended validators in SolanaBeach. ago. Deactivating Stake: 0. May 18, 2022 · token swaps and prices. •. 9 SOL per day or so, or about $60,000 per year at current prices). I do not think it is a good business for me. I am on the Overclock validator team. The Solana burn has been reduced by about 90% with this How to Become a Validator. finance because the docs specifically stated they would Do not use Exodus (they use the everstake validator which already has the 2nd most amount of stake in the Solana network so delegating to them hurts decentralization ). Moderator Announcement Read More ». 25% of the very best (represented by values like -0. 34,598,171,936 * 0. The transaction fees is given to the validators. Like an exchange or any project that wants an extra guarantee that their transactions are making it to the leader. It is possible that you do not understand all the information you are reading, but just the fact that they publish information on their infrastructure is a good sign. These are some information I have compiled, I hope it will be helpful to you list of Validators： There is nothing the validator could do to stop someone from staking with them. A reddit user said that with a GPU included, he was into his validator build about $5000. g. 1500+ Validators On Solana. Inbound is always around 80 - 100 Mbps, it doesn't change that much with stake. Validator B (which you're looking at) has 48,000 epoch_credits. Yet in the same period it would need to pay 134*3 = 402 SOL to the network to be eligible to vote. Last year, I delegate all my SOL to Everstake, which is now 1st ranking, my bad. The Solana Foundation has permanently banned several validators from its delegation program due to their involvement in "sandwich attacks," a type of front-running exploit that manipulates asset prices for profit. Automated slashing, if and when it is ever implemented, will probably be some on-chain program that is set up to evaluate a 'slash proof' in the form of e. Leveraging Defi to Super Charge Your Gains Welcome to the official Solana subreddit. Then choose the validator to stake, try to choose 0 commission, and the overall ranking below 30，APY at 7%-8% These are some information I have compiled, I hope it will be helpful to you to choose Solana is a fast, secure, and censorship resistant blockchain providing the open infrastructure required for global adoption. I have been studying Solana validator for more than half a year. Algorand is fast, yes, 3k tps is enough for 2021 (remember most of sols 2. Sounds like you are coming from shitcoins and just expecting to be paid by just holding a token. The Solana ecosystem is developing very fast, and I believe that communication can make everyone progress There's no minimum, except what you pay to vote. It has a nakamoto coefficient of ~30-35, which beats most layer-1 and layer-2 smart contract platforms. Get a good return, and use a few validators. app) and Apy (stakeview. It appears they didn't follow through. 7LayerMagikCookieBar. It also has 2 separate validator clients, which reduces its risk of failure and exploitation. Current market cap of ETH ~ $500 Billion. You could get over 100,000 SOL delegated to you if your validator meets the requirements. laine_sa Moderator • 1 yr. Any revenue it can generate will be used to offset the cost of running it. 24% on validators. Hey there, it's really great you're making an effort to pick good validators, I commend you on that! If you're interested in staking in an easy way that's most beneficial for the network, I would suggest taking a look at liquid stake pools such as the one I run, BlazeStake (stake. Check Validator Performance. Support decentralization by asking Exodus to support multiple validators! Exodus is currently only using Everstake as their validator on Solana. My validator does very well with votes and is consistently within about 0. View community ranking In the Top 5% of largest communities on Reddit. Feb 29, 2024 · This is how most validators get their start. Solana Validators on phantom are over 8% right now. Validator nodes. As we've seen with Bitcoin pools and Ethereum validators, there's always a lot of centralization going on. General tips & tricks. It needs to be decentralized. com is good place to check for validators though, usually advised to pick one outside of the Superminority to help with decentralization. com. Identity: Name of the. Validator A is the best validator this epoch and right now has 50,000 epoch_credits. You can browse individual validator statistics and also compare stake pools on Solana. SOL is Solana’s native cryptocurrency, which works as a utility token. app, and reading their websites, and hey even reaching out and asking them questions if you want to!) and once you know where you want to validate, just type the name into the search bar to find Welcome to the official Solana subreddit. a min commission % that increases with the amount of stake validators have -- example would be a 100k staked validator could charge a min commission of 0. tubezleb • 2 yr. A stake pool spreads your delegation across hundreds of validators. 1 sol per day in voting costs, in a POS network you need to have a large enough stake to be selected to produce blocks. Solana Foundation Delegation Program: The Solana Foundation also helps new validators by delegating some of its tokens to them. The second section goes in-depth about the validator sets, and their current status across the board. Validator here: The biggest cost to running a validator is by far the overhead cost of roughly . • 7 mo. validators. e. We hope you will choose Shinobi Systems for a portion of your staking needs. This comes after numerous audits and the work of volunteer adopters, who were able to identify and help engineers correct earlier issues (learn more below). Cluster Infomation: Epoch time remaining: 2 days, 12 hours, 0 minutes. 1. solblaze. The Solana base fee averages around 10% of the fees, with 50% to validators and 50% burnt. Is there another protocol with the type of information of solanabeach other than Solscan and other explorers? View community ranking In the Top 1% of largest communities on Reddit Validators Are Back Online The system went down due to a NFT mint where, once again, bots spammed and crashed it all due to the transactions. If you appreciate this website, please delegate to Block Logic . You need to understand that the concept centralized-decentralize is being stretch to fit certain points of view. You’ll need at the very least 200k sol (@ $177 per sol that’s about $35. View the current list of validators, their ranking by stake amount, and information about commission below. The Solana priority fee averages around 90% of the fees and now 100% will go to the validators; instead of the current 50% to validators and 50% burn. Starting up after a network cluster outage (although View community ranking In the Top 1% of largest communities on Reddit. E. Hello solana validators, I want to be a solana validator, but i don't understand how solana validators make money. If you want you can stake with us, our validator name is SolCaputre Validator. Find the best validator to stake your SOL with The top Solana validators ranked by performance, staking rewards and decentralization Stake Pools. However if you stake your Solana on Exodus, there are 4 reasons why you should destake and move your crypto to one of the many other wallets where you can choose a validator to stake with and Some people run validators because they need to. How staking on Solana works and how to make risk free gains. Go down to the 'transactions' drop-down and select "Stake Rewards". I remember seeing Kraken exchange in the list of Validators for Cosmos but their staking rewards are 0% if you delated directly towards them through your own wallet. 00025 $, how can you guys make money with it. 4M stake to even be competitive) Web-scale blockchain with speeds of 50k TPS. Where number_of_epochs_per_year is calculated as follows: seconds_in_year / average_epoch_duration. It’s simple, cheap fees, large transaction count per second is what’s needed for real world use cases and Solana provides it. • 2 yr. app ranks validator's performance. The network burns SOL as part of its deflationary Millions is some way off. On Sept. I ended up going all in with marinade. Users need SOL to pay transaction fees when making transfers or interacting with smart contracts. Except that its list for validator selection is a bit impoverished so I recommend researching your validators using external sources (validators. io and stakeview. Use validators. This subreddit is operated by the Solana Foundation. Solana will now be almost the complete opposite. This is a place to post any information… Kraken has actual validator nodes. This change, detailed in the SIMD-0096, garnered 77% approval from the community. Previously, these fees were split, with half burned and half allocated to validators. Also, validators will use 0% commissions usually to raise capital, meaning they will likely raise at some point. The issue with Exodus is that they only use 1 validator to stake with (Everstake) who are currently the 7th largest node by stake weight (in the superminority) and therefore not great for decentralization of the network. You can clearly see the ranking and APY on solanabeach. You also dont earn btc by holding it. " Ultimately, stay away from the big validators. Here are validator metrics (validators. You need an identity and a vote account to run a validator, use solana-keygen grind to get a custom beginning phrase on your key. Most people are not qualified to run a Solana validator. 5. Solana has the first part of the puzzle, in the fact that multiplying the number of validators will not make the network grind to a halt as it does in other consensus algorithms (because of its technical fundamentals, which are great), but still, this profitability issue is a pain. One of the main arguments about Solana is that it has too much centralization at the top. If you want to cover the costs yourself, you need to (conservatively) stake at least 4500 SOL (~$150,000) on your own validator. However, there are plenty of other validators with lower commissions (use the stakeview. Voting fees are about 1 SOL per day that's the main cost. Delegate to smaller validators (by amount of stake) to help them and also decentralization. It is a high performance network that requires expertise to run and validators are actively adding value by making nodes run better and better through their expertise. After reddit rallied the solana dev forums against this proposal, the validators have started The Solana Validator Leaderboard. View the delegation status of participating validators in the program here. app) I would like to see things implemented that financially incentivize moving stake from larger validators more --- i. The top account (AD8Q) is a good choice. 14 hours ago · Meet the validators who power Solana. 08 = 320 SOL annually at 8 % commission. A view of Solana Compass’ Top Validators by Performance dashboard. Looks good and can hold many cryptos. exchanges run their own RPC nodes. the best approach is to keep an eye on the validators you staked / going to stake. You can run a non-voting validator (i. ADMIN MOD. Chorus One is the top validator for LIDO. Solana dont make any Money. app). 1% and a 15 million validator at 15%. 1,112. That is true. You also have a cost of up to 1. Award. 4000 * . For instant, any pow blockclain is the gold standard in transaction finality which means that to undo a transaction in let's say btc a ton of energy and a ton of computer power is needed, by that very nature transaction cost and price rise with the increase of hash power, leaving Not only is it like 1. awards View community ranking In the Top 1% of largest communities on Reddit. two votes signed by a validator that prove that the validator violated certain voting rules, or two blocks signed by the same leader for the same slot. Together they make up a growing network of 1,500-plus nodes around the world that validate block after block and ensure the security and censorship resistance of over 60,000 transactions per second. 00025 / 1,112 = 7778. g eth validators made 1. For details on the specific requirements to receive a delegation, review the delegation criteria. Solana is ~$50 Billion. py jj hv eh yf uv no hn gt mu