☑️Solchat Validator
Last updated
Last updated
A Solana validator is a server that helps operate the Solana blockchain by verifying transactions, securing the network, and processing new blocks. Validators ensure the accuracy of the ledger and contribute to the network's consensus by staking SOL, Solana's native cryptocurrency. They play a key role in maintaining the security and decentralization of the system. Validators can earn rewards for their participation, but they also risk losing their stake if they act dishonestly. This creates a strong incentive for them to operate in the best interest of the network.
The purpose of the Validator for Solchat holders is to generate revenue since there is no direct revenue sharing for staking. We are using Solchat validators as a public validator with only 2% commission, which is a good rate for staking SOL and helping to secure the network. The 2% commission revenue will be used to provide staking rewards.
We have successfully tested our validator on the testnet and have now moved it to the mainnet.
Due to limited SOL staked, we are currently unable to vote.
Since this is a mainnet validator, please be patient if we encounter issues such as IO throughput, server downtime, or reboots.
Initially, the community selected Latitude for validator hardware, but due to KYC issues, we chose Contabo instead.
For the first month, we will run the validator on mainnet and monitor for any issues.
After this testing period, we will add our validator details to public validator directories
| Provider | Contabo |
|---|---|
Solchat Validator Identity
Since this is still a test phase for Mainnet Validator , this validator will frequently restart because we might add RAM, SSD etc
Solchat Validator Vote
Solchat Commision 2% tx
Step 1: Install Solana CLI. Step 2: Create a key for the stake account:
Step 3: Search for the validator:
Step 4: Delegate your stake:
Step 5: Monitor the stake:
Output Sample:
Step 6: Deactivate your stake:
Step 7: Withdraw your stake:
Since this is a new validator, we need to stabilize for listings. After being listed in validator directories,we might receive users to stake SOL on our validator, and the 2% commission will be used for staking rewards. In the meantime, as a community, you can help grow our user base by using chats, global chat, streaming, and sharing on X (formerly Twitter). Invite others, make posts, and write blogs to spread the word. Thank you for your support
CPU
AMD
Cores
16 x 2.80 GHz
Storage
1TB NVMe SSD
Speed
1 Gbit/s
RAM
256GB
AVX512f
Supported
Location
EU
IP address
209.145.60.177
