By default you are going to have to specify the entire safecoin path when running safecoin commands as such:
~/Safecoin/target/release/safecoin validatorsIt can be arduous to do this every time, so as a short cut, I add a symbolic link to the local bin folder:
sudo ln -sf ~/Safecoin/target/release/safecoin /usr/local/bin/safecoinNow, to run any safecoin command it’s as simple as:
safecoin validatorsThis is all down to personal preference but it is something I find convenient.
Every validator has the potential to earn a portion of the staking rewards in return for operational service.
By default, for a new validator, the commission rate is set to 100%.
This would result in all staking rewards being deposited to the validator vote account and no increase in the delegated stake size.
Set the commission on your validator as follows
# set the commission rate to 10%
~/Safecoin/target/release/safecoin vote-update-commission ~/ledger/validator-vote-account.json 10 ~/ledger/validator-identity.jsonYou can change the validator commission levels at any time.
For your new SafeCoin Validator you will need a VPS or Dedicated Server that is running Ubuntu 20.04.
Minimum Specification
The storage requirement differs according to your intention to run either a Pruned Node (contains a partial segment of the ledger) or a Full History Node which contains a copy of the entire ledger.
Pruned Node
Full History Node
Ready to install? Proceed to Installation Guide