1. Overview of Nexi Chain
- Chain Type: Delegated Proof of Stake (DPoS)
Nexi chain operates on a Delegated Proof of Stake (DPoS) mechanism, where validators are elected to produce and validate blocks. Validators need to hold a minimum amount of Polygon’s native tokens (POL) to participate in the network as a validator.
Software Requirements:
- Operating System: Linux-based OS (e.g., Ubuntu 20.04 or later)
- Dependencies: Docker, Git, and other dependencies as specified by Nexi’s documentation
Validator Software:
- Client Software: Obtain the Nexi node software from Nexi’s official website or a trusted source.
- Configuration: Configuration files will need to be set up, including network parameters and validator settings.
Token Requirements:
- Polygon Tokens (POL): Validators must hold a specified minimum amount of POL tokens.
3. Setting Up a Validator Node
Step 1: Prepare Your Environment
- Update Your OS:
- Ensure your Linux system is up-to-date:
sudo apt update && sudo apt upgrade
- Ensure your Linux system is up-to-date:
- Install Dependencies:
- Install Docker:
sudo apt install docker.io
- Install Git:
sudo apt install git
- Install Docker:
Step 2: Obtain Nexi Node Software
- Download Nexi Node Software:
- Visit the official Nexi website or contact Nexi’s support team to download the latest version of the Nexi node software.
- Install the Software:
- Follow the installation instructions provided with the software. This usually involves extracting the downloaded files and running installation scripts.
Step 3: Configure Your Node
- Edit Configuration Files:
- Modify the configuration files to set up your validator node. This will include details such as your node’s identity, voting keys, and network connection settings.
- Initialize the Node:
- Run initialization commands as per the documentation provided with the software to set up your node for first-time use.
Step 4: Register as a Validator
- Obtain POL Tokens:
- Acquire the required amount of POL tokens from exchanges or other sources.
- Create a Validator Account:
- Use the tools or interfaces provided by Nexi to create a validator account. Ensure your account is funded with the necessary POL tokens.
- Submit Validator Registration:
- Follow Nexi’s process for registering as a validator. This typically involves broadcasting a transaction to register your node on the network.
- Stake POL Tokens:
- Delegate or stake the required amount of POL tokens to activate and operate your validator node.
- Delegate or stake the required amount of POL tokens to activate and operate your validator node.
4. Running and Monitoring Your Node
Start Your Node:
- Use the command provided in the Nexi node software documentation to start your validator node. This might involve using Docker commands or specific scripts.
Monitor Node Performance:
- Regularly check your node’s logs and performance metrics. Utilize any available monitoring tools or dashboards.
Maintain Node Security:
- Ensure your node’s security by keeping software updated, managing access controls, and implementing firewalls and intrusion detection systems.
Participate in Governance:
Engage in network governance by participating in votes and proposals. Contribute to the decision-making process and ensure network stability.