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I set up a baker on the Tezos mainnet
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Date: October 22nd, 2018 4:47 PM Author: cerebral nowag sandwich
How smooth was the process of setting up a baker?
I've been curious as to whether Arthur made it straightforward or whether bakers need to do a lot of troubleshooting.
(http://www.autoadmit.com/thread.php?thread_id=4092343&forum_id=7#37073856) |
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Date: October 24th, 2018 4:32 PM Author: Stubborn fiercely-loyal chapel
I'd just like to interject for a moment. What you're referring to as Linux, is in fact, GNU/Linux, or as I've recently taken to calling it, GNU plus Linux. Linux is not an operating system unto itself, but rather another free component of a fully functioning GNU system made useful by the GNU corelibs, shell utilities and vital system components comprising a full OS as defined by POSIX.
Many computer users run a modified version of the GNU system every day, without realizing it. Through a peculiar turn of events, the version of GNU which is widely used today is often called "Linux", and many of its users are not aware that it is basically the GNU system, developed by the GNU Project.
There really is a Linux, and these people are using it, but it is just a part of the system they use. Linux is the kernel: the program in the system that allocates the machine's resources to the other programs that you run. The kernel is an essential part of an operating system, but useless by itself; it can only function in the context of a complete operating system. Linux is normally used in combination with the GNU operating system: the whole system is basically GNU with Linux added, or GNU/Linux. All the so-called "Linux" distributions are really distributions of GNU/Linux.
(http://www.autoadmit.com/thread.php?thread_id=4092343&forum_id=7#37087148) |
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Date: November 1st, 2018 12:41 AM Author: cerebral nowag sandwich
Each tezzie gets to participate in the selection of a validator node because Tezos is LPoS.
That means that we vote for Postra to put Postra in the position of getting to either take transactions on the Tezos network and publish them in an official block, or to endorse such a block as being properly calculated and made of valid transactions. Postra gets paid by the Tezos protocol for either, and he has committed to distribute 95% of his payments to those who have delegated to him.
In the Tezos protocol delegators are not punished for the bad acts or inactions of delegatees/nodes, so the delegators can never be directly punished for node misdeeds. (Except by opportunity cost, but you're already bearing opportunity cost if you haven't delegated to anyone yet.)
(http://www.autoadmit.com/thread.php?thread_id=4092343&forum_id=7#37136357) |
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