KardiaChain Proposer Validator Selection Process
KardiaChain has an open Validator candidate selection which encourages KAI holders to register to be a Validator. Once registered, their status can be viewed at KardiaChain Explorer Candidates list at https://explorer.kardiachain.io/staking. The selection process is as follow:
- Candidate registration application requires 25,000 KAI deposit.
- Candidate can withdraw application and retrieve the deposited KAI.
- Candidates who meet minimum requirements total of 5M delegated KAI will be promoted to Validators.
- Top 20 Validators with the most voting power will get selected as Proposer-Validators.
- Proposer-Validators will be responsible for securing the network, ability to validate new blocks and earn reward for performing the duty.
- The Validators that don’t make the list, will be part of the secure network but are not able to earn reward.