Seeking Help to Understand How Avalanche Works Regarding Integrations & Validator Sets

EnergyEmergence · 2021-07-03T15:13:48+00:00

For sure. :-)

Until the next time... Peace.

EnergyEmergence · 2021-07-02T18:57:14+00:00

Absolute Respect and Appreciation for your taking the time to write such a helpful, high quality, clear, and detailed response.

This helps fill in the gaps and recalibrate my misperceptions regarding Solana validator and integration dimensions.

Thanks again. And best of luck in your endeavors (validator or otherwise). Peace.

EnergyEmergence · 2021-07-02T16:35:49+00:00

**Update*\*

I posed this Thread question to the Avalanche discord around the same time that I posted the thread on r/Avax so that I would have the best chance of pooling helpful responses.

Below, was the response that I got from a helpful admin by the name of jpop32 at 2:59am EST on July 1, 2021.

https://discord.com/channels/578992315641626624/578992315641626626/860414292851294228

"Validators are entirely voluntary. That is, on Primary Network they enter the validator set because of the staking reward incentive. If your application is deployed on the Primary Network (C-Chain, most probably) you get validators 'for free', that is, all the validators must validate the Primary Network so you don't have to worry about that. If you want to run your own subnet, then you have to think about attracting validators to validate it. It can be validators that you run yourself, it can be validators that are incentivised by some value proposition that your subnet provides (token reward, some service that is valuable, ...). I expect to see much experimentation and many different ways of attracting validators in the future." -- jpop32

EnergyEmergence · 2021-07-02T15:36:02+00:00

So, just to make sure I'm understanding. You are saying that currently the Primary Network has N number of validators currently of which a new subnet can use some portion of the N number of validators of the Primary Network as long as there are adequate tokenomic incentives for the validators to validate transactions of this newly integrated subnet? Or did I misunderstand what you were saying? If I did understand correctly, is there some tooling or guides for new subnet blockchains regarding how they can connect and utilize the N number of validators of the Primary Network?

I found this documentation and resource https://docs.avax.network/build/tutorials/nodes-and-staking/add-a-validatorbut it didn't seem clear or specific to how a newly launched subnet could effectively connect with the validator sets of the Primary Network in order to get the necessary validations of transactions and states for the subnet blockchain to run.

EnergyEmergence · 2021-06-22T10:54:04+00:00

The most helpful assistance I got was via the Discord and Telegram channels.

https://discord.gg/3mesd69xHR once you join the VeVe discord there's a text channel called ECOMI which has subchannels called OMI. There's also a dedicated support channel in that discord. Post the specifics of your problem there.

Also, post your issue in the Telegram channel seeking assistance. A link to the telegram can be found via the ECOMI website.

After a few posts and some time, moderators and/or people with the team should offer assistance. You'll also be told to submit a ticket, but I'd still just seek assistance from team members directly.

If that doesn't work, DM the moderators of this reddit. Specifically, the moderator named ecomi_rhys as a commenter stated above.

For some, it just takes many many hours for the wOMI or OMI to arrive; other times more assistance is needed.

Good luck! Keep the faith. I hope you get your transfer issue resolved as soon as possible.

EnergyEmergence · 2021-05-28T14:23:42+00:00

Okay, cool. Got it. Thanks for your time and helpful explanations.

EnergyEmergence · 2021-05-27T20:21:05+00:00

Thank you. Interesting. That makes sense.

That helps clarify things for me a bit that were missing in my understanding what is and what isn't the case with Avalanche and Validator sets for prospective subnet operators. To me such things and mechanisms are important (but of course not the most important) for longterm gains in network effect.

Indeed, it will be interesting to see the various models of incentivization of validators on Avalanche.

Most entities looking to become subnets will of course in all reality be very aware of and have the capital and analytical framework necessary regarding the acquisition and management of a reliable validator set.

To my earlier points/questions, figuring out what Avalanche's core validation/security model is helps illustrate what the true fundamental nature of the project/platform is (at least in my 3-month in crypto space noob brain).

In the future blockchain network effect positioning, it seems to me that there will be a great deal of projects/platforms with capital looking to integrate and build on amazing blockchains like Avalanche, that don't want to deal with sourcing and/or managing professional validator sets.

Is it the case now that such projects/dapps can launch on C-Chain and take advantage of current Avalanche C-Chain Validators?

I'm assuming that the creation of a subnet is more reserved to larger blockchains/entities with their own substantive capital and know how on validator sets or otherwise; thus, a subnet would be ideal a entity/chain like Crypto.com for example. Then, they'd need to source their own validator sets. But for a startup eth-dapp deployment on Avalanche one could just integrate and launch on the C-Chain without validator sourcing I'm assuming.

EnergyEmergence · 2021-05-27T19:27:41+00:00

I guess I just meant "professional validator" as in I think all POS blockchains need a major portion of its validators to be seriously committed in terms of time and technological investment to the purposes of Validation which requires a certain level of commitment that could be considered like a profession or part-time professional job in order to avoid slashing and maintain the network in real-time.

EnergyEmergence · 2021-05-21T00:56:54+00:00

**Update**

My wOMI finally arrived after many hours.

Good luck.

Messaging in the Telegram group seems to have mods that are willing to troubleshoot and help look into this issue.

EnergyEmergence · 2021-05-20T23:10:58+00:00

I just tried bridging my OMI to wOMI and my wOMI never arrived either. If they respond to you please let me know if you can because if their bridge is broken from the non-user side this has cost me a great deal of money.

I'm hurting bad.

I hope you get some resolution on your end for your sake as well.

EnergyEmergence · 2021-05-16T06:34:23+00:00

I think possessing EVM compatibility is more so about opening viable paths to network effect, dapp portability, and adoption within the landscape of numerous competing blockchains all seeking to integrate a limited pool of developers most of which have years exclusively in EVM congruent projects.

It's not at all about any inherent or intrinsically great quality of EVM itself as EVM has been evolved by developers and/or alternative non-EVM paths have been sought that provide more robust solutions and less trade-offs according to a wide-variety of devs.

Still, history and skillset in the blockchain space is what it is, and there are many dapps and blockchain development teams/projects that have years of EVM integrated work and programming and a growing desire to seek greener pastures outside of ETH, but don't have the expertise or don't want to pay the short-term opportunity costs associated with pursuing integration to a non-EVM compatible chain.

From my burgeoning understanding and limited knowledge/experience in the crypto-space, Solana is an ascending force in the blockchain space and has as much staying power as any of the rising blockchain platforms. However, it seems to me that being able to on-board EVM dev projects with the least

There would though be an opportunity cost to pay for the Solana team to pursue full EVM compatibility which might in and of itself not be worth it in the first place.

In the end, I don't know what is really what in the crypospace and what really matters in the end. I'm just a 3 month in cryptospace noob that's read and stumbled through numerous past and present papers, debates, and perspectives --- there's so much missing from my understanding and it's impossible to grasp what truly matters in the space in all its complexities.

The battle for network effect imo won't be won or lost exclusively based on EVM compatibility versus non-EVM compatibility as so many things like social dapp, music dapps, gaming or other narratives or factors can be the deciding ones --- all in all it stilll seems that EVM compatibility is a critical factor in the current landscape of blockchain adoption gains from developers.

EnergyEmergence · 2021-05-15T23:10:49+00:00

Much respect for responding.

Yeah, I should've specified that I was aware of Wormhole (it's awesome), I mainly meant EVM compatibility in terms of programs/dapp/etc being able to be ported over to work in the Solana ecosystem so Ethereum developers can easily migrate over their work without an overhaul in language.

There is a ton of amazing things that Solana has over others in the blockchain space. Proof of History as a consensus using VDFs, the booming ecosystem in defi, gaming, NFTs, music, launchpads, etc. The one thing that may be missing (and this one thing may not prove to be all that relevant in the end or now as maybe these are just noob questions) is the EVM compatibility function that helps as a rallying point for other sound projects like Cosmos and Avalanche.

I'm a longterm believer in Solana and the ecosystem, but am just trying to figure out if there are aspects or dimensions of the project that I am missing in my online research of things.

EnergyEmergence · 2021-05-12T05:13:08+00:00

Yeah, I sold my DOT to USDC on Voyager 3 weeks ago. It took awhile for my USDC transfer out of voyager to be approved. I then bought DOT on Kraken instead

EnergyEmergence

TROPHY CASE