►
From YouTube: Mina Mainnet Block Producer / Validator: Essentials
Description
Mina Protocol is the world's lightest blockchain, powered by participants. It uses Ouroboros Samasika Proof-of-Stake (PoS) consensus mechanism that allows an unlimited number of validators to participate.
- validators can receive up to 24% supercharged block rewards (see 4:33)
- clear documentation to get started (https://minaprotocol.com/docs)
- no slashing
This video will help you get started:
0:00 Welcome
1:28 2. Mina Protocol: Vision and Mission
4:33 3. Designed to Incentivize Staking (up to 24% supercharged block rewards)
13:25 4. Essentials for Block Producers
13:25 4.1 Resources
14:31 4.2 Mina ecosystem: tooling
14:46 4.2.1 Node-as-a-Service Dashboard - by DSRV Labs
17:39 4.2.2 Staking-as-a-Service / Validator Dashboard - by StakeTab
21:46 4.2.3 Mina Block Explorer - by minaexplorer.com (Garethtdavies)
25:04 4.3 Fireside Chat: Security Awareness
35:51 5. Next Steps
35:51 5.1 Mainnet Launch Process
38:00 5.2 Engineering: After Mainnet Launch
41:10 6. Q&A
58:10 7. Closing Remarks: Evan Shapiro (CEO and Co-Founder of O(1) Labs)
Slide Deck: http://bit.ly/38xSg2c
Join us:
Discord: https://bit.ly/MinaDiscord
Twitter: https://twitter.com/MinaProtocol
Medium: https://medium.com/MinaProtocol
Telegram: http://bit.ly/MinaTelegram
Reddit: http://bit.ly/MinaReddit
A
A
We
have
a
very
full
agenda,
we'll
start
off
with
the
vision
and
mission
statements,
a
small
reminder
of
what
we're
trying
to
accomplish
and
then
we'll
go
over
some
unique
incentives
on
mina
for
its
blog
producers.
That
can
especially
be
interesting
in
the
first
period
after
mainly
launch
after
that.
We'll
share
some
relevant
information
with
you,
including
helpful
resources
available
tooling
in
the
meda
ecosystem
and
we'll
have
a
fireside
chat
on
a
very
important
topic.
Security
awareness
we'll
also
update
you
on
the
main
at
launch
process
and
things
that
are
on
the
engineering
roadmap.
A
A
A
With
elegance
we
mean
it's
simple
and
sophisticated:
it's
organic
and
emergent
it's
in
a
systems
design
and
there
are
healthy
incentives
and
it's
fair.
It's
democratic,
empowering,
safe
and
secure
and
private
and
protective
in
the
future.
It's
the
foundation,
it
affects
us
all
and
it's
borderless.
We
all
have
a
shared
faith
and
how
do
we
get
there?
What
is
the
mission
we
will
get
there
by
creating
a
vibrant,
decentralized
network
and
currency,
that's
powered
by
participants,
it
will
hit
skill
and
decentralization.
A
A
So
again,
our
team
started
on
this
project
in
2017,
and
it's
unbelievable.
How
far
we've
come
since
then
back
then
there
were
just
two
young
bright
minds
who
had
this
dream,
and
now
the
stream
is
shared
among
thousands
of
members
in
our
community
who
are
healing
from
all
over
the
world,
as
you
just
saw
on
this
video
most
of
you,
if
not
all
who
are
attending,
this
call
will
be
mina's,
first
blog
produces
among
upon
maine
and
launch,
and
you
are
selected
because
of
your
knowledge,
skills
and
contributions.
A
We
are
also
amazed
to
see
that
now,
ahead
of
main
at
launch
already
200
members
plan
to
provide
speaking
as
a
service
to
mina's
users,
we've
also
seen
a
lot
of
contributions
from
the
community
to
the
minas
ecosystem
and
we'll
show
you
a
few
of
them
later
on.
In
the
session,
the
community
also
completed
10
language
translations
of
key
resources
and
hosted
over
more
than
over
10
mina
meetups.
A
B
B
One
thing
that
christine
touched
on
as
well,
which
I'll
mention
is
the
concept
of
dynamic
block,
rewards.
So
the
way
the
protocol
sets
inflation
is
to
adjust
the
level
of
block
rewards
according
to
how
many
people
are
staking,
such
that
the
inflation
rate
is
is
set
at
the
target
that
you
see
in
that
table
there
now.
One
thing
I'll
note
is
that
this
dynamic
block
rewards
will
be
introduced
a
few
months
after
protocol
launch,
so
they
won't
be
there
from
the
launch
of
the
genesis
ledger
and
what
that
means
is.
B
So
what
that
means
is
for
the
12
inflation
rate
to
be
reached
every
single
block
producer,
every
single
token
on
the
protocol
would
have
to
be
staking
in
order
to
hit
that
12
if,
in
the
likely
case,
that
not
every
single
person
is
staking
individual
block
rewards.
So
from
your
perspective
as
a
staker,
you
will
receive
a
12
sort
of
rate
of
block
reward,
but
the
rate
across
the
entire
protocol
will
be
lower,
so
the
actual
effective
level
of
inflation
will
be
lower.
B
As
I
said,
after
a
few
months,
the
dynamic
block
rewards
will
be
implemented,
and
that
will
mean
that
the
individual
block
award
that
each
block
producer
earns
will
dynamically
scale
up
and
down
in
order
to
set
the
inflation
target
at
what
we've
got
here
in
that
table,
and
we've
just
got
a
couple
of
worked
examples
here,
to
show
the
impact
that
inflation
and
block
rewards
has
on
users.
And
what
we've
done
here
is
said.
B
This
mechanically
is
to
pay
out
twice
as
many
block
rewards
via
coinbase
transactions
whenever
a
block
is
produced
by
an
address
that
doesn't
have
any
time
lock
tokens
in
it,
and
also
it's
worth
noting
that
this
applies
both
to
delegated
and
direct
staking
one
sort
of
incentive
that
the
way
this
mechanism
works
sets
up.
Is
that
say,
for
example,
you
have
an
account
that
is
unlocking
its
unlocking
over
time.
B
The
portion
of
your
account
that
is
is
unlocked.
You
are
able
to
transfer
those
tokens
to
a
new
address
such
that
that
new
address
is
fully
unlocked.
There's
no
locked
tokens
in
that
new
address
that
you
can
transfer
out
of
and
that
new
address
that
is
fully
unlocked
will
be
eligible
for
supercharge
rewards.
B
So
that's
sort
of
one
thing
to
keep
in
mind
if
you're
trying
to
optimize
your
rewards
and
again,
you
can
see
here
on
this
table,
there's
sort
of
the
months
from
launch
and
then
the
supercharged
yield
target
that
supercharged
yield
target
includes
the
sort
of
regular
inflation.
The
regular
block
rewards
that
were
on
the
previous
slide.
B
So,
for
example,
in
the
first
five
months
of
the
protocol,
there's
an
extra
12
that
you
can
earn
through
supercharged
rewards
that's
on
top
of
the
existing
12
that
you
get
through
regular
rewards
and
then,
finally
again,
this
just
provides
a
couple
of
worked.
Examples
which
shows
the
impact
of
these
supercharged
rewards
on
the
first
year,
so
the
user
on
the
left
is
earning
only
regular
rewards.
B
So
that's
the
same
number
that
we
saw
on
the
previous
slide
talking
about
inflation,
the
user
on
the
right
in
the
right
hand,
column
is
receiving
those
extra
super
charge
rewards,
and
you
can
see
that
they're
getting
an
extra,
approximately
7
000
tokens
over
that
first
year,
due
to
those
supercharged
rewards
and
yeah
again.
This
shows
you
know
the
incentives
that
we're
trying
to
set
up
here-
and
you
know,
the
purpose
of
these
supercharge
rewards
is
for
people
that
are
fully
unlocked.
B
This
is
what
we're
sort
of
proposing
from
the
launch
of
the
protocol,
but
this
is
all
subject
to
change
and
the
numbers
that
I've
put
here
are
sort
of
illustrative
to
to
help
educate
everyone
on
this
call.
But
you
know,
there's
certainly
not
there's
sort
of
no
guarantees
necessarily
and
then
the
final
thing
I'd
say
you
can
see
down
the
bottom.
There
there's
a
link.
B
A
A
So
how
can
you
start
staking
one?
There
are
very
accessible
documentation
available
on
our
website.
If
you
follow
the
instructions
there
and
everything
goes
well,
you
will
be
able
to
sync
to
the
blockchain
in
just
a
few
minutes
and
you
don't
need
to
worry.
If
you're
currently
planning
to
delegate
you
can
change
to
staking
at
any
time
after
main,
at
launch.
It
takes
around
one
to
two
epochs
for
the
change
to
take
effect,
and
during
that
period
you
will
still
earn
block
rewards
from
delegating
for
those
of
you
who
participated
in
mina's
test
nets.
A
The
test
has
only
had
a
duration
of
a
maximum
few
weeks.
So,
due
to
this
short
duration,
it
might
not
be
the
best
way
to
test
the
probability
of
winning
a
block
to
produce
of
winning
a
slot
to
produce
blocks,
and
we
encourage
everyone
to
try
out
staking
on
the
main
ad
and
if
it
doesn't
work
out,
you
can
also
always
change
back
to
delegating
at
any
time.
A
A
A
A
This
court
is
where
mina's
community
and
team
hangs
out,
there's
a
wealth
of
information
and
knowledge
over
there.
If
you
use
the
search
function,
I
believe
that
in
eighty
percent
of
the
cases
you'll
find
an
answer
to
your
question
there.
So
please
take
a
look,
and
it's
also
fun
to
get
to
know
fellow
community
members,
so
we'd
love
to
see
you
over
there
on
discord.
A
And
then
nina's
ecosystem,
the
mina
community
also
built
and
shared
a
lot
of
useful
tools
and
scripts
with
each
other,
and
today
a
few
members
will
present
what
they've
built
the
first
one
up
is
danny
from
the
dsrv
team.
They
build
a
node
as
a
service
platform
danny
if
you're
ready
and
the
stage
is
all
yours.
C
C
C
C
C
C
C
A
Wow,
thank
you
so
much
danny.
I
don't
think
that
running
a
node
mina
can
get
any
easier
than
this.
Then
he
joined
our
community
a
year
ago
when
he
just
learned
about
blockchain
technology
and
it's
really
amazing
to
see
how
he
has
grown
and
is
contributing
to
our
community
now.
So
thank
you
so
much
danny
and
the
dsrv
team.
A
F
F
F
F
This
column
shows
blocks,
entertainment,
economical
chain
and
all
produced
blocks,
canonical
chains.
There
was
a
paid
for
revised
operators,
you
know
for
canonical
chain
and
the
terms
is
often
how
often
the
validation
makes.
Payments
here
is
also
contacts,
quite
simple,
as
you
see,
and
in
terms
of
data
yeah,
we
strive
to
automate
it
as
much
as
possible.
At
the
same
time,
not
all
the
validities.
F
E
F
F
We
took
a
documentation,
we
also
appear
here,
so
developers
will
be
able
to
use
this
data
and
in
their
services.
As
I
already
said,
there
are
several
features
on
which
work
is
already
underway.
First,
we
plan
to
improve
the
current
list.
Search
features,
improve
research,
sorting
and
so
on.
The
second
is
a
bigger
update.
We
plan
to
to
prepare
a
list
of
delegations
so
for
each
provider
and
details
of
current
and
potential
rewards,
and
we
also
plan
to
make
several
statistics
and
a
number
of
additional
information
statistics.
A
A
G
The
explorer,
as
you
would
expect,
allows
you
to
see
all
the
blockchain
activity
in
mina,
including
the
latest
blocks
transactions
and
snark
worker
activity
on
the
explorer.
You
can
see
historical
prices
paid
for
transaction
fees
and
snark
work
as
well
as
any
pending
transactions.
You
can
use
this
information
to
set
your
transaction
fees
and
snark
fees.
G
A
A
A
E
A
A
H
All
right,
everyone
hi-
this
is
chris
f,
I'm
one
of
the
media
community
here
and
I've
been
running
nodes
and
having
a
lot
of
fun
on
the
test
nets
for
quite
a
while
now
with
the
maintenance.
Almost
here,
it's
a
really
good
chance
to
get
a
strong
reminder
on
how
important
security
is,
and
I'm
really
glad
to
be
here
today
with
ryan.
I
Hi
everybody,
so
I'm
ryan
I've
been
involved
in
kind
of
the
broader
security
community
for
a
number
of
years.
At
this
point
and
protected
my
kind
of
fair
share
of
scary,
you
know
corporate
things
as
well
as
run
a
number
of
kind
of
high
profile
services
around
the
internet.
I'm
super
excited
here
or
to
be
here
to
talk
about
kind
of
all
the
fun
bits
about
running
your
notes
safely
and
securely.
I
Yeah,
so
our
goal
with
this
chat
today,
specifically,
is
to
kind
of
give
you
a
good
primer
to
make
sure
that
you're
not
part
of
that
group
right
and
that
you
also
have
kind
of
the
good
tools
and
security
mindset
necessary
to
protect
your
nodes.
This
is
actually
really
important,
because
protecting
your
node
actually
helps
secure
the
entire
network
as
a
whole
and
and
really
by
doing
a
little
bit
of
security
hygiene
just
right
out
the
gate.
I
And
the
most
important
thing
that
you
can
really
do
here
is
to
keep
your
keys
safe
and
secure,
and
nobody
from
o1
labs
will
ask
you
for
your
private
keys,
as
chris
said
just
don't
give
them
to
anybody
right,
but
with
that,
you
also
want
to
make
sure
that
you
are
backing
them
up
securely
as
well,
because
if
you
lose
your
keys
again
that
that's
you've
lost
your
identity
and
and
we'll
touch
on
that
in
on
the
next
slide.
Here.
H
And
you'll
have
to
find
those
keys
again
in
two
or
three
years
as
well.
So
it's
a
bit
of
a
long-term
thing,
all
right!
Well,
you
can
see
on
our
slide
we're
going
to
cover
three
points
here
and
if
you
could
go
through
them,
ryan,
let's
see
we'll
start
the
first
one.
What
do
you
mean
by
this
single
purpose?
Node.
I
Yeah,
so
when,
when
you
run
services
on
the
internet
right,
you
generally
want
to
keep
things
somewhat,
firewalled
off
from
one
another
right
and,
and
so
with
single
purpose
nodes.
I
mean
you
basically
want
to
run
a
mina
node
and
not
have
this
be
a
shared
infrastructure
with
other
services
or
other
people.
You
really
want
this
to
just
be
a
box
that
just
does
nothing
but
produce
media
blocks,
which
was
a
fun
rhyme.
H
I
Yeah,
so
firewalls
are
one
of
the
most
effective
mitigations
that
exists.
It's
one
of
those
things
that
attackers
can't
attack
things
that
they
can't
talk
to.
So
the
idea
here
is
that
you
really
want
to
restrict
down
the
ports
that
you're
exposing.
There
are
some
kind
of
administrative
ports
as
part
of
the
media,
node
absolutely
make
sure
that
those
are
not
sitting
on
the
open
internet,
because
people
will
come
along
eventually
and
find
them
and
then
do
potentially
bad
things
right.
H
Yeah,
that's
great
and,
like
you
mentioned
there,
the
mina
guide
has
the
information,
and
you
can
always
ask
questions
about
any
of
these
things
in
the
minute
channels
and
there's
so
much
information
on
the
internet
about
this
that
you
can
find.
It
is
your
responsibility
to
take
care
of
your
own
security
here
all
right.
Let's
have
a
look
at
the
next
one.
There
could
you
talk
a
little
bit
about
the
securing
ssh.
I
Yeah,
absolutely
so
so
kind
of
as
part
of
a
holistic
securing
your
node
thing.
You
obviously
want
to
secure
your
access
path
to
that
node,
and
so
the
recommendation
here
is
generally
like
shy
away
from
using
passwords
passwords.
Are
you
know,
easily
duplicatable
and
and
generally
not
a
good
security
control?
You
want
to
use
something
like
ssh
keys
only
so
if
you
spin
up
your
node
in
aws,
they
kind
of
force
this
some
other
providers.
Don't
do
that
you.
I
Another
good
step
that
you
can
take
is
to
make
sure
that
your
ssh
keys
will
never
get
compromised
by
using
something
like
a
ubi
key
where
you
can
just
generate
your
ssh
keys
on
it
and
then
at
that
point
you
have
to
have
a
physical
hardware
token
in
order
to
actually
access
that
ssh
key.
That
then
gives
you
access
to
your
node
right.
I
Additionally,
there's
some
other
things
that
you
can
do
around
integrating
duo
with
pam,
which
is
like
the
login
controller,
for
you
know,
ssh,
where,
when
you
log
in
it'll,
send
a
push
notification
to
your
phone,
that
says:
hey
is
this
you
and-
and
you
can
say
yes
or
no,
and
and
it's
a
nice
guarding
feature
to
your
node
at
that
point.
So
with
that
too,
you
know
another
thing
that
people
often
overlook
is
their
cloud
providers
right.
Not
all
cloud
providers
are
the
same.
Some
don't
offer
vector
off.
I
Some
are
really
good
about
it,
and-
and
you
know
it's
kind
of
everything
in
between
so
keep
in
mind
that
if
you
have
all
of
this
ssh
security
and
you've
run
your
node
100
perfectly,
and
you
have
a
provider
that
then
has
either
some
social
engineering
aspects
to
it
that
are
possible
or
no
two-factor
off.
Then
an
attacker
can
just
get
into
your
admin
panel
and
restart
your
box
using
kind
of
the
administrative
controls
and
that
to
the
loss
of
your
private
keys.
I
H
I
Yeah
so
software
patching,
you
know,
obviously
it's
good
security
hygiene.
You
should
be
patching
everything
all
the
time
and
and
it's
one
of
those
that
the
good
thing
here
is
that
we're
kind
of
talking
about
defense
in
depth.
So
realistically,
if
your
operating
system
isn't
patched
every
single
day
by
not
doing
things
like
running
a
bunch
of
other
services
on
that
same
node,
you
reduce
your
risk
exposure
because
then
your
only
risk
is
basically
the
one
port
that
you've
got
open,
which
is
the
mina
daemon.
I
Now
mina
is
an
ever
evolving
thing
and
obviously
these
guys
are
working
very
hard
to
push
out
updates
and
stuff.
So
you
should
definitely
make
sure
that
those
are
up
to
date.
But
realistically
you
should
just
be
patching
everything
all
the
time,
which
is,
I
know,
not
a
fun
thing,
but
it's
security,
hygiene.
H
H
The
wiki
page
amino
wiki
page,
where
you
can
follow
up
on
these
things,
there's
a
lot
we've
talked
about,
so
you
can.
You
can
follow
it
up
so
that
we've
covered
quite
a
lot
there
quite
quickly,
but
it's
worth
everyone
checking
out
afterwards
all
right
well
yeah.
As
we
said
you're
not
going
to
learn
everything.
You
need
to
know
about
security
in
10
minutes,
but
you
should
have
a
good
place
to
start
from
this
and
there's
a
lot
of
resources
out
there.
I
I
A
A
A
A
A
If
there
are
no
critical
alerts
and
if
the
chain
quality
is
sufficient,
then
the
release
candidate
will
graduate
into
becoming
the
main
net.
If
the
participation
is
low
and
the
chain
quality
is
also
low,
then
the
release
candidate
will
not
graduate
into
the
mainnet.
So
that's
why
it's
really
crucial
for
everyone
to
treat
the
release
candidate
as
the
actual
mainnet
and
participate.
A
J
J
So
there's
a
couple
things
there's
two
slides
worth
of
things
that
that
we've
written
down
so
so
one
one
big
thing
is
optimization.
We
we
want
to
make
it
cheaper,
basically
to
to
run
a
block
producing
mode,
snark
workers
et
cetera,
so
reducing
the
hardware
requirements.
That's
that's
going
to
be
a
big
focus.
Another
thing
is
we're
going
to
be
working
to
get
the
ledger
hardware,
implementation
of
of
mina-
that
currently
you
can
use
on
your
ledger.
J
J
We
have
great
stuff,
but
we
could
have
more
I'll
leave
with
that.
Let's
go
to
the
next
next
slide,
so
we're
also
going
to
be
working
hard
to
get
snaps
ready
for
mainnet.
So
I'm
sure
you
all
have
heard
about
snaps
from
us.
I'm
not
even
going
to
go,
go
into
in
more
detail
than
that,
but
but
yeah
it's
it's
very
exciting
and
it's
something
we're
gonna
focus
on
and
then
and
then
on.
The
horizon
also
is
non-consensus
notes.
J
J
You
fully
verify
the
chain
with
these
nodes
and
then
finally,
we
will
have
some
hard
forks
that
are
planned
so,
for
example,
in
order
to
make
snaps
part
of
mainnet
we're
going
to
have
to
hard
fork.
So
so
we
are
planning
for
hard
forks
around
every
six
months
in
the
short
term
and
then,
of
course,
as
the
network
matures
we'll
reduce
the
frequency
of
these
planned
hard
forks
to
well.
J
A
Thank
you
so
much
brandon
for
the
updates.
There
are
a
lot
of
exciting
things
coming
up,
so
maine
launch
is
only
to
start,
and
now
we
arrive
at
the
q
a
section
before
we
start
with
the
q,
a
I'm
going
to
launch
a
new
poll,
we're
really
curious
to
know
whether
you're
planning
to
stake
or
delegate
and
whether
you
feel
ready
for
mainnet
all
right
and
then
q
a
we
have
emory
here
from
the
business
development
team
and
brandon
from
the
engineering
team.
A
To
answer
your
questions,
let's
look,
oh
so
many
questions.
We
don't
have
time
to
take
them
all,
but
let's
see
which
one
we
can
take.
Let's
see,
why
was
seven
percent
an
inflation
target?
This
is
a
question
from
samuel
parker
and
he's
asking
in
particular,
because
that's
a
dynamic
target
that
seems
very
high,
especially
compared
to
most
till
emissions,
which
curve
asymptotically
down
to
zero.
K
Sure
I
can
take
that
thanks
for
the
question,
it's
indeed
important,
to
know
where
the
direction
is
headed.
With
regard
to
block
rewards,
I
want
to
preface
this
with
two
things.
One
of
them
is
that
this
is
an
initial
proposal
right
that
open
labs
made,
which
is
to
start
with
twelve
percent
asymptotically,
get
down
to
seven
percent
but
hold
its
table
there.
K
It
is
a
proposal
with
mina
launching
we
or
one
lab.
No
longer,
you
know,
has
any
control
or
any
say
on
what
which
direction
the
community
takes
it.
So
if
the
community
wants
to
make
it
lower,
that's
entirely
possible
either
via
one
of
the
planned
hard
forks
or
with
another
hard
fork
that
can
be
brought
up
by
the
community.
K
So
that's
number
one
number
two
is
just
to
remind
everyone
that
in
proof-of-stake
networks
inflation
doesn't
necessarily
mean
that
token
holders
get
inflated
out
right.
You
can
either
stake
or
delegate
directly
yourself,
so
your
percentage
of
ownership
of
the
network,
if
you
take
the
right
actions,
always
stays
the
same.
In
fact
with
supercharger
wars.
One
of
the
goal
there
was
to
give
community
members,
as
well
as
early
holders
of
the
tokens
with
unlocked
tokens,
a
chance
to
increase
their
percentage
ownership
of
the
network.
K
With
these
said,
I
want
to
challenge
first
of
all
that
it's
much
higher
than
other
networks.
It
depends
there
are
networks
with
much
much
higher
inflation
rates
as
well.
There
are
networks
with
dynamic
inflation
rates
and
I
would
say
that
seven
percent
actually
falls
by
sonar
research,
at
least
somewhat
in
the
middle
of
networks,
with
inflation
rates,
some
might
go
down
to
zero
percent
and,
as
was
previously
said,
that
is
actually
entirely
possible
if
the
community
wants
to
take
it
in
that
direction.
K
In
addition,
we
purposefully
put
it
perhaps
a
bit
on
the
higher
end,
at
least
at
the
start,
with
12
and
also
24
supercharged
awards,
because,
given
it's
a
decentralized
network
with
hundreds,
hundreds
and
hundreds
of
nodes,
we
wanted
to
make
sure
that
a
maximal
percentage
of
the
network
is
taking
and
protecting
the
network
right
and
incentives
matter.
So
the
higher
the
block
awards
the
higher
certainty
that
we
had,
that
more
more
participants
would
be
taking
or
delegating.
K
So
this
is
entirely
for
the
benefit
of
the
network
to
maintain
the
security
and
the
performance
of
the
network.
Again,
it's
a
proposal.
So
if,
over
time
it's
seen
to
be
indeed
too
high,
then
you
know
it's
entirely
again.
I
I'm
maybe
repeating
myself
too
many
times
but
entirely
up
to
the
community
to
change
it
later.
On.
E
A
J
J
If
your
account
is
responsible
for
winning
the
block,
then
the
that
that
block
will
have
supercharged
rewards
and
vice
versa,
if
the
account
that's
producing
blocks
is
unlocked.
But
someone
is
delegating
to
you
with
locked
tokens
and
the
account
with
lock.
Tokens
is
responsible
for
making
the
block
the
reward
will
not
have
supercharged
reports.
J
So
so
what
this
means
you
currently,
if
you're
a
gfm
or
or
received
a
grant,
you
have
an
account
in
the
genesis
ledger
that
has
locked
tokens
in
it
as
you
acquire
unlocked
tokens
either
by
staking,
or
you
know,
trading
with
other
people.
You
may
want
to
put
those
in
an
account
that
is
entirely
unlocked
so
that
you
are
eligible
for
the
supercharged
rewards.
A
E
This
is
a
great
question,
so
yeah
we
will
be
having
an
alert
system
once
we
launch
maynet,
so
you
all
have
filled
out
your
cell
phone
number
and
one
of
the
forms
when
you
are
submitting
your
keys
for
mainnet
and
we'll
be
using
those
cell
phone
numbers
to
alert
you
via
sms
or
text
and
then
we'll
be
directing
you
from
there
to
go
to
the
main
blog
producers
channel
over
on
discord
and
that's
it.
Let
us
know
if
you
have
any
more
questions.
A
K
You
know,
there's
this
larger
conversation
out
in
the
space,
whether
okay,
there's
layer,
twos
are
gonna
win
like
ones,
I
would
argue,
with
all
these
bridges
being
built
across
many
different
blockchains,
that
the
line
gets
quite
blurry.
What
is
a
layer
two?
What
is
a
layer
one,
but
without
going
too
much
in
that
direction?
K
Ethereum
is,
I
would
say,
objectively
the
largest
and
most
valuable
other
blockchain
out
there
with
you
know
very
objectively
again
taking
the
role,
the
main
settlement
layer
in
addition
to
bitcoin,
perhaps
the
main
settlement
layer
of
the
crypto
ecosystem.
So
we
find
it
very
important
that
you
know
applications
that
want
to
get
the
benefits
of
mina
don't
have
to
carry
over
their
other
stuff
from
ethereum
or
in
the
future
from
other
chains
over
to
mina.
K
It's
very
important
that
mina
can
trustlessly
provide
these
features,
and
this
happens
via
bridges
and
that's
why
we
have.
The
mina
foundation
is
announced
with
the
ethereum
foundation,
a
joint
grant
to
do
the
underlying
work
required
for
a
bridge
which
is
for
the
pickles
construction,
which
is
the
smart
construction
of
mina
to
get
verified
on
ethereum.
K
A
A
J
Can
a
malicious
actor
intentionally
state
his
locked
tokens
on
the
accounts
aiming
for
the
supercharger
awards?
So
what
I
guess
can
imo
here
here
here
is
the
attack
as
I'll
overstate
it.
If,
if
you
see
an
account
that
has
unlocked
tokens,
you
can
delegate
your
locked
tokens
to
that
account
and
then,
if
that
account
wins
a
block
with
the
lock
tokens,
then
they
don't
get
the
supercharged
reward.
Well,
it's
not
much
of
an
attack
because
you're
just
giving
more
stake
to
the
account
which
is
just
making
it.
J
A
K
K
A
K
Yeah,
so
so
this
is
a
thing
for
many
layer,
one
proof
of
stake
layer,
ones
that
launch
right.
The
fact
that
you
don't
want
to
suddenly
flood
the
network
or
the
the
market.
Let's
say
with
unlock
tokens
and
that's
why
and
for
other
reasons,
initial
grants
and
other
distributions
or
allocations
are
locked.
K
We
have
found
it
important
to
incentivize
further
these
token
holders
to
make
sure
that
they
are
indeed
staking
because
otherwise
they're
actually
losing
up
on
a
lot
of
rewards.
We
also
when
looking
at
the
initial
token
allocation
of
the
of
the
mina
tokens,
which
you
can
find
on
a
blog
post,
we
recently
posted.
K
We
found
it
important
to
be
able
to
allocate
a
good
percentage
of
those
initial
tokens
to
these
token
holders.
What
one
might
call
you
know,
community
members
or
retail
holders
that
come
and
find
the
project
afterwards.
So
not
early
adopters
like
this
group,
but
those
later
for
them
to
also
benefit
from
some
of
the
initial
token
sets
right
which,
if
these
were
not
going
to
supercharge
awards,
they
would
have
gone
elsewhere.
So
that's
why
we
found
it
important
to
have
these
extra
incentives.
K
A
J
Yes,
you,
it
is
available.
The
the
question
disappeared
in
my
q,
a
but
it's
okay.
I
remember
it
so
you
you
may
and
and
what
you
will
do
by
participating
is
helping
to
secure
the
the
network
by
verifying
the
stock
proofs.
You
can
participate
as
a
smart
worker
without
stake,
and
then
you're,
actually,
you
know,
participating
in
consensus
in
another
way
and
yeah.
It's
it's
great,
it's
desirable
because
we
want
as
many
people
to
participate
as
as
possible,
but
it
it
doesn't.
J
A
B
Christine
sorry,
let's
quickly
jump
in
and
just
clarify
one
thing.
I
saw
one
comment
from
mike
about
this
attack
on
delegating
the
tokens.
I
just
wanted
to
just
clarify
that
and
granted
feel
free
to
jump
in
here.
If
I'm
misrepresenting
this,
but
delegating
a
single
locked
token
to
a
fully
unlocked
account
does
not
prevent
that
fully
unlocked
account
from
receiving
supercharged
rewards,
so
that
is
not
actually
an
attack
vector.
A
Oh,
that's
great,
thank
you
ben
for
highlighting
it
well.
So,
as
I
said,
if
you
have
any
questions,
please
head
to
this
court
and
ask
them
there
and
we're
nearing
the
end
of
the
presentation
before
we
end
it,
we'd
like
to
invite
our
ceo
and
co-founder
evan
shapiro,
to
share
a
few
words
with
all
our
future
users.
D
I
think
a
lot
of
what
we've
seen
in
other
other
projects,
so
I
just
want
to
like
thank
you
for
sticking
in
there
as
we've
worked
together
to
like
hammer
out
like
a
working
protocol.
I
know
it's
like
been
a
long
road
at
times,
but
I
think,
like
we've
gotten
to
a
really
good
place
and
yeah.
I'm
just
really
excited
to
go
to
the
next
steps
and
the
next
milestones
with
you
all
so
yeah
thanks
again
and
I'm
excited
to
launch
a
minute
with
you
all
soon.
A
Thank
you
so
much
evan
and
I
think
our
entire
team
shares
this
feeling.
We
are
really
happy
with
where
we
are.
We
feel
that
our
technology
ecosystem
of
blog
producers
and
community
is
ready
to
take
the
next
step
so
yeah.
I
think
that
brings
today's
session
to
an
end.
Thank
you
so
much
for
joining
us
today
and
we
hope
that
this
was
helpful
for
you
to
prepare
for
mainnet
and
we're
really
excited
for
the
next
period.