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Community

Servi Node Guide: Requirements and On-boarding

IOST | 04.30| 62

Servi Nodes are an essential component of the IOST network and ecosystem. A Servi Node is a “full” node that stores the full transaction history of the IOST blockchain, produces blocks and validates transactions. It requires a moderately powerful server and large disk space and must stay up to date with the current IOST protocol version and remain stable. Servi Nodes are rewarded for this by earning from the “Block Production” reward pool (25% of total yearly rewards). Opting to be a Servi Node is recommended for those with technical knowledge of servers, coding and blockchain protocols.

Updates to Servi Node Requirements and On-boarding

To streamline the on-boarding of Servi Nodes, enable the stability and progressive scaling of the IOST network as well as ensuring profitability of Servi Nodes from block production rewards, as of 30th April 2019, the required vote amount received from Voters and/or from self-staking has been increased to 8,000,000 Votes.

The required votes to become a Partner node still remains at 2,100,000 Votes. Once your node receives the 2.1M votes, you will become an official Partner Node and start earning from the “Share of Vote” and” Contribution Reward system” reward pools (75% of the total 210M yearly rewards).

Once your node reaches 8M votes, you can choose to become a Servi Node if desired. The requirement for this are as follows:

  • A server with minimum requirements: AWS c5.2xlarge (8-core CPU with 16GB RAM), with at least 5TB storage for the first year or equivalent. (Estimated $500 usd per month rental cost)
  • A server admin who can setup and manage the server and is responsive on Slack and/or Telegram to updates and patches (24hrs max).
  • An IOST node with 8M votes.

Once the above requirement are met, any qualifying node can become a Servi Node.

Steps for Becoming a Servi Node and Joining the Network

  1. Meet all requirements above.
  2. Setup your server following the documentation here.
  3. join the IOST developer slack channel and ping @ben with your request to become a Servi Node.
  4. Your Server will be tested for performance and stability and then on-boarded onto the IOST network.

Servi Nodes will be on-boarded in order of date from request on slack.

Responsibilities of Servi Nodes

As a Servi Node you must ensure your node is running the most recent protocol version and quickly updates any new releases and hotfixes. This is to ensure high performance and stability of the network. Release info will be shared into the Servi Node Slack channel and telegram group. Nodes that do not update within 48hrs will be removed. Once updates have completed, these nodes will be added to the end of the queue for on-boarding back onto the network.

More Info

For more detailed information on various topics please check out the other articles on our Medium or the links below. To apply for node status, start earning rewards and join our growing ecosystem check out the links below.

Apply here: https://iost-eng.typeform.com/to/MQzgbm


Servi Node Guide: Requirements and On-boarding was originally published in IOST on Medium, where people are continuing the conversation by highlighting and responding to this story.

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