What is a delegate?
Any Rise account can become a delegate, by simply registering a delegate username within the client. After the registration your delegate name appears in the list of all delegates. The registration fee is 25 RISE, however this may be subject to change in the future.
What is the difference between an active and a standby delegate?
Every delegate is placed at a specific position on the delegate ranking list. The weight of votes determines that position. All delegates with a rank between 1 and 101 are active delegates. All other delegates with a rank over 101 (102-∞) are classified as standby delegates.
What are delegate votes and where can I vote for delegates?
In order to determine the delegate rank position, Rise has a decentralized voting mechanism built directly into the client. Users can vote for any delegate registered on the network. A user always uses their entire Rise balance for a vote. To vote the user has to pay 1 Rise as a network fee and each account can only vote for 1 delegate. If you wish to vote for more than 1 delegate you will need to create seperate wallets and split up your coins between the wallets, based on the vote weight you wish to be applied to the delegate you wish to vote for.
The votes are represented as an “Approval” within the client, and is shown as a percentage. An approval of 1% equals 1% of all Rise in the network. At launch this would be 1,100,000 RISE (later more, due to inflation).
How can I become an active delegate?
In order to become an active delegate, you must attain a higher approval percentage than the delegate in rank 101. This means you will overtake them in the ranking list and become the 101st delegate, and therefore, become one of the 101 active delegates.
Can I run multiple delegates (from the same IP, server…)?
Yes. However, this is not recommended and if it’s public knowledge, it should ideally be frowned upon by the community by removing the votes from both delegates.
The other way around, maintaining multiple servers for the same active delegate is not recommended! Your servers will get on a fork.
How important is the productivity of a delegate and how is it calculated?
Very important. The productivity is also visible as a percentage and doesn’t represent the productivity of the node, but rather the number of generated blocks by one delegate in relation to the number of blocks, which were possible to generate for the delegate.
That means if you became an active delegate 606 blocks ago, you had the chance to forge 6 blocks. If you only forged 5 blocks, because your node was unable to sign a given block, maybe because it was offline or not responding efficiently enough, you will have an productivity of 83.3%.
What is a delegate round?
A delegate round is exactly 101 blocks in length. If delegate A can’t generate a block (e.g. their node is offline) they won’t be used as a participant of that round, therefore another delegate out of the active delegates takes his place (only for that round). Delegate B will then generate a total of 2 blocks in that round. Therefore, he will also receive twice the block reward amount, and a higher proportion of fees will be distributed to all other active delegates participating in the round. Rounds are 50 mins each and block times are 30 seconds.
How long does it take until my vote appears on the network?
It takes until the beginning of the next delegate round for your votes to appear on the network. If your vote is placed at the 100th block, then you will only need to wait until one new block is generated. Conversely, if your vote is placed at the 10th block, you will have to wait for 91 further blocks to be generated.
In what order do the active delegates generate the blocks?
In every new delegate round the order of delegates is random. With 101 delegates this results in a huge number of possible orders.
2 delegates: 2! or: 2 orders (12, 21)
3 delegates: 3! or: 6 orders (123,132,213,231,312,321)
4 delegates: 4! or: 24 orders
101 delegates: 101! or: 9425947759838359420851623124482936749562312794702543768327889353416977599 possible orders.