#398
1kvP Validators Initiative: Increase Validators Active Set to 400
Democracy
6 Comments
Executed

After the submission of referendum 112, seeking to increase the validator active set to 500, the community discussed the possibility and the need of Polkadot increasing the validators set.

Feedback from the proposals indicates two points:

  • There's interest with increasing the number of validators of the active set but with increments;

  • There needs to be some analysis on the effects of the increase to ensure there's no security concerns.

The results indicate that participating members would like to increase the active set to 400 with increments of 5 per era. They believe that this increase would not compromise the security of the chain and allow for natural (opportunistic) leveling as the set increases. Core developers have also agreed on similar increases by value:

“With increasing to 500, the amount of DOT needed to acquire a validator will sharply reduce from 1.7 mDOT now, to just around 370 kDOT. We think this is overall unavoidable, but we would personally suggest first increasing to 400 and re-evaluate”

This proposal aims to increase the active set of validators by 5 per era, for 20 eras. The call also executes a one-time increase by 3 to reach 400 validators by the end of the 20 eras. Note that this initiative is submitted on behalf of a coalition of 1kvP validators.

  • Preimage Hash: 0xbacad43f5467717cb1edfba6317524dc1d24fe3246afbe6a8cea7ed5fae1ba5f
  • Call data: HERE

Please note this proposal is submitted as an external motion: meaning if/after Council approves, the community will vote in referenda queue for the final decision.

Make sure to review and vote!

Polkassembly
Reply
Up
Share
Business
Metadata
Proposer
Index
398
Threshold
8
Hash
0xbcbc3870bc58f1aeaef8b903ef0dc5c4ac49754116a02e7d66ebcba5f95fc08b
Call
Table
Json
callIndex0x0e05
sectiondemocracy
methodexternalProposeMajority
args
proposal
lookup
hash0xbacad43f5467717cb1edfba6317524dc1d24fe3246afbe6a8cea7ed5fae1ba5f
len25
Comments
SubSquare(1)
Polkassembly(5)

To clean up the queue, the TC Seat has decided to fast-track motion 398, aiming to increase the active validator set to 400, with the following parameters:

  • voting period: 403,200 blocks (28 days)
  • enactment period: 28,800 blocks (2 days)
Reply
Up