Aleph Zero Blog
Governance

Further Decentralization Rolls Out on Aleph Zero!

Dec 16, 2024

AI Summary

Here's your AI summary of Further Decentralization Rolls Out on Aleph Zero! on Aleph Zero blog

Top 10 key takeaways:

  1. Community Validators Take Over: Aleph Zero is advancing decentralization by allowing Community Validators to handle block finalization, reducing the Aleph Zero Foundation's (AZF) role.

  2. Mainnet Implementation: This change is already live on the Aleph Zero Mainnet, marking a significant shift towards a more inclusive network.

  3. Reduction of AZF Nodes: Nine AZF nodes will be replaced by Community Validators in the block finalization committee by the end of era 962.

  4. Impact on Staking Rewards: AZF nodes will be turned off, affecting staking rewards for those nominating them. Users must switch to Community Validators to continue earning rewards.

  5. Action Required for AZF Stakers: If you are staking with AZF, you need to nominate a Community Validator to maintain your staking rewards.

  6. No Action Needed for Current Community Validator Stakers: If you are already staking with Community Validators, no changes are necessary.

  7. Easy Nomination Switch: Users can switch their nomination without unstaking their AZERO by visiting azero.dev or dashboard.alephzero.org.

  8. Guidance Available: A detailed step-by-step guide for changing nominations is available in the Aleph Zero documentation.

  9. Validator Performance Insights: Users can explore validator performance and uptime using the azero.live tool.

  10. Encouragement to Participate: The blog encourages users to nominate a Community Validator to support Aleph Zero's decentralization efforts and ensure continued staking rewards.

AI Summary

We’re excited to announce another big step towards greater decentralization: Community Validators are taking over block finalization! This is a great moment for the Aleph Zero Foundation to reduce its role within the finalization committee and open up to a more inclusive, decentralized network.

This is already live on Mainnet. Community Validators will replace 9 Aleph Zero Foundation (AZF) nodes in the block finalization committee at the end of era 962. This change further decentralizes the network by allowing community participants to engage in the full validation process.

What does this mean for you?

Since 9 out of 10 AZF nodes won’t be taking part in the block finalization process, they’ll be turned off–this means that if you’re still nominating one of them, you’ll stop getting staking rewards.

If you’re currently staking your AZERO with the Aleph Zero Foundation, you’ll need to nominate a Community Validator to ensure you continue receiving staking rewards. If you’re already staking with Community Validators – you’re all set, and no action is needed!

How to change your nomination

You don’t need to unstake your AZERO to switch the nomination. Simply go to either azero.dev or dashboard.alephzero.org and change nomination to one of the Community Validators – any other than named as AZF.

You will find a detailed step-by-step guide, in the Aleph Zero docs.

If you want to look deeper into the validators (e.g., their uptime or performance), check out azero.live, a very handy tool.

Get moving!

Don’t miss out on your staking rewards. Nominate a Community Validator today and contribute to the further decentralization of Aleph Zero!