README.md

bitsong-1

Please follow the guide

$ shasum -a 256 genesis.json
9aca9f71d361f9f018923befbc16cfc0ef8dcc1df7e36e715f2d7808d27e3e74  genesis.json

Persistent Peers

[email protected]:26656,[email protected]:26656,[email protected]:26656,[email protected]:26656,[email protected]:15631,[email protected]:26656,[email protected]:26656,[email protected]:26656,[email protected]:26656,[email protected]:36656

Seeds

[email protected]:26656,[email protected]:26656

Public lcd availables

- https://lcd-bitsong.itastakers.com/

Console

---

Setup instructions

Make sure your node is updated

rm -rf ~/go-bitsong
git clone https://github.com/bitsongofficial/go-bitsong
cd go-bitsong
git checkout v0.7.0
make install
bitsongd version --long

you should have an output similar to this

$ bitsongd version --long
name: go-bitsong
server_name: bitsongd
client_name: bitsongcli
version: 0.7.0
commit: 26a277a67b8d3e0052ace21be7f3a2754171b06b
build_tags: netgo,ledger
go: go version go1.13.15 linux/amd64
build_deps:
....

1. Delete the old genesis

rm -f ~/.bitsongd/config/genesis.json

2. Download the new genesis, and copy it to the correct directory

wget https://raw.githubusercontent.com/bitsongofficial/networks/master/bitsong-1/genesis.json -P ~/.bitsongd/config

3. Run the node

bitsongd start

Optional, if you wish, you can create a systemd file (edit <your_user> where necessary)

sudo tee /etc/systemd/system/bitsongd.service > /dev/null <<EOF
[Unit]
Description=BitSong Network Daemon
After=network-online.target

[Service]
User=<your_user>
ExecStart=/home/<your_user>/go/bin/bitsongd start
Restart=always
RestartSec=3
LimitNOFILE=4096

[Install]
WantedBy=multi-user.target
EOF

sudo systemctl enable bitsongd
sudo systemctl start bitsongd

To check the status of the node, you can use the following commands

bitsongcli status
sudo journalctl -u bitsongd -f

Now we have to wait for the launch of the network which will take place on March 26th, 2021 at 20:00 UTC

After the network has reached the quorum, the testnet will start automatically!

If the quorum is not reached, we will give further communications in the validator’s chat

Public Seeds

Blockexplorer

--

General configurations

Genesis start at 20210326T20

  "genesis_time": "2021-03-26T20:00:00Z",
  "chain_id": "bitsong-1",

Consensus params

  "consensus_params": {
    "block": {
      "max_bytes": "200000",
      "max_gas": "2000000",
      "time_iota_ms": "1000"
    },
    "evidence": {
      "max_age_num_blocks": "100000",
      "max_age_duration": "172800000000000"
    },
    "validator": {
      "pub_key_types": [
        "ed25519"
      ]
    }
  },

Bank params

    "bank": {
      "send_enabled": false
    },

Crisis params

    "crisis": {
      "constant_fee": {
        "denom": "ubtsg",
        "amount": "133333000000"
      }
    },

Distribution params

    "distribution": {
      "params": {
        "community_tax": "0.020000000000000000", // 2%
        "base_proposer_reward": "0.010000000000000000", // 1%
        "bonus_proposer_reward": "0.040000000000000000", // 4%
        "withdraw_addr_enabled": true
      },
      "fee_pool": {
        "community_pool": []
      },
      "delegator_withdraw_infos": [],
      "previous_proposer": "",
      "outstanding_rewards": [],
      "validator_accumulated_commissions": [],
      "validator_historical_rewards": [],
      "validator_current_rewards": [],
      "delegator_starting_infos": [],
      "validator_slash_events": []
    },

Mint params

    "mint": {
      "minter": {
        "inflation": "0",
        "annual_provisions": "0"
      },
      "params": {
        "mint_denom": "ubtsg",
        "inflation_rate_change": "0.130000000000000000", // 13%
        "inflation_max": "0.200000000000000000", // 20%
        "inflation_min": "0.070000000000000000", // 7%
        "goal_bonded": "0.670000000000000000", // 67%
        "blocks_per_year": "5733820" // ~5.5sec per block
      }
    },

Gov params

    "gov": {
      "starting_proposal_id": "1",
      "deposits": null,
      "votes": null,
      "proposals": null,
      "deposit_params": {
        "min_deposit": [
          {
            "denom": "ubtsg",
            "amount": "512000000"
          }
        ],
        "max_deposit_period": "1296000000000000" // 15 days
      },
      "voting_params": {
        "voting_period": "1296000000000000" // 15 days
      },
      "tally_params": {
        "quorum": "0.400000000000000000", // 40%
        "threshold": "0.500000000000000000", // 50%
        "veto": "0.334000000000000000" // 33.4%
      }
    },

Staking params

    "staking": {
      "params": {
        "unbonding_time": "1814400000000000", // 21 days
        "max_validators": 64,
        "max_entries": 7,
        "historical_entries": 0,
        "bond_denom": "ubtsg"
      },
      "last_total_power": "0",
      "last_validator_powers": null,
      "validators": null,
      "delegations": null,
      "unbonding_delegations": null,
      "redelegations": null,
      "exported": false
    },

Slashing params

    "slashing": {
      "params": {
        "signed_blocks_window": "10000", // ~15.2h @ 5.50s block time
        "min_signed_per_window": "0.050000000000000000", // can be down for up ~14.4h without slashing
        "downtime_jail_duration": "3600000000000", // 1h
        "slash_fraction_double_sign": "0.050000000000000000", // 5%
        "slash_fraction_downtime": "0.010000000000000000" // 1%
      },
      "signing_infos": {},
      "missed_blocks": {}
    },