Change the permissions to "Followers can post"?
Dear space owner, could you please change the space permission to "Followers can post" for now? There is an issue with "Eveyone can post" – if applied, then other people cannot like or comment on posts in such spaces. There is no known issues with "Followers can post" though.
I'm lost in Cryptoland
This is a forum where nominators can discuss the validating process.
What is a Nominator? Nominators secure the Relay Chain by selecting good validators and staking DOT.
You may have an account with DOT and want to earn fresh DOT. You could do so as validator, which requires a node running 24/7. If you do not have such node or do not want to bother, you can still earn DOT by nominating one or more validators.
By doing so, you become a nominator for the validator(s) of your choice. Pick your validators carefully - if they do not behave properly, they will get slashed and you will lose DOT as well. However, if they do follow the rules of the network, then you can share in staking rewards that they generate.
While your DOT are staked by nominating a validator, they are 'locked' (bonded). You can receive new DOT in your account but you cannot stake as validator or transfer DOT away from your account. You can un-nominate at any time to stop staking your funds. Keep in mind that the un-nomination is effective in the next era, and that un-nominating does not automatically unbond your funds. There is an unbonding period of 7 days on Kusama and 28 days on Polkadot before bonded funds can be transferred after issuing an unbond transaction.
4 comments