From f6f3a1276678c62cc7d4c112c09485e3d5003a96 Mon Sep 17 00:00:00 2001 From: Christopher Portmann Date: Mon, 27 Jan 2025 12:24:45 +0100 Subject: [PATCH] Added the required clarifications --- source/mainnet/docs/protocol/concepts-baker.rst | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/source/mainnet/docs/protocol/concepts-baker.rst b/source/mainnet/docs/protocol/concepts-baker.rst index a0c3081e66..4f5f40fd85 100644 --- a/source/mainnet/docs/protocol/concepts-baker.rst +++ b/source/mainnet/docs/protocol/concepts-baker.rst @@ -12,13 +12,13 @@ Validation is key to the Concordium blockchain. A :term:`node` is a validator no Stake and lottery ================= -A validator needs to :term:`stake` a part of its CCD balance on the validator account. Later, the validator can then manually release a part of or all of the staked amount. The staked amount cannot be moved or transferred until it's released by the validator. +A validator needs to :term:`stake` a part of its CCD balance on the validator account---at least 500'000 CCD---which is then locked. At any point, the validator can manually release a part of the staked amount---as long as the minimum 500'000 CCD remain staked---or close down the validator and release everything. Unstaked CCD goes through a :term:`cool-down`, during which it does not earn rewards. Once the cool-down is over, the CCD is unlocked and available in the wallet to be moved or transferred. .. note:: If an account owns an amount that was transferred with a release schedule, the amount can be staked even if it hasn't been released yet. -To be chosen to produce a block, the validator must take part in a *lottery*. The greater the validator's stake, the greater the validator's chance of :term:`winning the lottery` and being selected to produce a block. +All validator automatically take part in a *lottery* every round, to decide who will produce the next block, see :term:`leader election`. The greater the validator's stake, the greater the validator's chance of :term:`winning the lottery` and being selected to produce a block. Overview of the validation process ================================== @@ -29,7 +29,7 @@ Overview of the validation process #. Bob then broadcasts the block to all peers. -#. If the block is valid, the validators will sign it. +#. If the block is valid, i.e., it is well-formed and correctly placed in the chain, the validators will sign it. #. If the combined effective stake of the validators who sign the block is *greater than or equal to* two-thirds of the total stake, the block gets a :term:`Quorum Certificate` (QC) that certifies that this is a valid block. Without the QC the new round cannot progress.