Blockchain

Komodo’s Seventh Annual Notary Node Election


The Komodo team is excited to announce the details of the 7th Annual Notary Node Election.

Candidates: The deadline for submitting candidate proposals is from April 1, 2023 to April 21, 2023, 23:59:59 UTC.

Voters: Election begins on April 14, 2023 and ends with the first notarized block (inclusive) after April 30, 2023, 23:59:59 UTC.

Full Details – Read Notary Node Bible Sumbit Your Candidate Proposal View Candidates and Vote Count

*The voting website (vote.dexstats.info) will be updated prior to the voting period.

Notary Nodes and dPoW Overview

Notary nodes are 64 dedicated servers that are selected annually by the Comodo community. They are responsible for running Delayed Proof of Work (dPoW) – a security mechanism that recycles the hash rate of the Litecoin network through a series of cross-chain notarizations.

dPoW has successfully defended against an actual 51% of attack attempts and currently secures over 30 production blockchains, protecting several hundred million dollars worth.

Notary Node (NN) Election Timeline

There will be live election counts on community run websites like dexstats.info. Ask any question in the Notrenode channel on Comodo Discord.

We will update the calendar regularly with information during the election.

✅ = milestone accomplished

March 17, 2023

Election announcement

April 1, 2023

– Season 7 Candidate Proposal window opens

April 7, 2023

– VOTE2023 Snapshot

– Season 6 Notary node scoring ends at 23:59:59 UTC

April 14, 2023

— VOTE2023 Airdrop/voting window opens

– AtomicDEX VOTE2023 support go live, released with support for third-party wallets (Verus, Ledger and Trezor)

— Season 6 Self-Elect Winners Announced

– Testnet period begins

April 21, 2023

— Season 7 Candidate Proposal Window closes at 23:59:59 UTC

April 30, 2023

– Season 7 voting window closes on first notarized block (inclusive) after 23:59:59 UTC

– testnet expired

May 7, 2023

Season 7 winners announced

May 22, 2023

– Winner PubKey Submission Deadline

June 30, 2023

— dPoW Season 7 begins (exact date subject to change)

Green: NA, Yellow: EU, Red: SH, Blue: AR How to Enroll

Candidates do not need to be a current member of the Comodo community or know anything about the inner workings of Comodo’s technology.

Candidates must have or have access to two computers that meet the following requirements:

OS: Linux is mandatory. Ubuntu 20.x or Debian 11.x recommended. CPU: A high-performance CPU, such as Xeon, i7/i9, Ryzen, EPYC, etc. RAM: 64 GB or more Disk: 1 TB SSD or more Bandwidth: 100 Mbps or higher

To participate in the Notary node election, all candidates must submit a written proposal to the Notary node repository on GitHub. Proposals may include, among other things, a brief bio, motivation for participating in the poll, and planned contribution to the Komodo ecosystem.

At a minimum, a candidate’s proposal must state which constituency they are running for and post an address to which KMD community members can send VOTE2023 tokens. Candidates can choose to run for a seat in one of four regions. This means that, at most, an individual candidate can seek 1 notary node position in their first election participation.

Those who wish to participate in the 2023 Notary Node Election must declare their candidacy by April 21, 2023, 23:59:59 UTC.

In general, the Komodo community elects notary node operators who are committed to the development of the ecosystem. If your primary motivation is personal financial gain, you may find it difficult to obtain endorsements.

Conversely, even if you are a strong supporter of the Komodo ecosystem, you may fail to win a seat if your technical skills are lacking. The balance of both attributes – dedication to the Komodo ecosystem and strong technical capability – is the ideal combination.

For more information on participating in elections, please refer to the document for setting up a Notary Node and read the Notary Node Bible, which includes more information on the duties and responsibilities of a Notary Node operator.

If you are interested in becoming a candidate for the Notary node election, please join the Komodo Discord to connect with the team and other community members. The community is more than happy to answer questions and provide support.

last election

First annual no. Election (2017)

Second annual no. Election (2018)

3rd annual no. Election (2019)

Fourth annual no. Election (2020)

Fifth Annual N.N. Election (2021)

6th Annual N.N. Election (2022)

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