How to Run a Validator on BNB Smart Chain

Intermediate

 

How to Run a Validator on BNB Smart Chain

Welcome to the tutorial on “How to Run a Validator on Binance Smart Chain”. In this guide, we will walk you through the process of setting up a validator node on the Binance Smart Chain (BSC) and running it effectively.

Validators play a crucial role in maintaining the security and stability of a blockchain network by validating transactions and producing new blocks. Running a validator on the BSC can be a profitable venture, as it rewards participating nodes with Binance Coin (BNB) tokens.

Whether you are a seasoned blockchain professional or a beginner looking to learn more about the technology, this tutorial will provide you with a step-by-step guide on how to get started with running a validator on the Binance Smart Chain. So let’s get started!

Validator Hardware Requirements

  • VPS running recent versions of Mac OS X or Linux.

  • IMPORTANT 2T GB of free disk space, solid-state drive(SSD), gp3, 8k IOPS, 250MB/S throughput, read latency <1ms (if start with snap/fast sync, it will need NVMe SSD)

  • 16 cores of CPU and 64 gigabytes of memory (RAM)

  • Suggest m5zn.3xlarge instance type on AWS, or c2-standard-16 on Google cloud.

  • A broadband Internet connection with upload/download speeds of 10 megabytes per second

Setting up Validator Node

Install BSC Fullnode

Follow the instructions on how to run a full node

Start Validator Node

 

Warning

Please do not expose your RPC endpoints to the public network.

## generate the consensus key and input the password
echo {your-password to the mining account} > password.txt
geth --config ./config.toml --datadir ./node --syncmode snap -unlock {the address of your mining account} --password password.txt  --mine  --allow-insecure-unlock --cache 18000

 

Post Running

Monitor node status

To get started quickly, run GethExporter in a Docker container.

docker run -it -d -p 9090:9090 \
  -e "GETH=http://mygethserverhere.com:8545" \
  hunterlong/gethexporter

 

 

Update the validator profile

You can submit a PullRequest to this repository to update your information: Reference:

Publish Validator Information

Please submit a Pull Request to this repo

This repository is a place for validator candidates to give potential delegators a brief introduction about your team and infrastructure, and present your ecosystem contributions.

Stop Validating

You can stop mining new blocks by sending commands in geth console

Connect to your validator node with geth attach ipc:path/to/geth.ipc

miner.stop()

 

To resume validating,

miner.start()

 

With this, you complete this workshop successfully!!