Waterfall is a highly-scalable smart contract platform for the development of various decentralized applications (dApps). The distributed protocol is based on DAG (Directed Acyclic Graphs) technology, with fast finality Proof-of-Stake (PoS) consensus. You can find more info here.
You will need 32,000 $WATER coins to begin running a Node – each Validator requires 32,000 $WATER coins to get started. Check out $WATER on Gate.io.
There are 3 ways to set up and run a Node:
Yes, you can deploy your server to cloud services like AWS, DigitalOcean, Hetzner, etc.
No, in such a case your Validator will incur penalties. However, you can deploy your Node to an infrastructure provider to ensure it is operational 24/7, helping your Validator to avoid penalties.
If the server is not working for any reason, a penalty is imposed on the Validator. You can temporarily turn off the Validator and withdraw your $WATER. After the server is up and running again, you can re-stake your $WATER.
The value in relation to fines will vary depending on the number of Validators (reward per day).
No, you will only get rewards if you become a Validator.
You can find your rewards statistics here.
Follow this link to view the full requirements.
You can use any Ethereum-compatible wallet, such as MetaMask. Here is the configuration.
You can run a maximum of 256 Validators per a single Node. Follow this link with requirements.
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