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🌐 How To Run A Theta Guardian Node 🌐
January 03, 2023
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(Dinarian Financial Advice: EVERYONE NEEDS TO RUN AT LEAST ONE GUARDIAN NODE, IF NOT, YOU WILL REGRET IT LATER.. TRUST ME!)
 
Download the installation file

Please download the latest installation file from here for WindowsmacOS (only supports > 10.15.x catalina), or Ubuntu Linux. If you prefer to run your guardian node on Mac or Linux from the command line, please follow the instructions here.

Install and launch the Guardian node

When you run the Guardian Node app for the first time you'll see a welcome screen with instructions:

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Click "Continue", then create your GN password and click "Create Node". You may see a Windows message asking you to allow access for the Theta app; click "Allow access" to continue. You can also choose which folder you want to the Guardian Node to save data to.

Allow your Guardian Node to sync to the Theta blockchain. This first time can take some time as you process all the blocks since the latest snapshot available (typically should be less than 10 minutes).

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Once your node has synced, you'll see the summary of your node under Guardian Node Holder (Summary). You'll use this to stake your THETA tokens to your Guardian Node. If you need to stake tokens using the QR code, please click on the QR code image to enlarge it first, and then you'll be able to scan it.

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Stake to the Guardian node

Now that you have the summary of your node, you can proceed to stake some tokens to it to make it a full guardian node. Please follow the instructions here for the steps to stake from Web Wallet here. If you want to stake from your Mobile Wallet, please follow the steps here.

Verify the Guardian node

After completing the staking transaction the Guardian Node app will display your current stake, total TFUEL earnings, session TFUEL earnings, and your node connectivity.

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You can verify the staking transaction was completed by entering your wallet address or staking address in the Mainnet block explorer. You can also verify your earnings in the Theta Wallet. Remember to select Mainnet from the drop down menu.

TFUEL earning

The Guardian Node app will display your total TFUEL earnings and session TFUEL earnings, or you can also see all of your TFUEL earnings earned by checking your wallet address in the Mainnet block explorer. Guardian Node TFUEL earnings are awarded every 100 blocks, or approximately every 10 minutes in a probabilistic method. At each 100 block checkpoint, there are 200–300 stakers randomly selected (weighted by their stake) to divide the block rewards. A large staker (ex. with 100K+ THETA stake) should expect to receive a reward every 2.5–3 hours or so (not guaranteed, just expectation). A 100K staker should have at least 98% likelihood to receive a reward every 10 hours. Conversely, a 1,000 THETA staker may only see a TFUEL reward once per month, analogous to a small Bitcoin miner with low hashrate. For the same block though, two stakers with the same stake may NOT receive the same amount of reward. While all nodes will earn TFUEL proportional to their stake over time, it means there can be significant variations in the timing and size of TFUEL rewards between different users.

Withdrawing your stake from the Guardian node

If at a later time you wish to withdraw your stake tokens from the Guardian node, please follow the instructions here.

(Dinarian Note: If for some reason you dont or cant run your own Guardian Node on your Computer the two other options I would recommend are at https://gpool.io/ or https://thetaboard.io/ Contrary to fud out there, both of these are safe, you retain control of your Theta tokens through your personal wallet at all times... any questions you know where to find me.. The worst thing you can do to yourself in crypto is NOT RUN AT LEAST ONE OF THESE GOING INTO 2023 and BEYOND!)

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

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US Dept of Commerce to publish GDP data on blockchain

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The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

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List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain are EternlTyphonVesprYoroiLaceADAliteNuFiDaedalusGeroLodeWalletCoin WalletADAWalletAtomicGem WalletTrust and Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention to Non-Custodial and Compatibility fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

Source

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💳 PayPal: 
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XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

 

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