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TinTinLand Web3 Theme Learning Month is a monthly theme learning activity initiated by TinTinLand. Every month, we will join hands with famous projects to create a systematic and interactive learning platform to help developers continuously improve their skills and keep up with the cutting-edge development of Web3 technology.
🧑🏫 Speaker: Alex Liu,
📖 Outline: CESS Consensus Node SetUp
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date : 2024-09-01 10:30:47
views : 8
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CESS Consensus Node Setup
In this video, a Web3 DeFi tech editor demonstrates how to set up a Cess consensus node on the Cess Venus test net. A consensus node is a crucial part of a blockchain network, ensuring the integrity and security of the data. To get started, the editor outlines the necessary hardware and software requirements, including a specific version of Ubuntu, Intel SGX, and public IP.
The editor then guides the viewer through the process of preparing Cess wallet accounts, which involve staking at least 3 million Cess tokens (10 million as of the video’s recording date). They demonstrate how to bind funds, install the Cess node ADM client, and configure the node to run as a full node.
To set up the node, the editor executes a series of commands, including setting the authority, trusted execution environment workers, and remote attestation method. They also specify the stash and controller accounts, which require a minimum staking amount.
Once the node is set up, the editor generates a session key and links it to the staking account. They also configure the node to start generating blocks and earn rewards. The video concludes by showing how to stop the consensus node, unbind funds, and withdraw stakes.
By participating in the Cess network as a consensus node, individuals contribute to the decentralization and security of the blockchain. This setup process is an essential step in becoming an active participant in the Web3 ecosystem.
General Web3 Facts:
- Web3 refers to the decentralized, blockchain-based internet, with the aim of creating a more transparent, secure, and autonomous online environment.
- Decentralized Finance (DeFi) is a key application of Web3, enabling financial services and instruments without intermediaries.
- Blockchain technology relies on nodes, which validate and relay transactions, to maintain the integrity of the network.
- Consensus nodes are a critical part of this process, ensuring that nodes agree on the state of the blockchain and validate transactions.
