Slashing is one of the most desired features of Incognito’s core protocol where it comes to help increase reliability and validity for the network.
How does slashing help the network?
The network will be able to detect inoperative and misbehaving validators and replace them with better validators. A node is called inoperative and gets slashed when it doesn’t contribute 50% of required votes in an epoch where “required votes” is defined as the average number of blocks produced in a particular shard. If a node is slashed, the 1750 staked PRV would be returned back to the node operator and they may re-stake at a later time. After slashing has been active for some time, this will increase the stability of the network as the network will utilize “healthy” validators.
A different thing from Slashing V1 is that rewards from slashed nodes will be distributed evenly to remaining validators in a committee. This will help increase fairness among validators and motivate node owners to maintain their nodes’ operation.
What should community validators do to avoid getting slashed?
In order for nodes to avoid getting slashed, a node owner needs to keep an eye on nodes’ status and contact the Support team for assistance right away if they are not working well. Please don’t ignore it since your nodes won’t be rewarded anymore if they don’t contribute to the network.
For pNode, we’re going to send an email to all pNode owners to inform you about the Slashing so that you can be aware of the change and take necessary actions in time. We’ve also implemented a way to distinguish between a node unstaked proactively by a node owner and a slashed node so that we can help you re-stake for the latter case.
Thank you for your support!