Becoming a delegate for the Ripa Ecosystem is a serious responsibility. In Delegated-Proof-of-Stake (DPoS) networks, only a select few are chosen to administer the network nodes that maintain the security and stability of the entire network. At launch, only 101 such delegates will exist. You are here because you are a prospective candidate to fill one of those delegate positions. While the path to nomination won’t be an easy one, we would like to lay out some details and relevant information that we think will be invaluable for you in your journey to joining the delegation.
The primary motivator for many will be the most simple; revenue. Ripa delegates will earn a 2 XPX per block forging reward for securing the network and actively signing blocks. That means, if you want the XPX equivalent of Bitcoin mining, active delegation is it. If you are entrusted with one of the 101 delegate positions within Ripa, you will earn approximately 200 XPX per day or around 6,000 XPX per month for one of the servers that powers the Ripa network. Depending on the valuation of XPX, that could be a substantial revenue stream. Keep in mind, this won’t be an easy job and requires dedication and quite a bit of maintenance.
Outside of monetary considerations, another strong motivator is influence. Delegates are elected representatives of the Ripa token holders. As such, they have a stronger voice when proposing ideas or changes to the underlying network. Ripa is an open source, open community project that relies heavily on contributions from token holders and delegates alike. The Ripa Crew, together with the active delegation, will pave the way forward for years to come.
There are countless other reasons to get involved in Ripaex as a delegate. From the sense of community and accomplishment that comes with being on the inside of a cutting edge Crew, to the lasting friendships that will be formed by the tightly knit group of delegates, Ripa will provide a sense of community not seen in the crypto space in years. There are 101 slots available for delegates, the real question is, why shouldn’t it be you?
We won’t lie to you, being a Ripa delegate won’t always be easy. It requires a base understanding of network technology, an ability to use the Linux command line, and some upfront costs to get a properly spec’ed server up and running. The good news is, even if you have never seen a command prompt before, we will have step-by-step tutorials to help you get started and a community willing to teach anyone who is eager and ready to learn. If you aren’t quite there yet, it’s OK! With a little bit of time, we will have you reading logs and implementing security measures like a pro!
Aside from the technical aspects, delegates should have a strong backbone (crypto is full of trolls), be almost fanatic in their love of blockchain technology, and have a fairly open personality. Being an active delegate means being active, engaged, and visible to the community. Remember that at the end of the day, you need the vote and confidence of the community and stakeholders to be nominated to the top 101 spots.
If that all sounds good to you, we’re glad you’re here!
Still here? Great! You’re already well on your way to winning us over! This is the part where we give you the inside track on how to woo over the community and break into the 101. While we can’t guarantee you anyone’s vote (that part is up to the community), the following activities will definitely help your chances of being recognized and gaining favor from Ripa’s all over the world!
Be active in the community. That means visiting the Ripaex slack channel,Ripaex Official forum, Telegram daily, and getting to know the members of the Ripaex Crew and community. Whether you spend your time in general chat, delegate channels, or coming up with ideas for bridged technologies, getting active, and getting your name out there will go a long way.
If you take the above steps and get involved, get to know the community, and lay out a detailed plan on how you intend to help build and grow Ripa, you stand a much greater chance of breaking into the top 101. We won’t lie and tell you it will be easy, but if you are dedicated, and work at it, being an active delegate is well within your reach. We are excited to have you here and can’t wait to read your delegate proposals and to get to know you in chat! If you are serious in your quest to become an Ripa delegate, we are rooting for you!
Any questions, feel free to ask a team member in Slack or Telegram
Bitcointalk ANN: bitcointalk.org/index.php?topic=3759172