Klever Finance
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Klever Finance
Klever Blockchain
Introduction
System requirements
How to create a wallet
How to run a node
How to stop a node
How to backup DB folder
How to restart a node
How to Upgrade node (docker image version)
How to send using CLI
Become a Validator
Become a validator
Staking
How to stake
How to unstake
How to withdraw
How to claim rewards
Delegation
How to delegate to others
How to undelegate
About our Technology
Entities
Consensus
Chronology
Producers
Fees
Network
Staking and Rewards
KLV and KDA
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Chronology
Based on Proof of Stake network, Klever chronology is organized into slots and epochs.

Slot

A slot is the minimum time delay between each block, before an elected Masternode proposes a new block. The initial slot time is 4 seconds and can be updated by a network proposal.

Epoch

Epochs are sets of slots defined by a fixed time; each epoch lasts 6 hours. This parameter can also be upgraded by a network proposal. At the end of each epoch, a new set of masternodes will be selected as the next Epoch validators.

Masternodes

When an epoch starts, initially 21 masternodes (this number can be changed by network proposal) are randomly chosen to be the validators for that epoch according to the previous hash. A masternode can be chosen to be a validator more than 2 times in a row.
Once elected, a masternode is guaranteed to remain elected for 2 epochs.
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Producers
Last modified 8mo ago
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Contents
Slot
Epoch
Masternodes