SherpaX Mainnet Custodian Election

1. What is SherpaX Custodian?

2. Introduction to SherpaX Custodian Mechanism

During the first election of the trustee, the top 10 of the 11 councillors will serve as the custodians. Starting from the second term, SherpaX will cancel the qualifications for re-election of custodians who were negative in the previous term (for example, a certain custodian is very lazy and rarely or never participates in multi-signature), and then a corresponding number of runners-up will take over as custodians.

3 Rewards for the custodian

4. Requirements for Custodian

(2)Have a certain knowledge of blockchain and understand the general process of asset cross-chain transactions.

(3)Have enough time to participate in multi-signature work.

(4)Since the work of the custodians will be carried out in ComingChat, you need to be familiar with the operation of the ComingChat threshold wallet.

Threshold wallet usage tutorial: https://comingchat.medium.com/how-to-get-started-with-btc-threshold-wallet-8b4dd2dee543

To facilitate the understanding of the process, this article uses 2–3 as an example.

5. How to participate in the election

Link:https://www.coming.chat/group/#EjcKILjP1IkCvorqWmXaXlY7fzrNvxp5mW4qqK19etD8oh2nEhCxJ3sIHnNv7tvHFe8mvTzzGKci

Excellent SherpaX custodians have more opportunities to become the custodians of ChainX.

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SherpaX, an independent research and development network priming them for mainstream application on ChainX.

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SherpaX

SherpaX, an independent research and development network priming them for mainstream application on ChainX.