Introducing Paloma LightNode V2 features for the flock! Let’s COO!
Listen to the Podcast for this Wings here: x.com
REMINDER WARNING:
The New Hatchling Paloma Network of
tumbler
(v2.3.2) and the Pigeon relay module are on v2.3.3 Paloma is nearly two years old and its Cosmwasm and EVM contracts are still unaudited and undergoing continuous upgrades on the protocol and its smart contracts. The GRAIN token is available on the Paloma mainnet but is not yet trading on exchanges. Although the flock is flying on the
tumbler
mainnet, it is still subject to the continued development of Paloma’s cross-chain messaging system and the security guarantees offered by the GRAIN token. We expect
tumbler
to experience weekly chain halts and chain restarts for upgrades. We also expect numerous undiscovered bugs and vulnerabilities. No one on this project controls or influences the price of GRAINs. The community will strive to preserve the mainnet state, which includes balances, but considers this mainnet high-risk. Proceed with caution.
The Paloma LightNode client is a computer program that Paloma authorizes to mint GRAINs from the Paloma Foundation’s treasury to delegate as stake with Paloma validators relaying messages between Paloma and multiple blockchains. The Paloma LightNode client keeps the validators’ powers as even as possible so that Paloma has a lively network of message relay activity on blockchains like Base and Ethereum.
Without the Paloma LightNode network, keeping multiple blockchain communications between Paloma and other blockchains will be very expensive and challenging. Without a LightNode, stakers would constantly have to manually check their validators’ performance and commission rates. Without a LightNode, users must manually and painfully redelegate stakes to the best-performing validators. Paloma LightNode makes it easy to be a staking member of the Paloma network. Paloma LightNode protects your stake and rewards. Paloma LightNodes also receives work rewards through cross-chain communication fees generated by apps that use Paloma to communicate with multiple smart contracts between blockchains.
Today, we will share a technical deep dive into the Paloma AI v2 LightNode features and commands. The objective is to ensure that we have a full explanation of all the features and the migration path for users on the v1 version. As we look towards v3, we’ll also mention what features in v2 are telling us about the Paloma AI Lightnode user and what they demand from the software.
To get the new v2 client, upgrade by purchasing ONE new Paloma LightNode license at
https://www.palomachain.com/purchase/
. Upgrades currently cost $40 at the current tier. Purchase of the upgrade will also add another 5,000 GRAIN tokens to their LightNode for minting on the Paloma network. The best way to fatten a pigeon is to feed a pigeon! Users can use the LightNodes Promo code to get 5% off and 10% cash back. All LightNode users are encouraged to use the Promocode feature on the Paloma BuyMore Board when logging in!
Yes, you can use your promo code for upgrade discounts. If you don’t have a promo code as yet, login and request one from the Paloma BuyMore Board:
https://www.palomachain.com/buy-more-board/?type=board_login
The download and Docker setup instructions after purchase are available here:
https://www.palomachain.com/purchase/instructions/
. Instructions are included for MacOS, Windows, Linux, and VPs.
To check which version of the Paloma LightNode you are on, just run the version command
If you are on version two, you will see v2 appear in the results like these below.
Digest: sha256:fd825eef44fb5788b6dca16b0e7a771388c05a5254cf6c15e5582d3b3a0ae5b3 Status: Downloaded newer image for palomachain/lightnode-client:v2 Paloma Lightnode v2
If you see the v1, you’ll need to purchase a Paloma AI LightNode v2 version from the purchase page here:
https://www.palomachain.com/purchase/
with your promo code discount and then download the v2 script.
To see all the commands, you can run the help command as follows
The list of the available commands will show up like this on your screen:
This is the first command when you download the v2 software. You must setup the node. To run the
setup-node
command, you will need to run either of the following commands
You will be prompted to create the node’s first Paloma LightNode key. The Paloma LightNode Key is the public hash of the Paloma account’s private key. The private key will consist of 24 keywords you’ll need to store and will be challenged to paste into the terminal. Once you have pasted in the keywords, you’ll be asked to create a passphrase. The passphrase is the password lock for the lightnode on your computer. This lock prevents access to your private keys stored on your computer without the password. You’ll be challenged to enter the password with three chances. If you fail, you’ll need to start setup again. The Paloma address created must not be funded with GRAINs from your other wallets before activation. The passphrase step is tricky as Cosmos software prompts for this password and can be misleading. Users must always use this as a password and store the password in a safe place, preferably where you stored your 24-word mnemonic.
When you buy multiple nodes, their licenses are attached to an individual Paloma address for each node. Thus, a new Paloma address with a new mnemonic must be generated whenever a new light node is purchased. The command to add the new LightNode key and address is as follows:
For crypto whales and sharks who want the extra security of a hardware wallet, the command
add-ledger
allows the user to add a LightNode from a Paloma address generated by the Ledger hardware wallet. We recommend all users use the most robust security possible for storing keys, and a hardware wallet is much more secure than a private key stored on your computer. With the hardware wallet, the keys are not stored on your computer. They are stored on your Ledger—the command to add the Ledger wallet keys.
Ledgers also allow users to specify the address index of the Ledger path. This may be needed if the ledger has a Paloma address with grains. The index can be any number, and so all that is required to specify the index is to add a number after the
add-ledger
command. Paloma uses the default index as 0 in
add-ledger 0.
Thus, specifying any other number than
0
will use that number as the index for the ledger address.
This lists the Paloma keys and their names on the Paloma AI Lightnode.
This command lists both locally derived keys and ledger keys. However, the Paloma AI Lightnode list does not identify which key is a ledger or local key.
This is one of the critical features of the Paloma LightNode, which allows anyone to recover keys into their nodes without needing external support. If your 24-word passphrase is safely secured, you can always recreate a node after a software upgrade, hardware upgrade, or machine switching. Import keys also allow anyone to import other Paloma addresses with GRAINs they wish to delegate to stake. The Paloma LightNode will delegate from all imported keys on the node. However, one license must be purchased to auto-delegate mined tokens for staking. To import keys, run the command:
The import key command is the most important command but requires users to store their 24-word mnemonic securely
Users who have ledgers with GRAINs or setup ledgers as their LightNode license will use this command to import their ledger accounts into Paloma.
To import ledger keys, run the command:
This command removes addresses from the Paloma AI LightNode that you do not want active mining or staking of GRAINs. This command will work on both local keys and ledger-imported keys.
To import ledger keys, run the command:
The activate command is the on-chain command that queries the Paloma protocol for the license registration of the Paloma address and EVM address linked to the Paloma AI LightNode license purchase. However, this command is run after the user follows the install instructions to activate their LightNode on the Paloma Buy More Board. The link to the BuyMore board for the first activation step is here:
https://www.palomachain.com/purchase/login/?type=board&redirect=/buy-more-board
. Once that is complete, users can then run the
activate
command on the Paloma LightNode=
To activate the Paloma AI lightnode after web-based activation, run the command:
This command is less used and works automatically when using
automate
. It is ideal for users who don’t wish to keep their Paloma AI Lightnode actively mining but wish to claim rewards from their already delegated stake. This command does not redelegate rewards and allows users to withdraw rewards for trading on PalomaDEX or across any Paloma-supported chains and their bridges on the Paloma Skyway Bridge module.
To claim GRAIN rewards accrued from active mining and delegating:
The redelegate command is useful for users who import non-Paloma LightNode keys with GRAIN balances into their LightNode. To stake these balances, users will need to run the
redelegate
command on their node.
To claim GRAIN rewards accrued from active mining and delegating:
Paloma mining consists of two actions: mining GRAINs over the two-year license period, staking the mined GRAINs to the Paloma validator set, and receiving rewards for that stake. The staking activity is important for Paloma as it aims to provide an automated process whereby validators can receive GRAINs stakes without excessively lobbying users for stakes. Also, the automated mining and delegating of GRAINs to validators maintains the Paloma balance of staking powers on the network so that smaller validators can reduce their difference in stake with bigger validators.
Running the
automte
command requires keeping the terminal window open. The Paloma team is working on v3 of the Paloma LightNode that will allow users to run the LightNode as an application without the need to keep the command line terminal or PowerShell terminal open.
To automate LightNode mining and delegation
The node-recover command follows the import-key command to restart a paid license that must be transferred to another computer. First, users import their keys for their LightNodes into the new installation and then run this command to activate the
free-grant
functionality from the Paloma protocol, which allows the node to use Paloma for gas fees required to execute transactions on the network.
To recover the node license after running the
import-key
command.
The unbond command allows Paloma AI Lightnodes to unstake GRAINs for delegation. Unbonding takes 21 days after the command. Unbonding GRAINs will be available to bridge to and from any EVM supported by the Paloma blockchain.
To unbond, run the command.
Since unbonding takes 21 days, checking the status of the unbonding provides the number of days left to unbond.
To check how many GRAINs are unbonding, run the command.
The Paloma AI LightNode also has basic wallet functions to send GRAINs to other Paloma addresses. This allows users to transmit GRAINs to any Paloma-based applications via the Paloma address.
To send GRAINs to another Paloma address, run the command.
Paloma LightNodes makes it easy to vote on proposals from on-chain governance. Governance is how Paloma GRAIN holders influence changes in the protocol and its parameters.
To vote on a governance proposal, use the command
If you need help, please open a ticket in Discord here:
.
The
Aachen Lacquer Shield Owl
(
German
:
Aachener Lackschildmövchen
) is a breed of
fancy pigeon
developed over many years of
selective breeding
. Aachen Lacquer Shield Owls along with other varieties of domesticated pigeons are all descendants of the
rock dove
(
Columba livia
).
Source:
Welcome to the new version of Paloma. Paloma now allows any developer to leverage Paloma to create and distribute tokens to trade on any target chain. Paloma LightNodes v2 features have been thoroughly tested and are working for thousands of new LightNode pigeons on the Paloma network.
We now explore new features for v3 that will enable the LightNodes to communicate with other chains on Cosmos, EVM, Move and Solana ecosystems. The Paloma team is grateful to all the users who have helped and assisted with debugging and growing the flock. The Paloma flock is a strong flock and a growing flock. Let’s COO! COO!
Stay up to date and follow the Paloma public repositories and the commits of ongoing upgrades to the Paloma Cosmos-SDK blockchain and the Pigeon relay module here:
To follow the project on Github, please star the project:
To participate in the community, please join the Paloma Discord: