Delegator CLI Guide
This document contains all the necessary information for delegators to interact with the f(x)Core through the Command-Line Interface (CLI).
It also contains instructions on how to manage accounts, restore accounts from the fundraiser and use a ledger nano device.
Very Important: Please ensure that you follow the steps hereinafter carefully, as negligence in this process could result in a loss of your FX. Therefore, do read through the following instructions in their entirety before proceeding and reach out to us in case you need any support.
Please also note that you are about to interact with the f(x)Core, a blockchain technology containing highly experimental software. While the blockchain has been developed with state of the art technology and audited with utmost care, we may still expect to have issues, updates and bugs. Furthermore, interaction with blockchain technology requires advanced technical skills and always involves risks that are outside our control. By using the software, you confirm that you understand the inherent risks associated with cryptographic software and that the FunctionX team will not be held liable for potential damages arising out of the use of the software. Any use of this open source software released under the Apache 2.0 license is done at your own risk and on an "AS IS" basis, without warranties or conditions of any kind.
Please exercise extreme caution!
Table of Contents
Installing fxcored
fxcored
fxcored
: This is the command-line interface (CLI) to interact with a fxcored
full-node.
Please check that you have downloaded the latest stable release of
fxcored
[Download the binaries]
fxcored
can be interacted with via a terminal. To open the terminal, follow these steps:
Windows:
Start
>All Programs
>Accessories
>Command Prompt
MacOS:
Finder
>Applications
>Utilities
>Terminal
Linux:
Ctrl
+Alt
+T
f(x)Core Accounts
At the core of every f(x)Core account, there is a seed, which takes the form of a 12 or 24-words mnemonic. From this mnemonic, it is possible to create multiple f(x)Core accounts, i.e. pairs of private key/public key. This is called an HD wallet (see BIP32 for more information on the HD wallet specification).
The funds stored in an account are controlled by the private key. This private key is generated from the mnemonic using a one-way function. If you lose the private key, you can retrieve it using the mnemonic. However, if you lose the mnemonic, you will lose access to all the derived private keys. Likewise, if someone gains access to your mnemonic, they gain access to all the associated accounts.
Do not lose or share your 24-word mnemonic with anyone. To prevent theft or loss of funds, it is best to ensure that you keep multiple copies of your mnemonic, and store it in a safe, secure place that only you have access to. If someone has your mnemonic, they will be able to gain access to your private keys and control the accounts associated with them.
The address is a public string with a human-readable prefix (e.g. fx1hs3tfedle32zzr5dh38gzzfn9ak2f4a9je4pf6
) that identifies your account. When someone wants to send you funds, they send it to your address. It is virtually computationally impossible to derive the private key from a public address.
On a Ledger Device
At the core of a ledger device, there is a mnemonic used to generate accounts on multiple blockchains (including the f(x)Core). When you first initialize your ledger device, you will create a new mnemonic. It is possible to import an existing mnemonic into a ledger device instead. Let us go ahead and see how you can import a mnemonic into your ledger device. For more on how to restore from a recovery phrase, refer here.
NOTE: To import a mnemonic into a ledger, it is preferable to use a brand new ledger device. There can only be one mnemonic per ledger device. If you want to use a ledger that is already initialized with a seed, you can reset it by going into
Control Center
>Settings
>Security
>Reset Device
. More on how to reset your ledger device can be found here. Please note that this will wipe out the seed currently stored on the device. If you have not properly secured the associated mnemonic, you could lose your funds!!!
The following steps need to be performed on an un-initialized ledger device:
Ensure ledger live is downloaded and installed.
Press the button next to the USB port until the Ledger logo appears to turn on the device.
Read the on-screen instructions. Press the right button to proceed or the left button to go back.
Press both simultaneously when Set up as new device is displayed.
Do NOT choose the "Config as a new device" option. Instead, choose "Restore Configuration"
Choose a PIN
Choose the 24 words option
Input each of the words in the correct order.
Your ledger is now correctly set up with your imported mnemonic! Do not lose this mnemonic! If your ledger is compromised, you can always restore a new device again using the same mnemonic.
Next, click here to learn how to generate an account.
On a Computer
NOTE: It is more secure to perform this action on an offline computer
To restore an account using a mnemonic and store the associated encrypted private key on a computer, use the following command:
<_key_name>
is the name of the account. It is a reference to the account number used to derive the key pair from the mnemonic. You will use this name to identify your account when you want to send a transaction.You can add the optional
--index
flag to specify the path (0
,1
,2
, ...) you want to use to generate your account. By default, account0
is generated.
The private key of account 0
will be saved in your operating system's credentials storage. Each time you want to send a transaction, you will need to unlock your system's credentials store. If you lose access to your credentials storage, you can always recover the private key with the mnemonic.
You may not be prompted for a password each time you send a transaction since most operating systems unlock a user's credentials store upon login by default. If you want to change your credentials store security policies please refer to your operating system manual.
Creating an Account
To create an account, you just need to have fxcored
installed. Before creating it, you need to know where you intend to store and interact with your private keys. The best options are to store them in a dedicated offline computer or a ledger device. Storing them on your regular online computer involves more risk, since anyone who infiltrates your computer through the internet could gain access to your private keys and steal your funds.
Using a Ledger Device
Only use Ledger devices that you bought brand new or that you know is not compromised
When you initialize your ledger, a 24-word mnemonic is generated and stored in the device. This mnemonic is compatible with f(x)Core and f(x)Core accounts can be derived from it. All you have to do is make your ledger compatible with fxcored
. To do so, you need to go through the following steps:
Download the Ledger Live app here.
Connect your ledger via USB and update to the latest firmware
Go to the ledger live app store, and download the "Cosmos" application (this can take a while). Note: You may have to enable
Dev Mode
in theSettings
of Ledger Live to be able to download the "Cosmos" application.Navigate to the Cosmos app on your ledger device
Then, to create an account, run the following command:
This command will only work while the Ledger is plugged in and unlocked
<_key_name>
is the name of the account. It is a reference to the account number used to derive the key pair from the mnemonic. You will use this name to identify your account when you want to send a transaction.You can add the optional
--index
flag to specify the path (0
,1
,2
, ...) you want to use to generate your account. By default, account0
is generated. Just remember to take note of the accounts and index you have stored the keys in your ledger.
You can generate more accounts from the same mnemonic using the following command:
This command will prompt you to input a passphrase as well as your mnemonic. Change the account number to generate an account with a different index.
Do not lose or share your 24 word mnemonics with anyone. To prevent theft or loss of funds, it is best to ensure that you keep multiple copies of your mnemonic, and store it in a secure place that only you know how to access. If someone is able to gain access to your mnemonic, they will be able to gain access to your private keys and control the accounts associated with them.
After you have secured your mnemonic (triple check!), you can delete bash history to ensure no one can retrieve it:
Accessing the f(x)Core Network
In order to query the state and send transactions, you need a way to access the network. To do so, you can either run your own full-node, or connect to an available public node.
NOTE: Do not share your mnemonic (24 words) with anyone. The only person who should ever need to know it is you. Do not that no one from the FunctionX team will ever send an email that asks for you to share any kind of account credentials or your mnemonics.".
Running Your Own Full-Node
This is the most secure option, but comes with relatively high resource requirements and costs. In order to run your own full-node, you need good bandwidth and at least 500GB of disk space.
You will find the tutorial on how to install fxcored
here, and the guide to run a full-node here.
Connecting to a Remote Full-Node
If you do not want or cannot run your own node, you can connect to someone else's full-node. You should pick a full-node operator that you trust, because a malicious operator could return incorrect query results or censor your transactions. However, they will never be able to steal your funds, as your private keys are stored locally on your computer or ledger device. Possible options for full-node operators include validators, wallet providers or exchanges.
In order to connect to a full-node, you will need an address in the form of: https://127.0.0.1:26657
(Note: This is a placeholder). This address has to be provided by the full-node operator you choose to trust. You will use this address in the following section.
Setting Up fxcored
fxcored
Before setting up
fxcored
, ensure that you have found a way to access the f(x)Core network
Please check that you are always using the latest stable release of
fxcored
fxcored
is the tool that enables you to interact with the node that runs on the f(x)Core network.
In order to set up fxcored
, use the following command:
It allows you to set a default value for each given flag.
First, set up the address of the full-node you want to connect to:
If you run your own full-node, just use tcp://localhost:26657
as the address.
Then, let us set the default value of the --trust-node
flag:
Finally, let us set the chain-id
of the blockchain we want to interact with (chain-id for testnet is dhobyghaut):
Querying the State
Before you can bond FX and withdraw rewards, you need to set up
fxcored
fxcored
lets you query all relevant information from the blockchain, like account balances, amount of bonded tokens, outstanding rewards, governance proposals and more. Next is a list of the most useful commands for delegators.
For more commands, just type:
For each command, you can use the -h
or --help
flag to get more information.
Sending Transactions
A Note on Gas and Fees
Transactions on the f(x)Core network need to include a transaction fee in order to be processed. This fee pays for the gas required to run the transaction. The formula is as such:
The gas
is dependent on the transaction. Different transactions require a different amount of gas
. The amount of gas
needed for a transaction is calculated when it is being processed, but there is a way to estimate it beforehand by using the auto
value for the gas
flag. Of course, this only fills in an estimate for the gas of that particular transaction. You can adjust this estimate with the flag --gas-adjustment
(default 1.0
) if you want to be sure you have provided enough gas
for the transaction. For the remainder of this tutorial, we will use a --gas-adjustment
of 1.5
.
The gasPrice
is the price of each unit of gas
. Each validator sets a min-gas-price
value, and will only include transactions that have a gasPrice
greater than the min-gas-price
they have set initially.
Transaction fees
is the product of gas
and gasPrice
. As a user, you can either just fill in the fees
required or you have to fill in both the gas
and gasPrice
. The higher the gasPrice
/fees
, the higher the chance that your transaction will be included in a block.
For mainnet, the recommended
gas-prices
is4000000000000FX
.
Sending Tokens
Before you can bond FX and withdraw rewards, you need to set up
fxcored
and create an account
Note: These commands need to run on an online computer. It is more secure to perform these commands using a Ledger device. For the offline procedure, click here.
Bonding FX and Withdrawing Rewards
Before you can bond FX and withdraw rewards, you need to set up
fxcored
and create an account
Before bonding FX, please read the delegator faq to understand the risk and responsibilities involved with delegating
Note: These commands need to run on an online computer. It is more secure to perform them commands using a ledger device. For the offline procedure, click here.
However,there is a limit to how frequent you can redelegate. For more information on redelegation.
If you are using a Ledger, you will be asked to confirm the transaction on the device before it is signed and broadcast to the network. Note that the command will only work while the Ledger is plugged in and unlocked.
To confirm that your transaction went through, you can use the following queries:
Double check with a block explorer if you interact with the network through a trusted full-node.
Participating in Governance
Primer on Governance
The f(x)Core has a built-in governance system that lets bonded FX holders vote on proposals. There are three types of proposal:
Text Proposals
: These are the most basic type of proposals. They can be used to get the opinion of the network on a given topic.Parameter Proposals
: These are used to update the value of an existing parameter.Software Upgrade Proposal
: These are used to propose an upgrade of the Hub's software.Cancel-software-upgrade
: These are used to cancel the current software upgrade proposal.community-pool-spend
: These are used to submit a a community pool spend proposal.
Any FX holder can submit a proposal. In order for the proposal to be open for voting, it needs to come with a deposit
that is greater than a parameter called minDeposit
. The deposit
need not be provided in its entirety by the submitter. If the initial proposer's deposit
is not sufficient, the proposal enters the deposit_period
status. Then, any FX holder can increase the deposit by sending a depositTx
.
Once the deposit
reaches minDeposit
, the proposal enters the voting_period
, which lasts 2 weeks. Any bonded FX holder can then cast a vote on this proposal. The options are Yes
, No
, NoWithVeto
and Abstain
. The weight of the vote is based on the amount of bonded FX of the sender. If a delegator doesn't vote, they would inherit the vote of their validator. However, delegators can override their validator's vote by sending a vote themselves.
At the end of the voting period, the proposal is accepted if there are more than 50% Yes
votes (excluding Abstain
votes) and less than 33.33% of NoWithVeto
votes (excluding Abstain
votes).
Note: These commands need to be run on an online computer. It is more secure to perform them commands using a ledger device. For the offline procedure, click here.
Signing Transactions From an Offline Computer
If you do not have a ledger device and want to interact with your private key on an offline computer, you can use the following procedure. First, generate an unsigned transaction on an online computer with the following command (example with a bonding transaction):
In order to sign, you will also need the chain-id
, account-number
and sequence
. The chain-id
is a unique identifier for the blockchain on which you are submitting the transaction. The account-number
is an identifier generated when your account first receives funds. The sequence
number is used to keep track of the number of transactions you have sent and prevent replay attacks.
Get the chain-id from the genesis file, and the two other fields using the account query:
Then, copy unsignedTx.json
and transfer it (e.g. via USB) to the offline computer. If it is not done already, create an account on the offline computer. For additional security, you can double check the parameters of your transaction before signing it using the following command:
Now, sign the transaction using the following command. You will need the chain-id
, sequence
and account-number
obtained earlier:
Copy signedTx.json
and transfer it back to the online computer. Finally, use the following command to broadcast the transaction:
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