ADR 005: Genesis parameters

Status

Category	Status
Authors	Alexandr Kolesov, Ankur Banerjee, Alex Tweeddale
ADR Stage	ACCEPTED
Implementation Status	Implemented
Start Date	2021-09-15
Last Updated	2022-12-08

Summary

The aim of this document is to define the genesis parameters that will be used in cheqd network testnet and mainnet.

Cosmos v0.44.3 parameters are described.

Context

Genesis consists of Tendermint consensus engine parameters and Cosmos app-specific parameters.

Tendermint consensus parameters

Tendermint requires genesis parameters to be defined for basic consensus conditions on any Cosmos network.

Block parameters

Parameter	Description	Mainnet	Testnet
max_bytes	This sets the maximum size of total bytes that can be committed in a single block. This should be larger than max_bytes for evidence.	200,000 (~200 KB)	200,000 (~200 KB)
max_gas	This sets the maximum gas that can be used in any single block.	200,000 (~200 KB)	200,000 (~200 KB)
time_iota_ms	Unused. This has been deprecated and will be removed in a future version of Cosmos SDK.	1,000 (1 second)	1,000 (1 second)

Evidence parameters

Parameter	Description	Mainnet	Testnet
max_age_num_blocks	Maximum age of evidence, in blocks. The basic formula for calculating this is: MaxAgeDuration / {average block time}.	12,100	25,920
max_age_duration	Maximum age of evidence, in time. It should correspond with an app's "unbonding period".	1,209,600,000,000,000 (expressed in nanoseconds, ~2 weeks)	59,200,000,000,000 (expressed in nanoseconds, ~72 hours)
max_bytes	This sets the maximum size of total evidence in bytes that can be committed in a single block and should fall comfortably under max_bytes for a block.	50,000 (~ 50 KB)	5,000 (~ 5 KB)

Validator key parameters

Parameter	Description	Mainnet	Testnet
pub_key_types	Types of public keys supported for validators on the network.	Ed25519	Ed25519

Cosmos SDK module parameters

Cosmos application is divided into a list of modules. Each module has parameters that help to adjust the module's behaviour.

auth module

Parameter	Description	Mainnet	Testnet
max_memo_characters	Maximum number of characters in the memo field	512	512
tx_sig_limit	Max number of signatures	7	7
tx_size_cost_per_byte	Gas cost of transaction byte	10	10
sig_verify_cost_ed25519	Cost of ed25519 signature verification	590	590
sig_verify_cost_secp256k1	Cost of secp256k1 signature verification	1,000	1,000

bank module

Parameter	Description	Mainnet	Testnet
default_send_enabled	The default send enabled value allows send transfers for all coin denominations	True	True

cheqd module (DID module)

Parameter	Description	Mainnet	Testnet
create_did	The specified transaction fee for creating a Decentralized Identifier (DID) on the cheqd network	50,000,000,000 ncheq (50 CHEQ)	50,000,000,000 ncheq (50 CHEQ)
update_did	The specified transaction fee for updating an existing Decentralized Identifier (DID) on the cheqd network	25,000,000,000 ncheq (25 CHEQ)	25,000,000,000 ncheq (25 CHEQ)
deactivate_did	The specified transaction fee for deactivating an existing Decentralized Identifier (DID) on the cheqd network	10,000,000,000 ncheq (10 CHEQ)	10,000,000,000 ncheq (10 CHEQ)
burn_factor	The percentage of the transaction fee for create_did, update_did or deactivate_did that is burnt, i.e., destroyed from the cheqd network	50%	50%

crisis module

Parameter	Description	Mainnet	Testnet
constant_fee	The fee is used to verify the invariant(s)	10,000,000,000,000 ncheq (10,000 CHEQ)	10,000,000,000,000 ncheq (10,000 CHEQ)

distribution module

Parameter	Description	Mainnet	Testnet
community_tax	The percent of rewards that goes to the community fund pool	0.02 (2%)	0.02 (2%)
base_proposer_reward	Base reward that proposer of a block receives	0.01 (1%)	0.01 (1%)
bonus_proposer_reward	Bonus reward that proposer gets for proposing block. This depends on the number of pre-commits included to the block	0.04 (4%)	0.04 (4%)
withdraw_addr_enabled	Whether withdrawal address can be changed or not. By default, it's the delegator's address.	True	True

gov module

Parameter	Description	Mainnet	Testnet
deposit_params
min_deposit	The minimum deposit for a proposal to enter the voting period.	[{ "denom": "ncheq", "amount": "8,000,000,000,000" }] (8,000 cheq)	[{ "denom": "ncheq", "amount": "8,000,000,000,000" }] (8,000 cheq)
max_deposit_period	The maximum period for Atom holders to deposit on a proposal. Initial value: 2 months.	604,800s (1 week)	172,800s (48 hours)
voting_params
voting_period	The defined period for an on-ledger vote from start to finish.	259,200s (3 days)	86.40s (1.2 minutes)
tally_params
quorum	Minimum percentage of total stake needed to vote for a result to be considered valid.	0.334 (33.4%)	0.334 (33.4%)
threshold	Minimum proportion of Yes votes for proposal to pass.	0.5 (50%)	0.5 (50%)
veto_threshold	The minimum value of veto votes to total votes ratio for proposal to be vetoed. Default value: 1/3.	0.334 (33.4%)	0.334 (33.4%)

mint module

Parameter	Description	Mainnet	Testnet
mint_denom	Name of the cheq smallest denomination	ncheq	ncheq
inflation_rate_change	Maximum inflation rate change per year. In Cosmos Hub they use 1.0. Formula: inflationRateChangePerYear = (1 - BondedRatio / GoalBonded) * MaxInflationRateChange	0.045 (4.5%)	0.045 (4.5%)
inflation_max	Inflation aims to this value if bonded_ratio < bonded_goal	0.04 (4%)	0.04 (4%)
inflation_min	Inflation aims to this value if bonded_ratio > bonded_goal	0.01 (1%)	0.01 (1%)
goal_bonded	Percentage of bonded tokens at which inflation rate will neither increase nor decrease	0.60 (60%)	0.60 (60%)
blocks_per_year	Number of blocks generated per year	3,155,760 (1 block every ~10 seconds)	3,155,760 (1 block every ~10 seconds)

resource module

Parameter	Description	Mainnet	Testnet
image	The specified transaction fee for creating an image as a DID-Linked Resource on the cheqd network	10,000,000,000 ncheq (10 CHEQ)	10,000,000,000 ncheq (10 CHEQ)
json	The specified transaction fee for creating a JSON file as a DID-Linked Resource on the cheqd network	2,500,000,000 ncheq (2.5 CHEQ)	2,500,000,000 ncheq (2.5 CHEQ)
default	The specified transaction fee for creating any other type of DID-Linked Resource on the cheqd network, other than images or JSON files	5,000,000,000 ncheq (5 CHEQ)	5,000,000,000 ncheq (5 CHEQ)
burn_factor	The percentage of the transaction fee for image, json or default DID-Linked Resources that are burnt, i.e., destroyed from the cheqd network	50%	50%

slashing module

Parameter	Description	Mainnet	Testnet
signed_blocks_window	Number of blocks a validator can miss signing before it is slashed.	25,920 (expressed in blocks, equates to 259,200 seconds or ~3 days)	17,280 (expressed in blocks, equates to 172,800 seconds or ~2 days)
min_signed_per_window	This percentage of blocks must be signed within the window.	0.50 (50%)	0.50 (50%)
downtime_jail_duration	The minimal time validator have to stay in jail	600s (~10 minutes)	600s (~10 minutes)
slash_fraction_double_sign	Slashed amount as a percentage for a double sign infraction	0.05 (5%)	0.05 (5%)
slash_fraction_downtime	Slashed amount as a percentage for downtime	0.01 (1%)	0.01 (1%)

staking module

Parameter	Description	Mainnet	Testnet
unbonding_time	A delegator must wait this time after unbonding before tokens become available	1,210,000s (~2 weeks)	259,200s (~3 days)
max_validators	The maximum number of validators in the network	125	125
max_entries	Max amount of unbound/redelegation operations in progress per account	7	7
historical_entries	Amount of unbound/redelegate entries to store	10,000	10,000
bond_denom	Denomination used in staking	ncheq	ncheq

ibc module

Parameter	Description	Mainnet	Testnet
max_expected_time_per_block	Maximum expected time per block, used to enforce block delay. This parameter should reflect the largest amount of time that the chain might reasonably take to produce the next block under normal operating conditions. A safe choice is 3-5x the expected time per block.	30,000,000,000 (expressed in nanoseconds, ~ 30 seconds)	30,000,000,000 (expressed in nanoseconds, ~ 30 seconds)
allowed_clients	Defines the list of allowed client state types. We allow connections from other chains using the Tendermint client, and with light clients using the Solo Machine client.	[ "06-solomachine", "07-tendermint" ]	[ "06-solomachine", "07-tendermint" ]

ibc-transfer module

Parameter	Description	Mainnet	Testnet
send_enabled	Enables or disables all cross-chain token transfers from this chain	true	true
receive_enabled	Enables or disables all cross-chain token transfers to this chain	true	true

Decision

The parameters above were agreed separate the cheqd mainnet and testnet parameters. We have bolded the testnet parameters that differ from mainnet.

Consequences

Backward Compatibility

• The token denomination has been changed to make the smallest denomination 10^-9 CHEQ (= 1 ncheq) instead of 1 CHEQ. This is a breaking change from the earliest versions of the cheqd testnet that which required issuing new tokens to be transferred and issued to testnet node operators.

Positive

• Inflation allows fees to be collected from block rewards in addition to transaction fees.

• In production/mainnet, parameters can only be changed via a majority vote without veto defeat according to the cheqd network governance principles. This allows for more democratic governance frameworks to be created for a self-sovereign identity network.

Negative

• Existing node operators will need to re-establish staking with new staking denomination and staking parameters.

Neutral

• Unbonding period, and deposit period have all been reduced to 2 weeks to balance the speed at which decisions can be reached vs giving enough time to validators to participate.

References

• List of Cosmos modules

• Tendermint genesis parameters