Bond Transaction

Bond transaction is used to bond stake to a validator. If the validator does not exist, it will be created. Once a bond transaction committed, the validator cannot participate in the sortition algorithm for 1 hour. This is called the “bond interval” and is defined in the consensus parameter.

Payload Structure

The bond transaction has a payload consists the following fields:

Size	Field
21 bytes	Sender address
21 bytes	Receiver address
96 bytes (optional)	Public key
Variant	Amount

Sender address is the address of the sender account.
Receiver address is the address of the receiver validator.
Public key is the validator’s public key. If the validator does not exist yet, the public key should be set, otherwise it should left empty.
Amount is the amount of coins that should be staked or bonded.

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