Monitor v3 signal

[rootulp]

Context

As of December 2nd, validators are encouraged to upgrade to the latest v3.x.x release (v3.0.2 ATM) and signal for v3

Proposal

1. Monitor the v3 signal tally
2. [Optional] provide frequent status updates in Slack about it
3. Submit a MsgTryUpgrade so that ideally the upgrade activates between 2-5PM UTC

[rootulp]

rootulp@rootulp-NUC12WSHv5:~$ celestia-appd query signal tally 3
threshold_power: "584950529"
total_voting_power: "701940634"
voting_power: "241257560"

so we're currently at 34% have signalled for v3. We need 83% to signal before we submit a MsgTryUpgrade

[rootulp]

There is a block delay after a successful MsgTryUpgrade. Currently the delay is 50,400 block delay which is 7 days based on a 12 second block time.

The observed block time on Mainnet Beta is 11.82 seconds. At the observed block rate, it will take the chain 6 days, 1 hour, and 28 minutes to produce 50,400 blocks.

We want the chain to upgrade 2 - 5PM UTC so we want to submit the MsgTryUpgrade between 12:30 - 3:30PM UTC or 7:30 - 10:30AM ET.

Can submit a MsgTryUpgrade via:

celestia-appd tx signal try-upgrade --from key-celestia --fees 210000utia

[jcstein]

getting close!!

{"voting_power_out_of_threshold": 85.81, "voting_power_out_of_total": 71.51}

[rootulp]

Submitted MsgTryUpgrade. The v3 activation height on Mainnet Beta is:

$ celestia-appd query signal upgrade --node http://rpc.celestia.pops.one:26657/
An upgrade is pending to app version 3 at height 2993219.

https://www.mintscan.io/celestia/block/2993219/ which is estimated at Dec 12th 2024, 11:57:02+00:00