Sequencer Node Overview

Welcome to the GOAT Network Sequencer Node Overview! This guide provides a comprehensive introduction to running a Sequencer Node on the GOAT Network, including prerequisites, system requirements, and the locking process.

Why Run a Sequencer Node?

Running a Sequencer Node on the GOAT Network offers several benefits:

• Decentralized Infrastructure: Participate in a decentralized network that enhances security and censorship resistance.
• Bitcoin Settlement: Leverage Bitcoin's security for transaction settlement.
• Incentives: Earn rewards for processing transactions and maintaining network integrity.

Prerequisites

Before setting up a Sequencer Node, ensure you meet the following prerequisites:

1. Locking Requirement: 2 BTC is required as a security deposit.
2. Whitelisting: Contact the GOAT Network team to get whitelisted.
3. Technical Expertise: Experience in running high-availability infrastructure and blockchain nodes.
4. Secure Key Management: Implement robust security for private key management.

System Requirements

Hardware Configuration

• CPU: Equivalent to c5.2xlarge or similar
• RAM: 32GB
• Storage:
  • Root directory with at least 40 GiB of space
  • EBS gp3, 100 GiB, 3000 IOPS, mounted to /data

Network Configuration

• IPv4 Elastic IP (EIP) required
• Security Group Rules: Ensure your server's firewall allows inbound traffic on the following ports:
  • 30303: goat-geth P2P (UDP/TCP)
  • 26656: goat P2P Port (TCP)

Software Environment

• Operating System: Ubuntu 20.04 or higher
• Docker and Docker Compose: For containerized deployment
• Golang: Latest stable version (currently 1.23)

Deployment Steps

1. Generate Sequencer Key: Use the GOAT Docker container to generate your sequencer key.
2. Start the Sequencer Node: Set up and run your node using Docker Compose.
3. Sync Status Check: Monitor blockchain sync to ensure full synchronization.
4. Locking Process: Lock 2 BTC as a security deposit using the provided locking contract details.

Locking Contract Details

• Testnet3 Address: 0xbC10000000000000000000000000000000000004
• Asset Manager Address: 0x218ab55484482409aAfD035066eb1e0315BE0084

Locking Asset Manager Operations

• Safe Lock: Securely lock your BTC.
• Safe Unlock: Unlock your BTC when needed.
• Exit Sequencer Node: Exit the network if necessary.

Support Resources

• RegTest Sequencer Node: GitHub Repository (opens in a new tab)
• Community Support: Telegram (opens in a new tab)

This overview provides a high-level understanding of running a Sequencer Node on the GOAT Network. For detailed instructions, refer to the Running a Sequencer Node and Running a Sequencer Operator guides.