Unbond Transaction
Unbond transaction is used to unbond a validator. An unbonded validator becomes inactive and can no longer participate in the sortition algorithm. After 21 days, the stake can be withdrawn. This period is called the “unbond interval” and is defined in the consensus parameter. Unbonding is free. This means there are no fees associated with the process of unbond transaction.
Payload Structure
The unbond transaction has a payload consists the following field:
| Field | Size |
|---|---|
| Validator address | 21 bytes |
- Validator address is the address of validator that is unbonded.
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