Validator
A validator is a network participant that helps confirm transactions and create blocks in proof-of-stake blockchains.
✦ Key Insight
Validators help secure the network and keep it operating correctly.
✕ Common Misconceptions
Thinking validators are risk-free or forgetting about slashing risk.
Detailed Explanation
How It Works
Validators stake coins, run software, and follow network rules. Good behavior earns rewards. Bad behavior may lead to penalties.
FAQs
Do validators earn rewards?
Yes, if they perform correctly.
In Practice
Dig Deeper
Staking
The process of actively participating in transaction validation on a Proof-of-Stake (PoS) blockchain. Participants lock up (or 'stake') their cryptocurrency holdings to support network security and operations, earning rewards in return, similar to earning interest.
Node
A node is a computer or device that participates in a blockchain network by storing, sharing, validating, or relaying data.
Proof of Stake
Proof of Stake is a blockchain consensus system where validators secure the network by staking coins.
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