Decimal

The validator in the Decimal blockchain is a key element that ensures the security and functioning of the entire network. It is not just a node storing coins, but an important participant responsible for validating transactions and forming new blocks.Mechanisms of validators in Decimal: 1. Consensus: Validators are involved in reaching consensus on each block and transaction; 2. Transaction validation: Validators check all incoming transactions for correctness; 3. Block Formation: They create and add new blocks to the blockchain; 4. Getting rewarded: Validators are rewarded for their work in native DEL coin; 5. Stake mechanism: Validators block a certain amount of coins as collateral, which ensures their integrity.Decimal uses a PBFT consensus mechanism based on <a href="https://decimalchain.com/wiki/en/Tendermint" rel="noopener noreferrer nofollow">Tendermint</a>, where ⅔&#43;1 validators are required to agree to confirm the block.The importance of validators in Decimal: ● Ensure network security; ● Keep the blockchain operational; ● Participate in network management; ● Allow delegators to earn money from <a href="https://decimalchain.com/wiki/en/Staking" rel="noopener noreferrer nofollow">staking</a>.Want to become a validator at Decimal? Explore the documentation at <a href="https://decimalchain.com/docs/validator/" rel="noopener noreferrer nofollow">this link</a>.

Decimal Validator

Decimal

Other articles published on Oct 5, 2024

Celestia Foundation Raises $100M to Expand Modular Blockchain Ecosystem

Next Cryptocurrency to Explode, October 5 — Popcat (SOL), Wormhole, Worldcoin, Civic

Polymarket Considering Token Launch Amidst New $50M Fundraising Talks: Report

Bitcoin Whale from Satoshi Era Moves Again: Speculations Arise

$20,000 In XRP: Top Exchange Unveils Big Opportunity For XRP Holders

Len Sassaman Is Now Believed By Community To Be Satoshi With Top Odds

Join our free newsletter for daily crypto updates!