Validator

Von CoinGecko | Aktualisiert am Mar 03, 2020
In contrast to mining on a Proof of Work blockchain network, Proof of Stake blockchain networks are secured by a distributed consensus of dedicated validators who have staked (locked into the network) a significant amount of token as long as the validator nodes are running. Validators are queued for block-signing based on a cambination of random selection, amount (weight) staked and length of time staked (age) and others depending on the design of the consensus algorithm.

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Verwandte Begriffe

Satoshi Nakamoto
The pseudoym used in publishing the Bitcoin Whitepaper. Identity is unknown.
Cloud Mining
Mining on blockchains through rented processing power rented from companies that host the physical equipment.
Protocol
The set of rules in a network in which participating members comply to allow proper communication.
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
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