coingecko (thumbnail mini)
Continue in app
Track prices in real-time
coingecko (thumbnail mini)
Continue in app
Track prices in real-time

Validator

By CoinGecko | Updated on 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.

Share this with a friend!

Related Terms

Metaverse
The Metaverse is a virtual space where users are able to interact with each other in a computer generated environment.
ROI
Short for “Return on Investment”, the ratio between the net profit and cost of investing.
Offline Staking
Staking without needing to be connected to the blockchain
Liquid Proof of Stake (LPoS)
A proof of stake consensus mechanism by Tezos that slightly differs from Delegated Proof of Stake.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.