Definition of Validator

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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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.

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