Validator

Door CoinGecko | Bijgewerkt op 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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Gerelateerde termen

Internet of things (IoT)
It is a system that lets any devices that are connected to internet to comunicate with each other without human-to-human or human-to-devices interactions.
Ledger
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Hard fork
It is a permanent divergence of a blockchain into two blockhains. The original blockchain does not recognize the new version.
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