Validator
A participant in a proof-of-stake network responsible for checking transactions and proposing or confirming new blocks, chosen based on their stake. Validators are the proof-of-stake counterpart to proof-of-work miners, earning rewards for honest work and facing penalties for misconduct (see Proof of stake, Staking).
SubscribersExplained in Chapter 14: Consensus Mechanisms: Proof of Work, Proof of Stake, and Their Trade-offs
More terms
Chapter 8
Get Chapter 8 free
Subscribe and Chapter 8, on cryptography, opens for you on this site. Invite friends and the rest of Part III opens too.
One email to confirm, then Web3 in plain terms, a free seven-day email course, and an occasional note about the book. Unsubscribe any time.