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Join date : 2022-10-27
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What are validator nodes in crypto? Empty What are validator nodes in crypto?

Thu Nov 17, 2022 4:08 pm
Validators, much like miners in a Proof-of-Work(PoW) network, are network nodes that operate in Proof of Stake (PoS) blockchains, also validating transaction blocks to the blockchain.


• Send queries to miners
• Participate in consensus
• Are curators of record of transactions
• Establish who has the best understanding
• Determine who is rewarded and the reward
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What are validator nodes in crypto? Empty Re: What are validator nodes in crypto?

Mon Nov 28, 2022 11:50 am
As said in the documents that 'the Core Validator finetunes in the bittensor network with a mixture of experts model and shapely scoring. its main jobs are to identify important/useful peers in the network and to correctly weigh them. To achieve this, the Validator will send requests to different peers on the network and evaluate their responses.

Running a Validator becomes beneficial only once you have accrued a significant amount of Tao. This is due to the bonding matrix: Validators accrue currency in proportion to their stake due to the existence of dividends. Validators typically need at least ~1000 Tao to stay registered on the network, however, the minimum Validator stake is subject to change."
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