👨💻 Web3 Engineer sharing about my journey and learnings in tech.
👨💻 White hat/Pentester.
👨💻Researcher, Validator, Testneter.
👨💻Web3-Corner. Blockchain maxi.
🔭 I’m currently working on Web3
This repository features impressive collections of resources to learn Web 3.0 here
I have a broad understanding of how they operate across various blockchain networks. Validators are essential components in many proof-of-stake (PoS) and delegated proof-of-stake (DPoS) networks, helping to ensure the security, consensus, and smooth operation of the blockchain.
Networks where validators play a role: Ethereum 2.0 (Proof of Stake): Validators participate in the consensus mechanism by proposing and validating new blocks. Running an Ethereum validator requires 32 ETH to stake.
Polkadot: Polkadot uses a nominated proof-of-stake system. Validators secure the network by staking DOT tokens and confirming transactions, while nominators back trusted validators.
Cosmos: Cosmos uses a Tendermint consensus, where validators propose and vote on blocks. Atom tokens are staked by validators, who are selected based on their stake and reputation.
Solana: Solana uses a proof-of-history (PoH) and PoS consensus model. Validators process transactions and add them to the blockchain.
Avalanche: Validators are critical to securing Avalanche’s consensus. They participate by staking AVAX tokens and helping validate transactions across its three chains (X, P, and C).
Cardano: Cardano operates using a unique PoS system called Ouroboros, where stake pool operators (validators) maintain the network.
Tezos: Validators (called "bakers") are responsible for creating blocks and validating transactions, requiring a stake in XTZ.
Near Protocol: NEAR uses a PoS consensus where validators are chosen based on their stake, and they produce and validate blocks.
Each network has unique requirements, from minimum staking amounts to different technical setups and governance mechanisms.
I could offer more tailored advice or help walk through the setup.