Validator

Updated

What it means

A computer that checks new transactions and helps add blocks on a proof of stake network.

Validators lock up tokens as a stake and earn rewards for honest work.

Validator at a glance

How it works

Anyone can run one, which keeps the network from depending on any single company.

Related terms

TermWhat it means
Proof of stake

A way for a blockchain to agree on new blocks, where validators lock up tokens as a guarantee of honest behaviour.

Staking

Locking tokens to help secure a proof of stake network, in return for rewards.

Blockchain

A shared record of who owns what, kept by many computers at once, that no single company can change on its own.

This glossary explains terms in general. It isn't investment, tax or legal advice.