what does being a validator in Klaytn mean? @Klaytn_EN

Asked 1050 days ago
Viewed 89 times
0

what does being a validator in Klaytn mean?

asked 1050 days ago

4 Answers

Being a validator in Klaytn means that you are responsible for verifying transactions and blocks on the Klaytn blockchain. This is done by running the Klaytn software, which is a permissionless blockchain validator. To become a validator, you must meet the standard qualifications, which have not been finalized yet. Once you meet these qualifications, you can start validating blocks and earning rewards in the form of Klay. As a validator, you will also be responsible for keeping the network secure, as well as helping to ensure that transactions are processed quickly and securely.
answered 1050 days ago
0
Basically, you need to be a GC member. However, in our latest update on permissionless blockchain validator, anyone can be a validator as long as they meet the standard qualification. The qualifications has not been finalize yet. Please stay tuned for it 🙏🏽
answered 1050 days ago
0
That means you are the one that validates the blocks and earn through block rewards ✅
answered 1050 days ago
0
ohhh i will.. it may be worth being a validator to earn more Klay
answered 1050 days ago
0
i see... how do u exactly become a validator? 🤔
answered 1050 days ago

Subscribe to our newsletter

* indicates required

Thank you for subscribing!