Securing the Blockchain Without Mining

A validator is a participant in a Proof of Stake (PoS) blockchain who helps confirm transactions and secure the network.

Instead of using computational power like miners, validators stake their crypto to be eligible for block validation. The network selects validators based on the amount of crypto they have staked.

Validators play a crucial role in maintaining blockchain integrity. In return for their service, they earn rewards in the form of transaction fees or newly minted tokens.

Becoming a validator requires technical knowledge and a strong commitment to the network’s security.