Announcement
The Cointelegraph Decentralization Guardians (CTDG) initiative is operational with validators on Solana, Chiliz, Polkadot, Coreum, Canton and Mantra.
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Validator News
A validator is a person or entity in charge of verifying blockchain transactions. Transactions are added to the distributed ledger after the blockchain validator has gone through the official process of validating them.
In systems using the proof-of-work (PoW) algorithm, such as Bitcoin, miners (acting as validators) solve challenging computational arithmetic problems to earn the ability to validate transactions and collect rewards for their work. On the other hand, in proof-of-stake (PoS) systems, validators receive incentives when they stake the network’s token and correctly engage with the network, such as with Avalanche and its AVAX token. By requiring value to be locked up in the network to take part in the consensus decisions, this approach aids in network security.
In the PoS version of Ethereum, a validator on the Beacon Chain participates in Ethereum network consensus and is represented by a balance, public key and other features. The validators must stake at least 32 ETH to participate in the validation process. However, they can use pooled staking services if they don’t have 32 ETH but still want to earn block rewards by properly batching transactions into new blocks.
- Newsletter
DeFi’s decentralization debate rages on after the Sui community voted to return the $162 million frozen during the Cetus exploit.
14731 - Altcoin Watch
Trader’s interest in Solana is strong, but declining memecoin prices and SOL token unlocks have put a cap on the altcoin’s rally.
8702 - News
Cetus may recover $162 million in stolen funds if the Sui community approves a governance vote, with a full user fund recovery plan already in motion.
7610 - News
Solana Labs spin-out Anza proposed a new Solana consensus protocol to replace TowerBFT and the proof-of-history system, aiming to bring Web2-level speed to the network.
6085 - News
Solana devs and validators have worked together to patch up a critical security issue, but this speedy fix didn’t come without criticism over the network’s centralization.
3286 - News
DeFi Development Corp is seeking to raise more capital for its Solana treasury and operational expenses.
3853 - News
Solana briefly overtook Ethereum in terms of staked token value, but there’s debate whether this is a bullish or bearish milestone.
4981 - News
Solana is celebrating its fifth year since its genesis block was created on March 16, 2020. Here are five developments that have helped shape the last five years of Solana.
3219 - News
Ethereum researcher “Malik672” has proposed a solution to democratize Ethereum’s block proposer process, which they claim would also eliminate MEV at the block level.
10119 - Altcoin Watch
A Solana price recovery could lag Bitcoin and altcoins. Cointelegraph explains why
10956 - News
Ripple’s technology chief, David Schwartz, said the firm is investigating after its XRP Ledger stopped for just over an hour on Feb. 4.
6075 - Explained
Learn how Stellar (XLM) enables seamless transactions, promotes financial inclusion, and supports a decentralized digital economy.
- Explained
Validators are the backbone of PoS blockchains, but centralization and compromises can threaten their integrity, security and user trust
- News
Ethereum core developer Eric Connor said increasing gas limits could result in a 15% to 33% reduction in transaction fees.
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