Validator Node definition

Validator Node means a computer containing any information required for the validation of the rules of consensus of the IDunion Networks and which is able to share its resources with nodes operated by other Stewards within the IDunion Networks.
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Validator Node means a server in the Blockchain Technology that is responsible for verifying transactions and blocks according to its consensus algorithms.
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Validator Node. For purposes of network efficiency, only a limited number of Nodes are permitted to exercise Validation Rights on the Network at any given time.
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Examples of Validator Node in a sentence

  • If someone on chain A reports that a Validator Node has signed two blocks at the same height on chain A and chain B, this Validator Node will get slashed on chain A for 5% of the Stake.

  • If the Validator Node is banned for 10 minutes and isn’t turned on after that, there will be a temporary loss of eligibility of the Validator Node and its Delegators to receive Block Rewards and Transaction Fees for a certain number of blocks, which will represent irreversible opportunity costs for the Validator Node and User.

  • The foundation is the Validator Node being developed by Quantstamp, a heavily modified Ethereum node containing an analytical toolkit that applies techniques from formal methods8.

  • SHOULD have at least one dedicated NIC for Sovrin Validator Node consensus traffic, and a different NIC to process external requests.

  • SHOULD be isolated from internal systems of a Steward (since the Validator Node is publicly visible and thus an inappropriate candidate for access to privileged internal networks).

  • One node must have 250k tokens staked in order to become a valid Validator Node and participate in the network.

  • MUST run as a Validator Node (Observer Nodes will not be introduced until the General Availability Network).

  • If a Validator Node’s signature has not been included in 50 of the last 100 blocks this Validator Node will be turned off, banned for 10 minutes.

  • New York, New York, Penguin Random House LLC.The Energy Web Foundation Partner With OLI By Running A Validator Node So They Can Offer A Trustworthy Blockchain Tailored To The Needs Of The Energy Economy.

  • If the Validator Node is banned for 10 minutes and isn’t turned on after that, there will be a temporary loss of eligibility of the Validator Node and its Delegators to receive Transaction Fees for a certain number of blocks, which will represent irreversible opportunity costs for the Validator Node and User.


More Definitions of Validator Node

Validator Node means an EBSI Node in charge of guaranteeing the consensus of the network and the block generation. To do this, they run the consensus algorithm. Validator Nodes may also act as Regular Nodes.
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