Validator
Definition of what Validator stands for (in finance):
Similar to miners in proof-of-work (PoW) systems, validators are dedicated nodes in a distributed ledger technology (DLT) system that implement the proof-of-stake (PoS) consensus mechanism. They participate in generating new blocks and in governance decisionsâ
More Term Definitions
- Proof-of-Activity (PoA) Definition
- Framework Definition
- Software-Defined Business (SDB) Definition
- Gentleman Agreement Definition
- Client-Server Definition
