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
- Machine Learning (ML) Definition
- BACS (Bankers’ Automated Clearing System) Definition
- Lending Club Definition
- GovCoin Definition
- Forging Definition

