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
- Automated Market Maker (AMM) Definition
- Second-Stage Financing Definition
- Validator Definition
- Alternative Lending Definition
- National Electronic Funds Transfer (NEFT) Definition
