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Validator

In the context of blockchain technology, a validator is the one responsible for verifying and approving transactions submitted by blockchain users. Each blockchain protocol has its own parameters for what constitutes an acceptable validator and how these validators work. Most decentralized blockchain networks rely on some form of validator Nodes to process on-chain transactions.

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Related Cryptopedia

Gas

The cost associated with handling and executing smart contracts on the Ethereum blockchain is called gas...

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Whale

An address on the blockchain that holds a large number of crypto...

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Whitepaper

Whitepapers are widely used for new crypto projects. It’s a document where the project is extensively ...

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Hard fork

A hard fork is a software update that is not backwards compatible...

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Staking

Staking is the process by which a user of a blockchain network "stakes" or locks their cryptocurrency assets to a network ...

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Peer-to-Peer

A peer-to-peer (P2P) network structure related to blockchain technology is generally...

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