What is the role of polkadot validators in the consensus mechanism?

3 answers

• Mar 15, 2022 · 3 years ago
  Polkadot validators play a crucial role in the consensus mechanism by validating and securing transactions on the Polkadot network. They are responsible for verifying the authenticity and accuracy of transactions, ensuring that only valid transactions are included in the blockchain. Validators use their computing power to solve complex mathematical problems and reach consensus on the state of the network. This decentralized approach ensures the integrity and security of the Polkadot network.
  496248
• Mar 15, 2022 · 3 years ago
  Validators in the Polkadot consensus mechanism are like the gatekeepers of the network. They check every transaction that wants to enter the blockchain and make sure it meets the required criteria. Validators use their computational power to solve cryptographic puzzles and validate transactions. By participating in the consensus mechanism, validators contribute to the overall security and stability of the Polkadot network.
  426142
• Mar 15, 2022 · 3 years ago
  In the context of the Polkadot network, validators are responsible for validating and securing transactions. They use their computational power to solve complex mathematical problems and reach consensus on the state of the network. Validators play a crucial role in maintaining the integrity and security of the Polkadot blockchain. They ensure that only valid transactions are included in the blockchain and prevent malicious actors from tampering with the network. Validators are incentivized to act honestly through a system of rewards and penalties, which helps to maintain the decentralization and security of the Polkadot network.
  636159