Lilita
@lilita
1/5 🧵 The Role of Validators in Swisstronik🤖 Validators are essential participants in the @swisstronik- blockchain network, responsible for confirming and processing transactions, thus ensuring the security and stability of the ecosystem🔐
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Lilita
@lilita
2/5🧵 Number of Validators🤖 Swisstronik operates with a default set of 70 validators. This number can be increased through community governance, allowing the protocol to adapt as needed📈
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Lilita
@lilita
3/5🧵Proof-of-Stake Mechanism Each validator’s weight is determined by the amount of staked $SWTR tokens they hold. The more tokens staked, the higher the probability of being chosen to propose blocks💰
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Lilita
@lilita
4/5 Rewards and Accountability🤑 Validators earn rewards from transaction fees and block incentives, but they also bear responsibility: any malicious actions or delays in validation may result in penalties, leading to a partial loss of staked tokens⚖️
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Lilita
@lilita
5/5 Delegation and Community Involvement 🤝 Users can delegate their tokens to validators and receive a share of the rewards, encouraging active community participation in supporting and securing the Swisstronik network 🌐
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