✅Validators

Consensus and Validator Role in GChain

Since blockchain networks rely on a consensus mechanism, it is essential to establish a robust protocol for how new blocks are committed. Validators play a crucial role in maintaining the security and integrity of the blockchain. These nodes process transactions, determine block order, and sign blocks with cryptographic signatures to confirm transactions.

Validators and Their Role

Validators are responsible for authenticating transactions and securing the blockchain by verifying and adding new blocks.

• Validator Selection: Validators are chosen based on their stake and network participation. Those with a longer commitment and higher stake have a greater chance of being selected.

• Block Confirmation: Once a validator processes a block, other validators must verify its accuracy before it is confirmed on the blockchain.

• Earning Rewards: Validators earn rewards through transaction fees and commissions, distributed in proportion to their contributions.

Reward Distribution

Block rewards, derived from gas fees, are distributed among:

1. The validator that created the block.

2. The network for sustainability and development.

GChain’s validator-based consensus ensures a secure, scalable, and community-driven blockchain with lower gas fees and faster block times, making it an efficient choice for decentralized applications.