Validators
Be a Validator on the QAN public blockchain!
💡[Definition] Validator
Validators ("Miners") assure the integrity of the transactions by validating the blocks based on the blockchain's consensus algorithm.
FAQ:
No need for extra hardware, you can validate ("mine") your phone or Raspberry Pi.
Validation starts with the QAN public blockchain (MainNet) launch in 2022.
Validation ticket prices and process documentation with tutorials will be published before the MainNet launch.
Scroll down to register for Validator updates by filling out the registration form below.
New transparent technology such as blockchain must not waste our precious environmental resources. It is important to create and participate in technologies that lessen the burden on the earth and its resources.Thanks to the Proof-of-Randomness (PoR) consensus algorithm, validation ("mining") can be done even with a mobile phone or Raspberry Pi on QANplatform.
Validators assure the integrity of the transactions by validating the blocks based on the Proof-of- Randomness (PoR) consensus algorithm developed by QANplatform.
To be able to join the pool of potential validators, a Validator needs to stake a fixed amount of the QANX Token in a Deposit Pool to serve as his or her stake.
Whenever a particular validator wins the validation process, the Validator also receives all the coins as rewards from the Issuance Pool. (That contains the tokens coming from the transaction and deployment fees within the particular block).
To be able to stake the QANX Token to participate, a Validator needs to buy them from the open market.
After the Validator successfully validates a block, he/she can keep or sell its reward in the open market.
Scroll down to register for Validator updates by filling out the registration form below.
Key Takeaways — [Validators]:
- Validation starts with the QAN MainNet launch in 2022.
- Thanks to the PoR consensus algorithm, validation ("mining") can be done on many devices, even with a mobile phone or Raspberry Pi.
- To be able to join the pool of potential validators, a Validator needs to stake a fixed amount of the QANX Token.
- Validation ticket prices, and process documentation with tutorials will be published before the MainNet launch.
- Whenever a particular validator wins the validation process, the Validator also receives all the coins as rewards from the Issuance Pool.
Last modified 9mo ago