In the crypto world, validators are key entities that play a role in ensuring the integrity and security of a blockchain network . Validators are responsible for verifying and approving transactions to be included in the blockchain.
This process involves validating that the transaction is valid and complies with network protocol rules. Validators are often part of a blockchain consensus mechanism, such as Proof of Stake (PoS) , where they are elected or appointed based on the amount of crypto assets they 'stake' or guarantee in the network.
The job of validators is critical because they help maintain the reliability and transparency of the blockchain, ensuring that each block of data added is accurate and immutable. Thus, validators play a central role in the crypto ecosystem, supporting trust and operational efficiency of blockchain networks.
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