Validators
A validator is a computer that helps to run the Nexis Network. Each validator executes a program that keeps track of all accounts on the Nexis Network cluster and validates transactions being added to the network. Without validators, Nexis would not be able to function.
The more independent entities that run validators, the less vulnerable the cluster is to an attack or catastrophe that affects the cluster.
By becoming a validator, you are helping to grow the network. You are also learning firsthand how the Nexis cluster functions at the lowest level. You will become part of an active community of operators that are passionate about the Nexis ecosystem.
Earning Opportunities
Validators are rewarded for their work in maintaining the network. By validating transactions and securing the network, you can earn rewards in the form of NZT tokens. The rewards are distributed based on the amount of work your validator contributes to the network. The more you participate, the more you can earn. Additionally, validators can earn transaction fees from the transactions they validate.
Benefits of Becoming a Validator
- Contribute to Network Security: Help ensure the integrity and security of the Nexis Network.
- Earn Rewards: Receive NZT tokens and transaction fees for your efforts.
- Gain Insight: Understand the inner workings of the Nexis cluster and become part of a knowledgeable community.
- Enhance Decentralization: Increase the number of independent entities running validators, making the network more resilient.
Join us in growing the Nexis Network and become a vital part of our ecosystem.