Description: An active validator is a node within a blockchain network that is currently participating in the consensus process, ensuring the integrity and security of transactions. In the context of proof of stake (PoS), these validators are selected to create new blocks and validate transactions based on the amount of cryptocurrency they hold and are willing to ‘stake’ or lock as collateral. Unlike miners in proof of work (PoW) systems, who compete to solve complex mathematical problems, validators in PoS are chosen more efficiently, reducing energy consumption and allowing for greater scalability. Active validators are crucial for the network’s operation, as their direct participation in consensus ensures that transactions are verified and added to the blockchain quickly and securely. Additionally, these validators often receive rewards in the form of cryptocurrency for their work, thus incentivizing their ongoing participation and the maintenance of the network. The role of the active validator is fundamental in the cryptocurrency ecosystem, as it contributes to decentralization and trust in the system, allowing users to conduct transactions safely and efficiently.
