đŖī¸How DPoS Consensus Help Powering Paragon
Last updated
Last updated
Validators (Stakeholder Nodes):
People who own tokens in the Paragon Network can choose to be validators by putting up their tokens as a pledge. Their job is to make sure transactions are valid and suggest new blocks to add to the Paragon Network.
Block Creation (Validating Transactions):
Validators compete to create new blocks by checking if transactions are legit. Transactions are grouped into blocks, and validators verify if these transactions follow the rules.
Block Confirmation (Validity):
When a validator successfully creates a block, it needs to be double-checked. Other validators look at the transactions in the block to confirm they're all good. If most validators agree the block is valid, it gets added to the Paragon Network.
In simple terms, validators make sure transactions are good, package them into blocks, and check each other's work to keep the Paragon Network secure and trustworthy.
