A delegated validator is a participant in a blockchain network that has been chosen to validate transactions and produce new blocks on behalf of others. This role is often found in networks using a delegated proof-of-stake consensus mechanism.In this system, stakeholders, or token holders, vote for validators by delegating their tokens to them. The more tokens a validator has delegated, the higher their chances of being selected to validate transactions. This allows users with smaller amounts of tokens to still have a say in the network’s operation, as their delegations contribute to the validator’s overall stake.Validators earn rewards for their work, which they can share with those who delegated to them. This incentivizes users to choose competent and reliable validators, fostering a competitive ecosystem. The process not only enhances scalability and efficiency but also aims to secure the network while ensuring that even small holders can participate in governance and earn rewards.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to