Role selection refers to the process of determining which participants are assigned specific roles within a blockchain or decentralized network. These roles usually include validators, miners, nodes, and other key functions that contribute to the network’s security, efficiency, and overall operation.In many blockchain-based systems, participants can take on different roles based on predefined criteria such as stake, computational power, or reputation. For example, in proof-of-stake systems, users with a higher stake may be more likely to be selected as validators. This mechanism aims to ensure that those with the most at stake in the network can help maintain its integrity.Role selection impacts governance, consensus mechanisms, and the distribution of rewards within the network. It helps ensure that resources are effectively allocated and that the system remains resilient and secure. Effective role selection can enhance participation, promote fairness, and incentivize honest behavior among participants.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the