Uptime Pool refers to a system that tracks and incentivizes the reliability of nodes or validators in a blockchain network. It rewards those who maintain high availability and contribute to the network’s overall stability. In such a setup, nodes record their uptime, and this data is used to assess their performance. Higher uptime typically means better rewards, encouraging participants to ensure their nodes are consistently online and functioning properly. This mechanism promotes a healthier network, as reliable nodes enhance transaction speeds and security. By incentivizing participation and accountability, Uptime Pools help reduce potential vulnerabilities that could occur if too many nodes are offline. Overall, Uptime Pools play a crucial role in maintaining a robust and efficient blockchain ecosystem by ensuring that validators are actively engaged and operational.
Tether Settles $299.5 Million Claim With Celsius Bankruptcy Estate
Tether has paid $299.5 million to the Celsius Network bankruptcy estate, resolving a legal dispute that stemmed from the cryptocurrency lender’s