NEWS
WHAT IS A VALIDATOR NODE: A DEEP DIVE
The Validator Node is one of the most important participants on the Titan Blockchain network, allowing the process of validation about the…
share

The Validator Node is one of the most important participants on the Titan Blockchain network, allowing the process of validation about the transactions to be performed on the blockchain.

Each blockchain needs them to be secure and integral.

Their role is to allow all actors on the network to agree on the state of the blockchain or the validity of data by participating in a consensus process, such as Tendermint.


Role of Validator Nodes in Titan Network

Validator Nodes are the most crucial parts of Titan Network, and their role consists of:

  • Validating Transactions: Validator Nodes receive transactions from the network, validate their legitimacy, and ensure their accuracy. This contributes to trusting and ensuring integrity in blockchain.
  • Pack Blocks: Validator Nodes package already-verified transactions into blocks and broadcast these blocks throughout the blockchain network. This ensures that the blockchain works continuously.
  • Participate in Consensus: Validator Nodes participate in on-chain governance through their support of the consensus protocol, facilitated by consensus algorithms such as Tendermint. This guarantees the security and consistency of the blockchain.
  • Resistant to Attack: Deploying nodes on a distributed network makes the Titan Network more resistant to attacks, as well as fault-tolerant. With enough validators on the network, the system becomes more resistant to attacks.

Setup and Operation of Nodes

Setting up and operating a Validator Node requires certain technical proficiency and hardware means: high-performance server configuration, reliable network connectivity, and the ability to operate 24/7.

At the same time, a necessary condition for the Validator Node operators is that their nodes should always be online; otherwise, penalties will be incurred, including affecting network stability.


Initial Node Allocation on the Titan Network

The number of Validator Nodes for the initial testing phase of the Titan Blockchain is fixed at 30. When the mainnet goes live, the network will completely open these slots.

The top 30 Validator Nodes are selected by a combined amount staked by the community members to make this a fair and decentralized way of doing so.


Testnet Phase Arrangements

In the testnet stage, 20 of 30 nodes are to be operated by the Titan project team in order to maintain stability and security. That is because Titan mints a large amount of test tokens and stakes those tokens on its self-owned nodes so as to ensure those nodes become Validator Nodes.

This strategy helps to make sure that the performance and security are guaranteed at the first stage of the network.


Allocation of Remaining Nodes

The remaining 10 will be allocated based on a consensus algorithm: DPoS. More specifically, these slots are ranked based on the amount of test tokens staked on each node: TTNT.

This will guarantee that nodes with more staked tokens stand a greater chance of becoming Validator Nodes in order to align incentives better with network security and further decentralization.


Community-Driven Validator Node Selection

Community participation will ultimately drive the selection of Validator Nodes. During the test, Titan Blockchain will gradually open more node slots in accordance with real-world conditions, further decentralizing the network and enhancing its security.

Community participants contribute actively to the security of the network through token staking, and in return, they receive rewards and voting rights.


Latest Updates from the Titan Network

As the testnet is operating with efficiency, most nodes in the community perform very well.

Meanwhile, to further decentralize the testnet and also to reward the outstanding work of the nodes in the community, the Titan project team has made the following strategic adjustment

  • Token Staked Reduction in Official Nodes: Tokens staked by each Validator Node, which are currently operated by the Titan team, will be reduced from 150 million to 15 million. The distribution is made in order to reduce the influence wielded by the team and increase the number of decentralized validators.
  • Supporting Excellent Community Nodes: To that effect, Titan Network shall stake an additional 3 million TTNTs into the community nodes that perform excellently. This would enhance their block generation rights and encourage more contributions towards the network.

Revenue Anticipation and Adjustment

These changes in the architecture are very likely to catapult the potential returns for the node operators very significantly.

This could see annualized returns increase from 15% to as high as 110–170%, based on a number of factors including a number of network participation and staking strategy.


Important Notes

  • Nature of Yield: The projected yield is mathematical modeling used during the period of testing. They are not financial returns realized and are, therefore, subject to change.
  • Nature of Test Tokens: The test tokens will carry no value and marketability. It shall be used only for the purpose of testing to optimize functionality and performance atTitan Network.
  • Caution with Regard to Trading of Test Tokens: At all costs, avoid trading a test token. They shall be utilized solely for network development and testing purposes and not for speculation.

Staking Strategy for Health of the Network

Further to this, in an effort to enhance even more the security and stability of the Titan Network, we encourage current test token holders to distribute their stakes across various validation nodes.

This is one way of contributing to a much healthier network, as it increases resistance against a number of potential attacks.

Detailed assessment will be done, and rewards will be dispensed according to staked tokens: not only in quantity, but also in technical contributions, network participation, and community involvement after the testnet phase.


Conclusion

The validator nodes are essentially the fabric that weaves through to guarantee security, decentralization, and integrity in the Titan Network.

Becoming a Validator allows community members to make valuable contributions within the network by receiving rewards and fostering further growth of decentralized technologies.

Moving forward, as the Titan Network continues its path of growth, it places the Validator Node in a position for ongoing importance in driving forward the future of this blockchain-one that will be more secure, decentralized, and resilient.

TITAN
RECRUITING GLOBAL PARTNERS WITH MASSIVE IP RESOURCES
Reading Time
LEARN MORE
TITAN
TITAN NETWORK’S IP INFRASTRUCTURE FOR ENTERPRISE-SCALE PUBLIC DATA ACCESS
Reading Time
LEARN MORE
NEWS
TITAN NETWORK X COINTELEGRAPH: DEPIN TALKS #5
Titan Network × Cointelegraph Accelerator
LEARN MORE
0
Back
BASICS
Share

START EARNING FOR THE RESOURCES YOU DON’T USE

Titan makes it easy to power the internet and earn passive rewards by contributing your unused device resources.

START NOW
Dashboard
🌐 
With Over 3,552,748 Devices

, There Is a Place for Everyone in the Titan Ecosystem

  • x.logo
  • discord.logo
  • medium.logo
  • telegram.logo
Support