Version 4 of the Pulsechain testnet has been activated only a few hours ago.
Performance is very stable and people are preparing to get ready for launch of the mainnet.
Pulsechain is already printing record numbers !
The number of active validators on the Pulsechain testnet already outperforming all existing blockchains. At the time of this post, 4225 validators are running world-wide on Pulsechain testnet performing their services.
Pulsechain has not yet starting mainnet but people managed to spin-up their own validator nodes. This is a strong indicator that Pulsechain will become the number one decentralized L1 blockchain once it will started. It has already outperformed Cardano by far, which is running for almost 3 years now.
Watching live ⬇️
Becoming a validator for a blockchain can be also a rewarding experience. Validators earning part of the transaction fees for their service.
A validator node is a participant in a blockchain network that validates transactions and ensures the integrity of the blockchain. Validators are responsible for checking the validity of transactions, maintaining the blockchain's consensus, and adding new blocks to the blockchain.
Having a high number of validators in a network has become important because of:
- High degree of decentralization: Having multiple validator nodes ensures that no single entity or group has control over the network. Decentralization is a crucial aspect of blockchain technology as it ensures transparency, security, and reliability.
- Increased Security: With more validator nodes, it becomes increasingly difficult for malicious actors to attack the network. An attacker would need to compromise multiple nodes simultaneously, making it highly improbable.
- Improved Network Resilience: If some validator nodes go offline or fail to validate transactions, the network can continue to operate as long as there are enough active validators. This redundancy helps to ensure the continuity of the network.
- Improved Consensus: The more validator nodes there are in a network, the more reliable the consensus mechanism becomes. It becomes much harder for any single validator node to manipulate the consensus process.
- Increased Network Speed: More validator nodes can improve the speed of the network. With multiple validators working simultaneously, transactions can be validated faster, and blocks can be added to the blockchain more frequently.
- Greater Participation: Having more validator nodes encourages more people to participate in the blockchain network, which can lead to increased diversity, creativity, and innovation.
Having as many validator nodes as possible in a blockchain network is essential to maintain decentralization, security, resilience, consensus, speed, and participation. If you are interested in becoming a validator node, it is essential to research the blockchain's requirements and follow the necessary procedures. Follow the implementation checklist