As for your information, the cryptocurrency has grown past that infant stage where we are surrounded by just few blockchain or cryptocurrency protocols. It has attained one of the best fit that you can every dreamt of think of, this is why I am so glad when it comes to me doing anything that deals and relates to the cryptocurrency ecosystem. The cryptocurrency ecosystem is filled with so many interesting things and if you are ready to learn, the cryptocurrency ecosystem is here to teach you and if you are ready to fail, you are free to choose your mantle in the cryptocurrency ecosystem and the blockchain at large. What I am trying to say here is that whatsoever part that you chooses, you will surely finds all here in the cryptocurrency ecosystem and the blockchain at large. Ever since the great Nakamoto Satoshi created the blockchain we can see that the cryptocurrency blockchain has done a great work. There was a time that I said that the best thing that can happen to everyone in this computer age is embracing the cryptocurrency ecosystem. Don't for any reason takes it what I have spoken or said for granted. From the look of things we all knows that the cryptocurrency ecosystem will be ruling the entire globe/world for a very long period of time.
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Just like what I said above, the moment you key into the cryptocurrency ecosystem you should be open minded, this is simply because they are so many things to learn. The cryptocurrency ecosystem and the blockchain at large is a teacher I must admit. One thing that you should know is that everybody that is teaching you in the cryptocurrency ecosystem today was once a student here. They learn through various means and medium. We all can see how all this has grown in to impacting their lives positively. This is showing that when it comes to the cryptocurrency ecosystem and the blockchain at large, since it is decentralized, you are free to do whatsoever thing that you wanted.
As for your information, you should knows that some blockchain have their own name as regard being called validator. Like in hive ecosystem we have witness, it all means same thing. So let us digress to what we have at hand. I will be explaining this in an easy format so that we all can be carried along.
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A validator is a participant of a Proof-of-Stake (PoS) blockchain network. As part of the PoS consensus mechanism, validators are responsible for verifying new blocks and adding them to the chain to earn rewards.
The good thing about validators that I have grown to love so much is that they earn reward from doing this. This is what is motivating them to be able to take part in such activities. In the process of making money, they spend alot of money also. It is never an easy option to run as a validator, you should be ready to spend heavily. As a validator you should be read to make sure that your programmes are online day in day. We all knows that to do this you will be spending heaving in electricity tariff. If you try such in my country you might make good amount of lost. This is simply because there is poor electricity here. This will sees you buying PMS. We all knows that Pms is very expensive, you won't be able to cope with this.
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As for your information, validators are very important in any blockchain out there, the reason why some cryptocurrency ecosystem are still standing today is simply because of the validators that they have supporting such blockchain. As for your information, as a validator you will need to make sure that you have stake in such cryptocurrency project, this is to build trust in that cryptocurrency ecosystem. This is the reason why I said you must operate POS system. PoS simply means Proof of Stake. Most of the blockchain out there are operating proof of stake system and I have seen few operating proof of work system. I have only seen one operating the both, the proof of stake and the proof of work.
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I will end the post here, have a nice day.