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  • 1. Full Node
  • 2. Validator Node
  1. Validators

Validator Node Types

PreviousWho are Validators?NextValidator's Guide

Last updated 3 months ago

There are two types of nodes in the Vine blockchain network:

  1. Full Node

  2. Validator Node

1. Full Node

A full node is a device or software program that fully participates in a blockchain network by validating transactions and blocks, and by maintaining a copy of the entire blockchain.

When a device participates as a full node, it can independently verify the integrity of the blockchain and the validity of new transactions.

Full nodes are an important part of a blockchain network because they help to maintain the decentralized nature of the network by independently verifying transactions, rather than relying on a centralized authority.

  • They also store an updated copy of the blockchain. Due to this, full nodes are much more secure and possess the ability to perform functions such as instant send / receive transactions.

  • Full nodes can read the current state of the chain, and submit transactions directly on the network without a centralized third-party infrastructure provider. Full nodes vote on proposals and contribute to the decision-making for the future of a network.

2. Validator Node

A validator node is a type of node in a blockchain network that is responsible for validating transactions and adding them to the blockchain.

In a proof-of-stake (PoS) blockchain, validator nodes are chosen to validate transactions based on the amount of stake they have in the network. They are rewarded for their work by receiving a portion of the transaction fees or new coins minted as part of the block reward.

Validators play a crucial role in the network's infrastructure. They are responsible for:

  1. Creating new blocks

  2. Ensuring the network's finality

  3. Maintaining the security of the network."

Validator node hosts are required to stake VNE Coins. This is done to encourage good conduct from the node hosts.

  1. Good behavior is rewarded.

  2. Bad behavior results in slashing.

Validator Nodes are not only responsible for their own stake in the network, but they also hold the stakes of Nominators. When a Validator is involved in poor conduct, it can result in a loss of the Nominator's bond, also known as a "slashing" of the Nominator's stake.