⛓️Consensus Node - Validator
What is a Consensus Node (Validator)?
A Consensus Node (Validator) is a key component of the Titan Blockchain network, responsible for validating transactions and maintaining the security and integrity of the blockchain. Each consensus node ensures that all nodes agree on the consistency of the state of the blockchain and the authenticity of the data by participating in a consensus mechanism (e.g. Tendermint).
Responsibilities of consensus nodes
Validate transactions: Receive and validate transactions in the network to ensure their legitimacy and accuracy.
Pack blocks: packs verified transactions into blocks and broadcasts them throughout the network.
Participate in consensus: Participate in block-out and on-chain governance through consensus algorithms (e.g. Tendermint) to ensure the security and consistency of the blockchain.
Resist Attacks: Improve the attack resistance and fault tolerance of the network through distributed node deployment.
Node Setup and Operation
The setup and operation of consensus nodes requires certain technical capabilities and hardware resources. Specific requirements include high-performance server configuration, stable network connection and 24*7 continuous operation capability.
Initial Node Allocation
At the initial stage of Titan Blockchain testing, the number of consensus nodes will be set at 30. When the main network is turned on, the consensus nodes will be completely open, and the top 30 slots will be taken as consensus nodes by ranking the number of tokens staked by the community.
Arrangements for the testnet phase
In the testnet phase, in order to guarantee the security and stability of the network, the Titan project team will run 20 of the nodes. The rationale for this is that Titan mints a large number of test tokens and stakes these test tokens on its own nodes to ensure that these nodes can become consensus nodes. This arrangement helps ensure performance and security in the early stages of the network.
Allocation of Remaining Nodes
The remaining 10 slots will be allocated according to the DPoS (Delegated Proof of Stake) consensus mechanism. Specifically, these slots will be ranked based on the number of test tokens TTNT staked on each node, with the more tokens pledged on Titan nodes being more likely to become consensus nodes.
The community determines the consensus node
Ultimately, the ability to become a consensus node is determined by community behavior. As the test proceeds, Titan Blockchain will gradually open up more node slots according to the actual situation, further enhancing the decentralization and security of the network. Community members can actively participate in the security maintenance of the network by staking tokens, and receive corresponding rights and rewards through staking tokens.
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