What is the meaning of nominating in programming?

Expert

I came across the term "nominating" in a programming context and I'm not sure what it means. Can someone explain what nominating is and how it is used in programming? Are there any specific programming languages or frameworks where nominating is commonly used? Thank you in advance for your help.

Answers 1

A nominator can publish a list of validator candidates they trust and stake EDG to support them. If these candidates become validators, the nominator shares in the payments or sanctions on a per-staked-EDG basis. Unlike validators, there is no limit to the number of parties that can participate as nominators. As long as a nominator carefully chooses trustworthy validator candidates with good security practices, their role carries low risk and provides a steady source of income.