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Edgeware Mod 5C2C49BE-0B07-4C3F-8D36-B1FB2C7ACC0C Created with sketchtool. 186 Stranger 3 Oct 4 2023 9:22

Why is it important to validate on Edgeware?

  • Edgeware
  • Edgeware Validator
  • Edgeware Staking
    • Edgeware
Expert

I am new to Edgeware and I am wondering why it is important to validate on this platform. Can someone explain the benefits of validating on Edgeware and how it differs from other blockchain platforms? Also, what are the risks of not validating on Edgeware? Thank you in advance for your help.

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undefined 5C2C49BE-0B07-4C3F-8D36-B1FB2C7ACC0C Created with sketchtool. 0 Stranger 0 Oct 4 2023 9:22

Edgeware is a type of proof-of-stake network that relies on Validators to ensure that transactions are valid and secure. Validators are rewarded with fees from both the block reward and transactions, which they can then use to influence governance decisions on the network. This system incentivizes Validators to act in the best interest of the network and its users.