Validator

A validator is a participant in a blockchain network who validates and verifies transactions and blocks using a consensus algorithm, often Proof of Stake (PoS) or Delegated Proof of Stake (DPoS).

By verifying the legality of transactions and adding them to the blockchain, validators safeguard the correctness and security of the ledger. In PoS systems, validators are selected to produce new blocks and are motivated to abide by the network’s rules to preserve its integrity.

More Definitions

Virtual Currency

A digital representation of value utilized as a means of trade within a particular virtual or digital ecosystem is known as virtual money. These currencies often only exist in digital form and are decentralized.

Volatility

Volatility is the degree to which the price or value of a financial item, like a stock or cryptocurrency, changes or fluctuates over time. Low volatility signifies relatively consistent and predictable price swings, whereas high volatility suggests considerable and swift changes in the asset's price.

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