CNET Nodes

CyberNetwork relies on a robust network of validators to secure and validate transactions, ensuring the integrity and efficiency of the blockchain. Validators play a critical role in maintaining the network's decentralized nature and consensus mechanism. Here's an overview of the validator system on CyberNetwork:

Validator Enrollment: In the CyberNetwork ecosystem, individuals and entities have the chance to become validators through a staking process. Instead of acquiring BLS keys as NFTs, aspiring validators are required to stake 600,000 CNET tokens. This approach ensures a commitment to the network's security and performance, allowing up to a maximum of 300 validators to actively participate in the consensus process and validate transactions on the blockchain.

Delegator Engagement: Validators have the option to accept delegators who wish to participate in staking activities but may lack the technical expertise or resources to run their validator node. Delegators can delegate their tokens to validators, contributing to the network's security and earning rewards in return.

Staking Rewards: Validators earn rewards for their contribution to the network, with a certain amount of CNET token per epoch. Validators can further enhance their rewards by accepting delegators into their staking provider. By effectively securing the network and validating transactions, validators play a pivotal role in CyberNetwork's success and sustainability.

Staking Pool Management: Validators can create staking pools, allowing them to pool resources from multiple delegators and collectively stake tokens on the network. Validators can apply service fees to staking pools, enabling them to earn additional rewards from delegators for providing valuable staking services.

By fostering a vibrant ecosystem of validators, CyberNetwork ensures the decentralization, security, and efficiency of its blockchain, laying the foundation for a resilient and scalable infrastructure for the future of blockchain technology.