As a part of the PoS consensus mechanism, validators are liable for verifying new blocks and adding them to the chain to earn rewards. For instance, within the Bitcoin community (which uses PoW), all miners are nodes, however not all nodes are miners. Some nodes simply relay transaction information and maintain a duplicate of the blockchain. The PoS block validation additionally has an equal to the mining pools utilized in PoW blockchains. Network users, primarily those that don’t qualify as validator nodes, can lock their cryptocurrency in these pools to earn consistent rewards from the block validation activity. On the other hand, validators can validate transactions on Proof-of-Stake (PoS) blockchains without particular hardware.
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