What is a Validator?
They are an open, decentralized community of volunteers, and they are DIVI. Anyone can be a Validator with minimal requirements.
Validators are also called “stakers.”
Validators strengthen the network by validating, verifying, notarizing, and further minting DIVI for the Divi blockchain, similar to the process Bitcoin uses to mine coins. This process secures history, makes it immutable with time, and is part of Divi's coin economics engine. Participating in this process allows you to earn staking rewards.
How a Validator earns!
Validators are paid for work validating and verifying groups of transactions, a block, which they also notarize; they also mint DIVI coins and are rewarded for their work. The Validator is incentived to work by keeping 38% of the DIVI coins they mint called stakes. They also reward 45% of the coins to a predetermined masternode, rewarding the remaining to treasuries and charity.
Divi Nodes (masternodes), treasury, and charity only receive payments during the minting process. Without this crucial work by Validators(stakers), no Divi Node or otherwise would receive rewards.
This work is usually accomplished with your personal computer using the Divi Desktop app. Validating is not difficult - however, it requires more individual optimization and oversight than a Divi Node(masternode).
Your local computer and Divi Desktop Application need to run as continuously as possible, with a stable internet connection. **Update** A new way to participate in validating the blockchain is with Staking Vauts. To learn about staking vaults and managers, click here.
To participate, you need DIVI in your Divi Desktop application unlocked for staking. Earning potential is based on the total participants and their individual total spendable amounts. You can start validating immediately, but newly received or moved coins have a warm-up period of about one week to become fully stakeable. Once you satisfy the minimum requirements, you’ll be participating in the beneficial competition to mine blocks. The instances will be stochastic based upon coin weight for fairness and work opportunities.
To learn more about stochastic, click here.
Welcome to Divi. The first step in your journey is downloading and installing the Divi Desktop Application or the Divi Wallet Mobile application
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