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validator

validator

7.5
A participant in a blockchain who checks transactions and helps add new blocks by staking cryptocurrency
  • noun
  • /ˈvælɪˌdeɪtər/
  • Specialized
translation icon : validador
  • The validator plays a crucial role in confirming new blocks and maintaining the integrity of the distributed system.

Another big issue highlighted is that validators are able to front run big orders for higher trading profits.

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Examples

  • It's more trouble building the validators than simply locking down the spreadsheet and forcing it into ODBC mode.

    Blog text (27)

  • So and then the validator in the proof of stake model, then it's penalized if they submit a transaction that's wrong.

    Evan Carmichael

  • Anyway, the surge in transactions caused a memory error resulting in transactions crashing validators systems.

  • It raises the risk that a small number of large validators could gain enough power to alter the blockchain for financial gain.

  • In addition, the accreditation process presents overarching goals that allow CDC staff and validators to put measurable standards in a context of quality.

    Academic text (1996)

  • In a blockchain network, a validator ensures that each transaction is legitimate before it's added to the ledger.

  • As a validator, he staked cryptocurrency to verify transactions and help secure the network.

Synonyms

miner
vsvalidator
  • Texting
12 6.1

A person or company that uses computers to earn new digital money by checking transactions

uses staking to confirm blocks and secure the network instead of hardware
authenticator
vsvalidator
  • Specialized
4 7.1

A person or device that checks if something is real

works within distributed ledgers to verify transactions and participate in block creation
certifier
vsvalidator
1 4.8

A person or organization that checks if something meets needed standards

acts in the blockchain context to check transactions and help form new blocks
verifier
vsvalidator
  • Specialized
6.3

A computer program that checks digital files or signatures are valid

operates as a network participant that also helps confirm blocks by staking

Surface Forms

validator singular
validators plural

Morphology

validator = validate (transparent) = validate + or

Formed by adding an agentive suffix to 'validate'; meaning 'one who validates' is directly derived.

Etymology

Validator comes from the root valid, the same root as validate, and it means 'strong' or 'true'. In a blockchain, a validator checks and approves transactions and often risks their own stake, so they help make the system reliable and trustworthy.