Validators are the lifeblood of the GLITCH blockchain. Learn how validators play a crucial role in maintaining the security and efficiency of the network. They actively participate in consensus, using a unique mechanism known as decay Nominated Proof of Stake (dNPoS). The power of validators isn't absolute or concentrated, and it decays over time, promoting a fair distribution of power within the GLITCH network.
GLITCH is a blockchain-agnostic super protocol explicitly designed for trustless money markets and decentralized financial applications (dApps). Glitch solves the expensive fee structure of other blockchain platforms while simultaneously rewarding all ecosystem participants and guaranteeing low network fees. Glitch plans to incorporate token wrapping bridges, where dApps can run more efficiently, all in service of Glitch's ultimate goal: to become a cornerstone of DeFi infrastructure.
One of the key benefits of GLITCH is its unique revenue-sharing model, which aims to solve the expensive fee structure of other blockchain platforms. The protocol rewards ecosystem participants and guarantees low network fees, making it an attractive option for developers and users alike. Glitch plans to incorporate token wrapping bridges, where dApps can run more efficiently, all in service of Glitch's ultimate goal: to become a cornerstone of blockchain infrastructure.
Some of the benefits of GLITCH for developers and users include:
- Low network fees
- High throughput and low latency
- Token wrapping bridges
- Interoperable and blockchain-agnostic
- Revenue sharing mechanism
- Providing a reliable and efficient protocol for money market dApps
- Modularity allows for flexibility and scalability in the development process
Website: www.glitch.finance
Follow us on Twitter: [ Ссылка ]
Join Discord: [ Ссылка ]
Join the Telegram Community: [ Ссылка ]
Telegram: Announcements: [ Ссылка ]
Validators On GLITCH: Securing The Layer-1 DeFi Blockchain
Теги
defiblockchainlayer-1glitchglitch protocolglitch financecryptocurrencyethereumdappsdecentralized financeglitch protocol defidefi layer 1 blockchaindefi layer-1 blockchainvalidatorsglitch validatorsdefi validatorsnominated proof of stakemainnetmainnet defi blockchainmoney marketsdefi money marketsdecentralization blockchaindecentralizationsmart contractssmart contracts glitchvalidator rewards blockchainwhat is defideveloperbuild defi