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Become a Validator
Developer Advocate
Validator nodes are crucial to Jumbo Blockchain’s Proof of Nexus (PoN) consensus mechanism. They validate transactions, propose new blocks, and ensure adherence to network regulations, maintaining network integrity. These nodes earn rewards through transaction fees or block rewards, enhancing network security and decentralization. PoN employs periodic selection and rotation of validator nodes to prevent centralization and promote inclusivity and diversity
What is Staking?
Staking is holding onto tokens in a blockchain wallet to support the operation of a blockchain ecosystem. By staking their assets, users can earn rewards from newly minted tokens or a portion of transaction fees.
Staking Benefits
Earn rewards
Reward on staking is one of the best ways to earn passive income. You can earn rewards for running software that validate the transactions into new blocks and keep watch on the actions of other validators, as it is essential for the chain's security.
Better security
Staking makes the network safer. When you stake your tokens, you help keep the network secure by verifying transactions and adding blocks to the blockchain. In turn, this makes it harder for malicious parties to get into the network and makes it safer.
More sustainable
Staking, through reducing energy usage, can assist in boosting the sustainability of blockchain networks by lowering their carbon footprint and minimizing their environmental impact.
