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EtherLite Validator

By: EtherLite Foundation Latest Version: EtherLite_Validator_001
Linux/Unix

Product Overview

About EtherLite Validators

EtherLite runs on a Proof-of-Stake mechanism which requires ETL to sustain the network. Validator nodes are required to stake a minimum of 100,000 ETL and in return validators will receive rewards and fees for their service. If validator does a malicious activity, then his staked ETL are basically confiscated.
Any address with the minimum required candidate stake (100,000 ETL) can become a validator. When an address calls the addPool contract function and meets the minimum required candidate stake, it becomes a candidate and forms a new pool.

Version

EtherLite_Validator_001

Categories

Operating System

Linux/Unix, Ubuntu 20.04 LTS

Delivery Methods

  • Amazon Machine Image

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