PAXI Overview & Validator Basics
PAXI is a proof-of-stake blockchain. Validators secure the network by proposing/validating blocks while delegators stake their tokens to trusted validators and share rewards.
Key Concepts
- Validators: run reliable, secure infrastructure to keep the chain live.
- Delegators: choose validators and stake to earn a portion of rewards.
- Commission: validator service fee (NervCore currently 15%, max 20%).
- Slashing: penalties for downtime or double-sign; choose strong operators.
Nerv Cores Approach
- Security-first: strict key management and timely updates.
- Availability: 24/7 monitoring and proactive alerting.
- Transparency: clear commission and public status.