What is a Pecu Validator Node?
A Pecu Validator Node is a very specific type of full node that has the sole purpose of verifying and processing every transaction on the Pecu Novus Network while only storing a pruned version of the blockchains history. This holds true for coin or token transactions of all types as well as NFT and other digital asset transactions on the network. Storing a pruned version of the full node reduces space requirements dramatically without impacting the role of a Validator..
The validators play a very key role in the continued decentralization of the Pecu Novus Network, the continued scalability, security and speed of the network as a whole. Security and inclusion are a big part of the network and there are encryption protocols in place that protect the network, network members, validators and applications built on the backbone of Pecu Novus.
The Inclusion part is an important one as Pecu Novus does not use a Proof of Work or Proof of Stake model with the validator nodes, the network uses a Proof of Time concept. The reason for this is that it allows anyone in the world to become a validator despite their economic level, as long as they have a basic computer with an internet connection then they have the opportunity to participate. Rewards are issued solely based on the efforts of the Node Validator and not based on the efforts of outside sources such as a Proof of Stake model may rely on. In essence it takes all the positives of a Proof of Work model without the energy consumption while promoting inclusion.
What Coding Knowledge Do Validators Need?
That is a simple answer, NONE.
The Pecu Validator Client works autonomously, so there is actually no human involvement in the process other than activating the node. The Validator simply downloads the client and installs it on their computer, once it is activated then the time it is active will be registered and transactions will flow through their node. Rewards issued are solely based on their efforts, which entails hosting a validator node and keeping it live to improve the security and integrity of the network.
It was very important to have a validator system that allowed anyone to participate and build. The Proof of Time concept has allowed this to occur and such as with the Proof of Work concept, the rewards are based on the efforts of the node validator.
How Can I Become a Validator?
That is a simple answer as well.
First, you need to have a Pecu Digital Wallet, you need this in order for the Validator Node to work. You can click the button below to do this. Then use your computer to access the Pecu Terminal or you can just jump to the second step.
Second, either click the download Validator Node button below or on the top of this page or you can go to the Validator area of your Pecu Terminal to download and install the Validator Node Client to your desktop or laptop computer. Due to this being a pruned full node and working based on Proof of Time, most computers with a high speed internet connection should suffice.
Third, you need to launch the Validator Node Client, log in and the system will do the rest.