Everything you should understand before becoming a validator.

Proof of stake

The Beacon Chain upgrade brings proof-of-stake consensus to Script.

For this, we need active participants - known as validators - to propose, verify, and vouch for the validity of blocks. In exchange, honest validators receive financial rewards.

Importantly, as a validator you'll need to post SCPT as collateral - in other words, have some funds at stake. The only way to become a validator is to make a one-way SCPT transaction to the deposit contract on the current Script chain.

© 2022 Script Technologies ltd, All Rights Reserved.