Before understanding the super validation nodes, let’s look at the decentralized nodes in the blockchain.
Everyone knows that one of the biggest features of the blockchain is [decentralization]. Decentralization is closely related to the nodes distributed in the network. All nodes in the network are equal and distributed. Each node is equal to one another. The nodes provide services together, and there is no special node, no server, no central server or hierarchy.
In this case, it means that every transaction and every block needs all nodes to reach consensus and confirm, but it takes time, which greatly sacrifices efficiency and restricts network performance, which is also part of the decentralization cost (PoW-based consensus mechanism in the blockchain, with a block generation time of 10 minutes).
If you want to increase the block speed and confirmation time, it must be impossible to achieve it through decentralization, while you must reduce the number of nodes.
What is a super validation node?
Phantom uses the consensus mechanism of DPOS (Delegated Proof of Stake), which is different from the traditional POW (Workload Proof) and POS (Proof of Stake), so Phantom belongs to Blockchain 3.0. The biggest benefit of this approach is the speed and efficiency of processing. We all know that bitcoin can complete 7 transactions per second, but Phantom can achieve a million transactions per second. However, in order to achieve millions of transactions per second, you must reduce the number of nodes. So this time, 111 super validation nodes are to be elected. The 111 super validation nodes can just balance Phantom decentralization and the efficiency of block generation. The implementation of the DPOS algorithm requires 111 super-authenticated nodes and several hundred spare nodes. The 111 super authentication nodes are currently competing and being elected.
The Phantom Super Verification node is equivalent to 111 mayors in a country that are the normal managers of the country. Every person holding Phantom is an ordinary voter. You need to select the mayor you think has the ability to make this country more prosperous, so that the Phantom in your hand is more valuable.
To put it simply, everyone uses Phantom Token in their hands to vote for all node candidates. Whoever has more votes can be elected as the master node.
The roles of super validation node:
1. To provide server nodes to ensure the normal operation of the nodes;
2. The node server collects transactions in the network;
3. The node verifies the transaction and packages the transaction into the block;
4. The node broadcasts the block, after other nodes verify and adds the block to their own database;
5. Guarantee and promote the development of blockchain projects.
Voting rules
Any Phantom can cast 1 vote. That is, if you have 1 Phantom, you can vote for 1 node, but you can’t cast more than 1 vote for a node, which means 1 Phantom can only give one vote for a single node. The more Phantom super validation nodes are, the more participants are. It is more important to provide maintenance for the system and it is also an important course for the whole decentralization management.
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