Overview
KUB Proof-of-Stake
KUB Proof-of-Stake (PoS) is a consensus mechanism on the KUB network that allows participants with enough tokens to serve as validators and delegators by staking KUB Coin. The KUB PoS mechanism provides several benefits, including energy efficiency, scalability, faster transactions, and strong security measures that ensure network integrity, enable nodes to operate correctly, and enhance the security and decentralization of the blockchain network.
Staking on KUB Network
Staking involves depositing the KUB Coin to activate the validator. A validator's role includes storing data, processing transactions, and adding blocks to the blockchain. This active participation helps secure the KUB network, benefiting all users and allowing validators to earn additional KUB Coin rewards.
Validators
A validator is a group of individuals who validate transactions on the KUB network to ensure their security and the decentralization of KUB.
Solo Node
A solo node on the KUB network allows complete control and full participation rewards. Those considering solo staking should have at least 10 KUB and a computer connected to the internet, which must maintain 100% uptime.
Pool Node
A pool node on the KUB network allows delegators to delegate their KUB Coin to this node type, increasing staking power and the chances of the node validator to mine a block on the KUB network. Those considering pool staking should have at least 1,000 KUB and a computer connected to the internet, which must maintain 100% uptime.
Delegators
Delegators are groups of individuals who participate in validating transactions with the validators. The delegators jointly stake the KUB coin with the validator to delegate authority to the validator to validate the transaction. The delegators receive rewards based on the proportion of staking power under which the delegator can do without its technical knowledge or infrastructure.
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