Learn about Validators

Introduction​

A validator plays an essential role in our network and is responsible for crucial tasks, including block production and transaction confirmation. A validator needs to maintain a high communication response capability to ensure the seamless operation of the Uomi ecosystem.

Role of validators in the Uomi ecosystem​

Validators maintain our ecosystem by collecting transactions from users and validating blocks securing the network.

Performance of the network depends directly on validators. To ensure optimal performance of the network, a slashing mechanism is implemented.

UOMI-ENGINE​

Validators are a key element of UOMI-ENGINE, they executes Agents when a request is made by an user, and save the output for the OPoC

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Validator election mechanism​

Election process​

To join the election process you must register for a validator and bond tokens, see Validator Requirements for details. When your node fits the parameters and checks all the boxes to become a validator, it will be added to the chain. Note: if your validator doesn’t produce blocks during two sessions (2h) it will be kicked out.

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Validator reward distribution mechanism​

At every block you produced as a validator, rewards will automatically be transferred to your account. The reward includes block reward + fees + Agents fees.

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Slash mechanism​

A slashing mechanism is implemented on Uomi and Finney networks - a validator that doesn't produce blocks during two sessions (2 hours) will be slashed 1% of its total stake and kicked out of the active validator set. This slashing ensures the best block rate and prevents malicious actors from harming the network without financial consequences.