I am looking for resources on the Binance Chain (NOT Binanace Smart Chain), especially on the consensus mechanism.
Any good resource that explains any of the following questions is appreciated:
- How are the validators elected?
- What are the requirements to be one of the 11 validators? Minimum deposit?
- What are the consequences for going offline as a validator?
- What are the consequences for wrongly submitting (pre-)commitments?
- What tool is used to delegate BNB to validators on Binance Chain?
- How often are rewards paid out?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments