EXSAT Mining Pool and Validator
The BTC mining pool acts as a synchronizer to synchronize the original block data from BTC to exSat
Mining pools that are eligible to submit block headers and block data to the docking layer can serve as synchronization nodes.
Since the docking layer smart contract performs block verification, invalid blocks will be directly rejected. There is a reward mechanism to incentivize data submission.
BTC pledge becomes a verification node to verify the data provided by the synchronizer
Validators contribute trust and security to exSat. They will check and verify the data provided by synchronizers respectively and reach consensus on the data using the PoS model. BTC and XSAT tokens need to be staked to qualify as validators, aligning their interests with the security and reliability of the network.
Stake 100+ BTC to become a validator
To become a validator node, a node must stake at least 100 BTC. Before XSAT staking begins approximately 6 months after the network launch, only the top 21 nodes with the most BTC staked will be eligible to serve as validators. This requirement ensures that validators have a significant financial commitment to the network, which improves security and reduces the risk of malicious behavior.
Obtain income rights through XSAT staking
In addition to staking BTC, nodes must also stake XSAT tokens to receive the right to income. Only the top 21 nodes with the most XSAT staked are eligible to receive income. The distribution of income among these nodes will be proportional to their BTC staking rate. This mechanism incentivizes nodes to actively participate in the network and maintain a large amount of XSAT staked.
commission
Validators have the flexibility to configure their desired commission percentage, which determines their share of revenue.
After the work of synchronizers and validators, Bitcoin block data is transmitted to exSat and consensus is reached on exSat, which brings trusted data for all other work.
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