What are the requirements to become a Cardano validator?
Can you please provide me with the detailed requirements to become a validator on the Cardano network? I am interested in participating in the network and want to know what qualifications and resources are needed to become a validator.
1 answers
- olumide abiodun olumide abioduDec 03, 2024 · a year agoBecoming a validator on the Cardano network is a great opportunity to contribute to the security and decentralization of the blockchain. To become a validator, you need to meet certain requirements. Firstly, you need to have a minimum stake of 2,000,000 ADA. This ensures that validators have a significant investment in the network and are incentivized to act honestly. Secondly, you need to have a reliable and secure server infrastructure to run a Cardano node. This includes having sufficient computing power, storage capacity, and a stable internet connection. Lastly, you need to have a good understanding of the Cardano protocol and its consensus mechanism. This will allow you to actively participate in the network and contribute to its growth and stability.
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