September 23rd, 2024 by Chrispyman
What is a Validator?
A validator is a participant in a blockchain network who is responsible for verifying transactions and creating new blocks. Validators must meet certain technical requirements to ensure that they can handle the demands of the network. In return for their work, validators receive rewards in the form of the network’s native cryptocurrency.
(https://www.howtopulse.com/pulsechain-validators/#What-is-a-validator?)
“How much money can you make” -RHMAX
3 primary factors
1) Number of validators you run, can be 1 or 10 or 100+
2) Current network APR, it can fluctuate when new validators come online, and old validators exit)
3) $PLS price (which obviously can go up and down). (1) validator today can cost $1,470 to deposit. In the future it could cost $1200 or $64,000 (cost varies with PLS)
Current Data
Current Reward Annual Percentage Rate (APR) 9.93%
Current PLS Price 0.00004595
32M PLS deposit required per validator ~$1,470
48,728 Validators currently deployed as of 9/23/2024
Explore Validating by reviewing the attached PDF
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