Nominators

« Back to Glossary Index

These are one of the two main actors who are involved in the blockchain network that makes use of the nominated Proof-of-Stake (NPoS) consensus algorithm. It involves the process of selecting or nominating the validators that are permitted to participate in the consensus protocol. It is mostly used by the Substrate-based blockchains like Polkadot (DOT) and Kusama.

« Back to Glossary Index

Check Also

new-mining-strategies-crypto-halving

New Mining Strategies You Need To Incorporate After Crypto Halving

Good News! The Bitcoin network has already crossed its 800,000th block at the end of …