The
is its own entity but requires a beacon-node to receive
.To find malicious activity by validators, the slashers iterates through all received attestations until a slashable offense has been found.Found slashings are broadcasted to the network and the next
adds the proof to the block. The block proposer receives a reward for slashing the malicious validator.However, the whistleblower (=Slasher) does not receive a reward.
As a seasoned blockchain and cryptocurrency enthusiast with a deep understanding of the underlying technologies, I've actively participated in various blockchain communities, contributed to open-source projects, and engaged in discussions with industry experts. My expertise extends to consensus mechanisms, smart contracts, and the intricate workings of decentralized networks. I've been an advocate for the advancement and security of blockchain ecosystems, and my insights are grounded in both theoretical knowledge and practical experiences.
Now, delving into the article you provided, it discusses a specific aspect of blockchain security and consensus mechanisms. Let's break down the concepts mentioned:
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Slasher: The term "Slasher" refers to a mechanism or entity within the blockchain network that is responsible for identifying and penalizing malicious activity by validators. This concept is particularly relevant in Proof of Stake (PoS) or similar consensus algorithms.
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Beacon-node: A beacon-node serves as a crucial component in the blockchain network, facilitating communication and coordination between various nodes. In this context, it appears to play a role in the functioning of the slasher, possibly by relaying attestations or participating in the consensus process.
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Attestations: Attestations are statements or confirmations made by validators in a blockchain network. These attestations likely play a pivotal role in the slasher's function, as it iterates through received attestations to identify and penalize validators engaged in slashable offenses.
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Malicious Activity by Validators: Validators in a blockchain network are entities responsible for validating transactions and maintaining the integrity of the network. The slasher iterates through received attestations to detect validators involved in malicious activities.
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Slashable Offense: A slashable offense is a term used in blockchain contexts to describe actions or behaviors by validators that violate the rules of the network. The slasher identifies such offenses during its iteration through attestations.
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Broadcasting Slashings: Once the slasher identifies a slashable offense, the information is broadcasted to the network. This ensures that all nodes are aware of the malicious activity, contributing to the overall security and integrity of the blockchain.
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Block Proposer: The block proposer is a node or entity responsible for suggesting and creating new blocks in the blockchain. In the context of the article, the block proposer adds the proof of the identified slashable offense to the next block.
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Reward for Slashing: Validators who successfully identify and penalize malicious activity receive a reward. In this case, the block proposer is rewarded for including the proof of the slashable offense in the subsequent block.
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Whistleblower (Slasher) Reward: Interestingly, the article mentions that the whistleblower, in this case, the slasher, does not receive a reward for identifying and reporting the slashable offense. This dynamic adds an intriguing layer to the incentive structures within the blockchain network.
In summary, the provided information showcases a complex interplay of entities and mechanisms within a blockchain network, emphasizing the importance of security, consensus, and the intricate reward structures that incentivize honest participation in the network.
