Validators: Help Secure the Network and Earn SOL | Solana (2024)

Validators: Help Secure the Network and Earn SOL | Solana (1)Validators: Help Secure the Network and Earn SOL | Solana (2)

Decentralize the network by providing computing resources.

Current number of validators on mainnet

Current Superminority

Validators: Help Secure the Network and Earn SOL | Solana (3)Validators: Help Secure the Network and Earn SOL | Solana (4)

Validators form the backbone of Solana’s network.

By processing transactions and participating in consensus, each validator helps make Solana the most censorship resistant and highest-performance blockchain network in the world.

Validator Rewards

Protocol Based Rewards

Issuances from a global, protocol-defined, inflation rate. These rewards are delivered on top of earnings from transaction fees.

Staking

Stakers are rewarded for helping to validate the ledger. They do this by delegating their stake to validator nodes. Those validators do the legwork of replaying the ledger and send votes to a per-node vote account to which stakers can delegate their stakes. The rest of the cluster uses those stake-weighted votes to select a block when forks arise.

Learn More

Stake Pools

Stake Pools are a liquid staking solution that promote censorship resistance, decentralization, and the growth of DeFi on Solana.

Learn More

Validating on Solana

Is there a Bug Bounty Program?

Yes! One of our top priorities is the security and safety of the network.We welcome security researchers to submit bug reports and earn rewards fortheir work.

How do I get help running a validator node?

We have a very active community of validators on our Discord server. This is thebest place to get technical support and ask questions.

How do I run a validator node?

To get started, check out our docs on the technical requirements and steps to start your own node.

What’s the Foundation Delegation program?

It’s a Solana Foundation program to incentivize new validators to the network.Read more about it here.

What is a validator?

Validators form the backbone of Solana’s network. By processing transactions andparticipating in consensus, each validator helps make Solana the mosthigh-performance blockchain network in the world.

Who can run a validator node?

Anyone!

Why should I run a validator node?

Validators can earn SOL for helping secure the Solana network.Here's an overview of theeconomics, and here's an overview of stakingrewards.Validators also help increase censorship resistance on the network by increasingdecentralization.

Validators: Help Secure the Network and Earn SOL | Solana (5)Validators: Help Secure the Network and Earn SOL | Solana (6)

Get started

Go here for documentation related to all things Validator, from validator requirements, to troubleshooting.

Go to Docs

Validators explorer

View the current list of validators, their ranking by stake amount, and information about commission below.

View Validators

Server Program

The Solana Foundation Server Program is designed to help new validators get started on the Solana network by providing access to servers at discounted prices through our partners.

Learn More

Delegation Program

Foundation Delegation participants are eligible to receive a delegation from the Solana Foundation.

I am a seasoned blockchain and decentralized network enthusiast with a profound understanding of various blockchain ecosystems, and in particular, Solana. My expertise is grounded in hands-on experience and an in-depth knowledge of the concepts underpinning decentralized networks, consensus mechanisms, and validator operations.

Now, let's delve into the key concepts discussed in the provided article about Solana's network:

  1. Decentralizing the Network by Providing Computing Resources:

    • This indicates the fundamental principle of decentralization in the Solana network, where participants contribute computing resources to support the network's operations.
  2. Becoming a Validator:

    • Validators play a crucial role in Solana's network by processing transactions and participating in consensus, contributing to the network's censorship resistance and high performance.
  3. Current Number of Validators on Mainnet:

    • The article does not provide specific information on the current number of validators. However, this data is essential for understanding the network's decentralization and security.
  4. Superminority Validators:

    • These validators form the backbone of Solana's network and are integral to the consensus mechanism, ensuring the network's reliability and resistance to censorship.
  5. Validator Rewards:

    • Validators receive rewards based on a global, protocol-defined inflation rate. These rewards are in addition to earnings from transaction fees, encouraging participation and securing the network.
  6. Protocol-Based Rewards:

    • The rewards are protocol-defined and are distributed globally, contributing to the overall economic model of the Solana blockchain.
  7. Staking:

    • Stakers are rewarded for helping validate the ledger by delegating their stake to validator nodes. Stake-weighted votes from validators play a role in block selection when forks arise.
  8. Stake Pools:

    • Stake Pools are a liquid staking solution promoting censorship resistance, decentralization, and DeFi growth on Solana.
  9. Validating on Solana:

    • The article encourages individuals to run validator nodes, emphasizing the economic benefits, and highlights the importance of validators in increasing censorship resistance.
  10. Bug Bounty Program:

    • Solana has a Bug Bounty Program, demonstrating a commitment to the security and safety of the network. Security researchers are encouraged to submit bug reports and earn rewards.
  11. Validator Node Support:

    • The article directs individuals to the Discord server for technical support and assistance in running a validator node.
  12. Foundation Delegation Program:

    • It is a program by the Solana Foundation to incentivize new validators, providing additional information for interested parties.
  13. Validator Node Requirements:

    • Detailed documentation is available for those interested in running a validator node, including technical requirements and steps to start.
  14. Economics and Staking Rewards Overview:

    • Validators can earn SOL for securing the network, and the article provides additional resources for understanding the economic aspects and staking rewards.
  15. Increasing Censorship Resistance:

    • Validators contribute to the network's censorship resistance by enhancing decentralization.
  16. Validators Explorer:

    • A tool to view the current list of validators, their ranking by stake amount, and information about commission.
  17. Server Program and Delegation Program:

    • The Solana Foundation offers programs to support new validators, providing access to servers at discounted prices and delegation opportunities.
  18. Dashboard:

    • The article concludes by mentioning a dashboard, presumably offering real-time data and insights into the Solana network.

In summary, Solana's ecosystem involves active community participation, economic incentives for validators, and a robust infrastructure to support network decentralization and security. If you're interested in contributing to the Solana network, the provided documentation and support programs are valuable resources to get started.

Validators: Help Secure the Network and Earn SOL | Solana (2024)
Top Articles
Latest Posts
Article information

Author: Nathanial Hackett

Last Updated:

Views: 5766

Rating: 4.1 / 5 (52 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Nathanial Hackett

Birthday: 1997-10-09

Address: Apt. 935 264 Abshire Canyon, South Nerissachester, NM 01800

Phone: +9752624861224

Job: Forward Technology Assistant

Hobby: Listening to music, Shopping, Vacation, Baton twirling, Flower arranging, Blacksmithing, Do it yourself

Introduction: My name is Nathanial Hackett, I am a lovely, curious, smiling, lively, thoughtful, courageous, lively person who loves writing and wants to share my knowledge and understanding with you.