Node Validator
Participate in decentralized network consensus, validate transactions, and earn staking rewards.
Weakest this week: $STRONG bottomed out at a 6 gem score
$SWITCH hit a gem score of 66 this week
3 tokens rose and 5 fell this week
Up 63.3% this month, $STAQ is gaining ground
$STRONG is down 47.7% this month
Down 30.5% this month, $FLUX is losing steam
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Holder Distribution ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
SwitchSWITCH | $0.0000761 | 3.1% | -0.5% | -8.1% | $3.41M | $1,160 | 66.42 | Utility+1 | 18,714 | 0.6479 | – |
zkVerifyVFY | $0.005697 | 1.4% | -5.3% | -26.4% | $1.76M | $4,367 | 63.84 | 7,615 | 0.309 | – | |
ObolOBOL | $0.002142 | -0.6% | -18.0% | -23.3% | $704,423 | $1,015 | 57.72 | 10,319 | 0.4355 | 9.767 | |
NodeOpsNODE | $0.004908 | 0.5% | -8.8% | -11.3% | $773,420 | $156.57 | 55.16 | AI+1 | 59,925 | 0.1129 | – |
Hermes NodeHNODE | $0.06274 | – | -1.4% | – | $27,298 | $0 | 35.99 | 226 | 0.0579 | – | |
Staq ProtocolSTAQ | $0.05291 | – | 0.0% | -7.5% | $2,875 | $0.1753 | 23.7 | 338 | 0.071 | – | |
FLUXFLUX | $0.05236 | 0.0% | -7.3% | – | $7,690 | $0 | 12.8 | Compute+1 | 164 | 0.1333 | – |
STRONGSTRONG | $0.05374 | – | -0.6% | – | $3,976 | $0 | 6.555 | Utility+1 | 16 | 0.0363 | – |
Frequently asked questions
How has Node Validator performed recently?
The Node Validator category shows mixed signals over the last 7 and 30 days. zkVerify (VFY) has been a consistent performer, leading streaks for 6 days in both timeframes. In the past 7 days, breadth was evenly split with 4 tokens up and 4 down, and Hermes Node (HNODE) climbed significantly by 1 rank with a 51.4% score increase. Switch (SWITCH) recorded the highest score at 66.0307, while STRONG had the lowest at 6.3807. Over the 30-day window, there were more tokens down (5) than up (3). Staq Protocol (STAQ) and Hermes Node (HNODE) were strong climbers, with score increases of 71.1% and 58.0% respectively. Conversely, STRONG was a significant faller, dropping in score by 47.7%, alongside FLUX with a 30.5% decrease. Switch (SWITCH) maintained the highest score at 66.9446, while STRONG continued to hold the lowest at 6.376.
What is a node validator in cryptocurrency?
A node validator is a participant in a blockchain network responsible for verifying transactions and maintaining the integrity of the distributed ledger. They often stake cryptocurrency as collateral and are rewarded for their service.
How do node validators earn rewards?
Node validators typically earn rewards in the form of newly minted cryptocurrency or transaction fees. These rewards incentivize them to act honestly and maintain the network's security and efficiency.
What are the risks associated with being a node validator?
Risks for node validators can include 'slashing,' where staked collateral is penalized for dishonest behavior or downtime, as well as potential impermanent loss if the value of the staked cryptocurrency declines.
Do I need technical expertise to run a node validator?
Running a full node validator often requires some technical knowledge for setup, maintenance, and troubleshooting. However, some platforms offer simplified solutions or delegated staking options.
How does a node validator contribute to network security?
By validating transactions and participating in the consensus mechanism, node validators help prevent fraudulent activities, double-spending, and ensure the immutability and security of the blockchain.