What is Validator?
A Validator is a participant who:
Locks SPE tokens in the system
Runs validator and block producer nodes in order to help run the network.
The role:
Run a full node
Produce blocks
Validate and participate in consensus and commit checkpoints on the main chain.
📝How Defi applied in SpeedNode?
DeFi is “decentralized finance,” an umbrella term for a variety of financial applications geared toward disrupting financial intermediaries.
Speednode builds a Defi with many modules suitable for developers who want to build fast and lean chains
What is the SpeedNode gas fee?
Every transaction on the Blockchain consumes the computing power of the virtual machine, so you need to pay the miners a fee
Thus, gas fee is the method of calculating the cost that you have to spend for your transaction.
SpeedNode gas fee is ETH.
🌎What is Trend Metaverse?
💫Metaverse is a virtual space created from the Internet and reality tools. After Mark Zuckerberg's statement about orienting Facebook to a ""Metaverse company"", now it has become a very hot keyword.
💁♀️Following the detail here: https://t.co/N8EV9PItBx
📕What is the Plasma protocol?
🔑The Plasma protocol is a new scaling solution that allowing the creation of “child” blockchains tied to the “main” Ethereum blockchain.
🔑With the better version of Plasma, Speednode will create the fastest global Ethereum network
Why SpeedNode Network?(Part 5)
Security:
SpeedNode combines Plasma with PoS to create new chains on Ethereum that will
further improve security by minimizing costs and work that the thread has to handle. DApps ensure a superior user experience in a secure and decentralized manner
🛍Why SpeedNode Network? (Part 4)
🍁Minimum transaction fees:
From improving transaction speed and scale blockchains to simplifying the work that chains need to handle, thereby reducing transaction fees.
☘️Why SpeedNode Network? (Part 3)
🔐High transaction speed: Thanks to the enhanced version, SpeedNode has the ability to increase transaction speeds thousands of times over normal speeds. This is also partly supported by the scalability of chains in the network.
📒Why SpeedNode?(P2)
Easy to custom and optimize:
ETH is known as poor UX,so it is very hard for developers to build a DApp that can be adapted while useful for users
SpeedNode allows all developers to custom and optimize chains to fit with their products.They can scale it easily
💥Why SpeedNode Network? (Part 1)
💦Multi-chain network:
SpeedNode builds a multi-chain network with many modules suitable for developers who want to build fast and lean chains. SpeedNode was born for developers to remove the limits of Ethereum.
🌈Vero Farm is a game which is built for everyone and uses Blockchain technology to connect millions of people around the worldwith concept Play to Earn. Earning VERO tokens by playing and using them to decide the future of the game
SpeedNode's growth potential is certain. Let's go along with the project!
💦Find out more:
⚡️Website: https://t.co/Xrq1THa2Zl
⚡️IDO: https://t.co/Xrq1THa2Zl
⚡️Telegram Channel: https://t.co/YSamdIcgDZ
⚡️Telegram Group: https://t.co/C6AlqjOf32
✅What is Plasma protocol and how does it benefits? (Part 2)
1. Plasma acts as a smart contract that is scalable to a significant amount of state updates per second (billions)
2. Plasma will help the Ethereum blockchain handle much larger data sets than it currently has.