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VALIDATORS AND DELEGATORSValidators and Delegators are the foundation of the VSC Network. By processing transactions, each validator helps make Vyvo Smart Chain the first decentralised health data platform in the world.
VALIDATORSValidators on Vyvo Smart Chain stake their Vyvo Coins as collateral using staking contracts to secure the network, and they receive rewards for their services. These rewards are distributed to all stakers based on their stake at each checkpoint, with an additional bonus for the proposer.
DELEGATORSDelegators are stake holders who do not want to run a validator node themselves. Instead, they secure the network by delegating their stake to validator nodes. They play a critical role in the system, as they are responsible for choosing Validators.