Mining Pools and Validators

BTC Mining Pools as Synchronizers to Sync the Raw Block Data from BTC to exSat

Mining Pools, who are qualified to submit blocks to the exSat, can act as a synchronizer node.

The Bitcoin block data submitted by Synchronizers undergoes stringent validation within smart contracts. A block is only accepted as valid when its hash aligns with the consensus result from Validators. The fastest Synchronizer to upload the correct block data receives XSAT rewards. To learn more about Synchronizers, click here.

BTC Staking to be Validator Nodes to Verify the Data Provided by Synchronizers

Validators contribute trust and security to exSat, they will use a PoS model to achieve consensus to the Bitcoin block data. Staking of BTC and XSAT tokens is required to be qualified as validators, thereby aligning their interests with the network’s security and reliability.

Staking at Least 100 BTC to Become a Validator During the Network Launch

During the exSat network launch, Bitcoin blocks from height 840,000 to the latest block will be uploaded to the exSat network. Throughout this catch-up phase, candidate Validators must stake a minimum of 100 BTC to qualify as Validators and participate in the exSat consensus process. Validator rewards will be proportional to the amount of BTC staked, and this phase is expected to last approximately six months.

Staking at Least 21,000 XSAT to Become a Validator During the XSAT Staking Phase

Once exSat has synchronized with the latest Bitcoin block, the network will transition to the XSAT staking phase. In this phase, candidate Validators need to stake at least 21,000 XSAT to qualify as Validators and participate in exSat’s consensus mechanism. However, to earn rewards, Validators must also stake BTC, with rewards proportional to the amount of BTC staked.

After Synchronizer and Validators’ work, Bitcoin block data is onto exSat and gets consensus on exSat, this brings trustworthy data for all other works.