Synchronizers and Validators
BTC Mining Pools as Synchronizers to Sync the Raw Block Data from BTC to exSat
Bitcoin mining pools that have mined at least one block within the last 432 Bitcoin blocks (approximately 72 hours) qualify as Synchronizers. Qualified Synchronizers can submit blocks to the exSat network, participate in the consensus process, and earn $XSAT rewards.
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 & XSAT Staking to be Validator Nodes to reach consensus on 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 BTC Validator
After the launch of the exSat network, BTC holders can stake 100 $BTC to qualify as Validators, participate in the exSat consensus and earn $XSAT rewards. The rewards for BTC stakers will be proportional to the amount of BTC they stake.
Staking at Least 2,100 $XSAT to Become a XSAT Validator
Once the BTC and XSAT staking phase begins, XSAT holders can stake 2,100 $XSAT to become Validators, participate in the exSat network consensus, and earn $XSAT rewards. The reward pool for XSAT staking is separate from that of BTC staking, and XSAT stakers equally share the rewards within their pool.
After Synchronizer and Validators’ work, Bitcoin block data is onto exSat and gets consensus on exSat, this brings trustworthy data for all other works.
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