Run a BTC Validator

The operations of a BTC Validator involve two roles:

Validator

In exSat, there is a group of Validators responsible for reaching consensus on the BTC block hashes to ensure the imported BTC block data is correct. Each Validator independently obtains the BTC block hash and submits it to exSat. Consensus on the current block hash is achieved when the block hash submitted by more than 2/3 of the Validators matches. Validators must stake at least 100 $BTC to participate in the consensus.

Validators must stake an initial 100 $BTC themselves to qualify as a Validator. Once this requirement is met, they can accept delegated staking from the community. Validators can set a commission rate, where a portion of the rewards is allocated to the Validator as a commission, and the remainder is distributed to the Stakers who delegated their stakes to the Validator.

To perform their duties, Validators must obtain Bitcoin block hashes from reliable sources, such as by operating their own Bitcoin node. Additionally, they need to run the Validator client to submit these block hashes to the exSat network.

Delegate Staker

Everyone who holds $BTC can be a delegate staker. Delegate stakers can stake their $BTC to a BTC Validator to earn the $XSAT staking rewards. Delegate stakers can view the validators on this page and choose one to stake. Delegate stakers can claim rewards on this page. Delegate stakers do not need to run the Validator Client themselves, the $XSAT rewards comes from the validator he/she staked to, so when selecting a BTC Validator, consider factors like the commission rate and operational stability.