Validator

The validator role in the Fastmint network is available to large capital holders of the network's coin equivalent and requires the deployment of a node.

Benefits

• Increased revenue from issuing new coins.

• The validator node is capable of accepting delegated user funds and is a kind of staking pool for ordinary asset holders.

• The validator provides transaction confirmation and decentralization of the network and as a reward receives a part of the income from the steaking of delegated funds.

The number of validators of the network is limited!

In 2024, 10 validators are allowed, with the possibility of 5 new validators every 30 days thereafter.