Validator

Definition: Validator can have a multiple meanings, depending on the context referring to the software, keystore files and the account used for staking. The validator software / validator client is the application that runs on a computer or node, performing tasks such as proposing new blocks and attesting to block validity. The validator account, on the other hand, represents the identity of the staker in the network, used to sign transactions and attestations, proving participation and agreement with the current state of the blockchain. A validator key in refers to the cryptographic keys used by a validator to sign blocks and attestations, proving their participation and agreement with the network's state.

Category: Staking

Role in Network: Validators are crucial for the security and operation of the Ethereum network. They participate in consensus decisions, validate transactions, propose new blocks, and ensure the blockchain's integrity and continuity.

External Resources:

• Ethereum Validators Explained - Detailed overview of the role and responsibilities of validators in Ethereum’s PoS system.