GRIN/nym
1
0
Fork 0
Code Issues Pull Requests Actions Packages Projects Releases Wiki Activity

* tweaked mixnode doc

Browse Source 
* removed token diagram from nyx validator doc
This commit is contained in:
mfahampshire
2023-08-08 14:10:44 +02:00
parent 32bfceacb5
commit 3da3f66ea3
2 changed files with 2 additions and 8 deletions
Download Patch File Download Diff File Expand all files Collapse all files
documentation/docs/src/nodes/validator.md
+1 -7
View File
@@ -1,17 +1,11 @@
- [x] TODO section of whitepaper
# Validators
> The validator setup and maintenance guide has moved to the [Operator Guides book](https://nymtech.net/operators/nodes/validator-setup.html).
> We are currently working towards building up a closed set of reputable validators. You can ask us for coins to get in, but please don't be offended if we say no - validators are part of our system's core security and we are starting out with people we already know or who have a solid reputation.
Validators secure the Nyx blockchain via Proof of Stake consensus. The Nyx blockchain records the ledger of NYM transactions and executes the smart contracts for distributing NYM rewards. The Nyx validators are run via the `nyxd` binary ([codebase](https://github.com/nymtech/nyxd)), maintaining a CosmWasm- and IBC-enabled blockchain.
Validators secure the Nyx blockchain via Proof of Stake consensus. The Nyx blockchain records the ledger of `NYM` transactions and executes the smart contracts for distributing `NYM` rewards. The Nyx validators are run via the `nyxd` binary ([codebase](https://github.com/nymtech/nyxd)), maintaining a CosmWasm- and IBC-enabled blockchain.
The blockchain plays a supporting but fundamental role in the mixnet: the `NYM` token used to incentivise node operators is one of two native tokens of the chain, and the chain is where the [Mixnet](../nyx/mixnet-contract.md) and [Vesting](../nyx/vesting-contract.md) smart contracts are deployed.
![Nym Token Flow](../images/nym-token-flow.png)
## Further Reading
* Detailed info on Nyx Validators and token flow can be found in [Nym Reward Sharing for Mixnets document](https://nymtech.net/nym-cryptoecon-paper.pdf) in section 2.3 and 2.4.
* For more detailed calculation, read our blog post [Nym Token Economics update](https://blog.nymtech.net/nym-token-economics-update-fedff0ed5267).