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16 lines
1.2 KiB
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16 lines
1.2 KiB
Plaintext
import { Callout } from 'nextra/components'
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# Validators
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<Callout type="info" emoji="ℹ️">
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The validator setup and maintenance guide has moved to the [Operator Guides book](../../../operators/nodes/validator-setup).
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</Callout>
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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.
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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](./smart-contracts/mixnet-contract), [Vesting](./smart-contracts/vesting-contract) and [zk-nym](./smart-contracts/ecash) smart contracts are deployed.
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## Further Reading
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* 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.
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* [Nym Whitepaper](https://nym.com/nym-whitepaper.pdf) section 3.1
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