PulseMafia
  • Overview
    • PulseMafia Intro
    • How does it work?
    • What's the MAFIA Token?
    • Who's the team?
    • What's the "Node Operator Fee?"
    • PulseMafia FAQ
      • What is a Pulsechain Validator?
      • Is this like mining Bitcoin or Ethereum?
      • Can anyone become a Validator?
      • Why create a pool?
      • What can we expect in terms of Validator uptime?
      • Can you mint an Unlimited amount of MAFIA?
      • What determines the price of MAFIA Token?
      • What happens if I lose or someone steals my MAFIA token?
      • Where can I see the current APR to run a Pulsechain Validator?
      • The Validator APR keeps dropping. Is that bad?
      • What other measures are you taking to ensure maximum uptime for the Validators?
      • Will we be able to follow along to see how validators are doing?
      • What is Slashing, and how will you prevent it?
      • When does MAFIA get minted?
      • What's the difference between the Pool Wallet and Validator Wallet?
      • What if I want my PLS back before the pool ends?
      • Will there be more pools launched in the future?
      • What if I want to create my own private pool?
      • Is this decentralized?
      • What computer setup are you using?
      • I want to participate but no idea how to buy PLS. Can you help
      • Can I ask other questions?
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  1. Overview
  2. PulseMafia FAQ

What is a Pulsechain Validator?

PreviousPulseMafia FAQNextIs this like mining Bitcoin or Ethereum?

Last updated 1 year ago

Most people are familiar with Bitcoin or Ethereum Mining (Proof of Work). After Ethereum upgraded to Proof of Stake, a "miner" is now called a "validator."

Instead of buying mining rigs (multiple computers), you can buy 1 computer and set up many validators, so long as you have 32 ETH (~$60,000) per validator. It's quite expensive to run an Ethereum Validator.

Pulsechain is a fork of Ethereum and instead requires 32,000,000 (32M) for 1 validator (~$3,000 at todays market value). The APR depends on many other validators there are, however you can check out the latest Pulsechain Validator APR .

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