The SKALE Network is a Proof-of-Stake (PoS) network secured by independent global validators. SKALE validators operate and secure the network by proposing blocks, establishing consensus on a finalized block, and committing it to a chain. Without validators, who bring the ‘blocks’ and ‘chain’ to ‘blockchain’, (or miners in PoW systems), there wouldn’t be a working blockchain (or network). It is mission-critical for the network economics to reward and incentivize validators for their upfront hardware investments, operational upkeep efforts, and overall support of network performance and security.
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