Consensus and Security

Proof of Stake (PoS): Nodes participate in the consensus process by staking a certain amount of tokens, which helps secure the network. Nodes are chosen to create new blocks based on their stake, promoting fairness and energy efficiency.
Slashing: To discourage dishonest behavior, nodes that act maliciously or fail to fulfill their responsibilities can have a portion of their stake "slashed" or removed.

Regular Audits: Continuous security audits are conducted to identify and mitigate potential vulnerabilities in the smart contracts and node software.
Dynamic Updates: The blockchain supports on-chain governance for dynamically updating network protocols and algorithms to respond to emerging security threats or performance bottlenecks.

Last updated 6 months ago