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Overview

Hedge Network​

The Hedge network stands as a robust and innovative platform designed to foster a secure, decentralized, and collaborative blockchain environment. At its core, Hedge relies on the active participation of validators, who play a vital role in maintaining network integrity, consensus, and overall functionality.

Validators​

Validators serve as the backbone of the Hedge network, responsible for validating and committing new transactions to the blockchain. This ensures the trustworthiness and transparency of all network operations. To achieve consensus, Hedge utilizes a secure and efficient mechanism in which validators actively participate by broadcasting cryptographic signatures.

Berberis Network: Pioneering Multi-Sig On-Chain​

While Hedge offers a secure and reliable platform for validators, we continuously strive to expand the boundaries of decentralized technology. The Berberis Network, a pioneering testnet dedicated to unlocking the potential of Multi-Signature (Multi-Sig) functionality on-chain. This early release initiative welcomes active participation from the blockchain community, inviting them to join a real-world experiment in shaping the future of this transformative technology. By providing hands-on experience and fostering open feedback, Berberis empowers blockchain enthusiasts, developers, and users to directly influence the development of robust and secure on-chain solutions. Through this collaborative effort, the network delves into the unrefined potential of Multi-Sig on-chain, paving the way for a more secure and resilient decentralized ecosystem.

Path to Become a Validator:​

For those seeking to actively contribute to the Hedge network's security and governance, becoming a validator presents a unique opportunity. Here's a brief overview of the process:

  • Node Setup and Configuration - Set up a node capable of connecting to the Hedge network. Ensure optimal configuration and performance to contribute to the consensus process.

  • Stake and Delegation - Validators can bond their own HDE tokens and receive delegation from other token holders. Delegated tokens enhance the validator's voting power, making them eligible to participate in consensus and block creation.

  • Earnings and Incentives - Validators and their delegators earn Hedge tokens as block rewards and transaction fees for their participation in the consensus protocol. Validators can set commission percentages on the fees their delegators receive, offering additional incentives.

note

Validators are accountable for maintaining uptime and responsiveness. Extended periods of inactivity or double signing can result in penalties, including the potential slashing of staked tokens, impacting both the validator and their delegators.

By participating in the Hedge network, you become part of a community dedicated to building a more secure, transparent, and collaborative decentralized future. Whether you choose to become a validator or simply engage as a token holder, your contributions play a vital role in shaping the network's evolution and exploring the frontiers of multi-sig on-chain technology through the Berberis Network.