GSMA Operator Member Mobile Network Operators (MNOs) who manage nodes on Telcoin Network, earn TEL gas fees and issuance each time they secure a block to the blockchain, and participate with others in their Miner Group in governance.
A summary description of Validators including their role, activities and benefits, participation requirements, attributes, and governance authority.
The attributes and characteristics of Validators, GSMA Operator Member Mobile Network Operators (MNOs) who specialize in blockchain security on Telcoin Network, the blockchain execution and settlement layer of the Telcoin Platform.
Validators: Eligibility and Authorization Rules
All GSMA Operator Member MNOs using a GSM family technology who are approved by the Compliance Council, stake TEL for proof-of-stake consensus and deploy, and manage a node on Telcoin Network may participate as Validators.
Validators: Platform Activities and Benefits
Validators stake TEL to participate in PoS consensus, operate a validator node to create and verify new blocks to Telcoin Network, and earn TEL gas fees, issuance when they secure a block to the blockchain.
Validators: Governance Authority
Validators propose and vote in governance within their Miner Group based on their pro-rata share of TEL staked for PoS on Telcoin Network.