


The BNB Chain is the leading development platform for decentralized applications. Critical to the reliability of BSC is a set of network nodes known as Validators.
Introduction to BSC
Decentralized Finance's (DeFi) appeal is currently at an all-time high and is projected to trend for a long time to come. Many DeFi projects are springing up daily. Each wants to take advantage of the current excitement in the decentralized finance money market.
Ethereum was once the platform of the first choice for developers of decentralized applications, DApps. However, the high transaction fees and network congestion often experienced by users on the Ethereum blockchain have made many developers switch to BNB Chain (BSC). BNB Chain offers much lower transaction fees and boasts Ethereum Virtual Machine compatibility. Truly, users report better experience on the BNB Chain. BSC is seeing much more traffic than previously imagined, and we may still be in the early days.
For blockchain platforms such as the BSC to reliably deliver the nice experience we all enjoy, many parts work in harmony in the background. Let us look at an important component of the BSC network that helps it function reliably.
An Overview of BSC Validators

Generally, blockchain validators refer to the components that verify and confirm transaction data before the data is added to the blockchain's distributed ledger. They check every transaction to be sure that it is accurate and without malicious intent.
Every blockchain must be validated. We can see that validators are critical to the existence of a blockchain. If validators collapse, the network goes down.
BSC validators are essentially blockchain nodes that process and approve transactions on the BNB Chain. They check every incoming data to confirm their validity and legitimacy. A transaction will not be completed on BSC if a validator does not approve it.
The validators of the BNB Chain are twenty-one (21) in number. For validation slots to be competitive, validators are re-elected daily based on the top 21 nodes that meet the required criteria. While being the processors of BSC transactions, they also help the BSC to maintain decentralization. An individual, institution, or community-group can qualify to be a validator once they satisfy the requirements.
What Does It Require To Be a BSC Validator?

As said earlier, anyone can be a BSC validator. The criteria for becoming a validator is high. This is necessary to guarantee the security and reliability of BSC. No one wants to have anything to do with a network that does not ensure the safety of users' assets.
To be eligible for a validator position, here are some of the core requirements,
- A Singular Stake Of At Least 10,000 BNB.
A node intending to be considered a validator position must stake at least 10,000 BNB. It should be noted that while this is the minimum, in reality those who win the slots stake much higher. The reason is that the highest stakers who meet every other condition win.
- Properly Configured Virtual Private Server (VPS).
A firewalled 64-bit VPS server running at least 16GB RAM memory and 500GB Solid State Drive (SSD) is the minimum recommendation. A 1GB fiber network connection is also required.
- Run a Local BSC Full Node

On the server, you would need to install and run a full node following this guide.
- Additional Requirements
Validators determine to a great extent the security and reliability of the BSC blockchain. As such, the integrity of the node is a prime requirement. It is also required that a validator is consistently online. Violation of these requirements attracts penalties such as loss of accrued rewards or loss of voting rights. In cases of severe offenses such as fraud, the offending validator can be permanently disconnected from the network.
Are There Any Benefits To Being a BSC Validator?

Obviously, the most attractive incentive for any venture is monetary returns. Validators receive a portion of the fees generated by the network. This can be substantial considering the massive number of users of the BSC. Average daily rewards of validators have once reached a high of 134BNB.
Apart from financial returns, validators make network decisions such as adjusting gas fees and proposals for protocol upgrades.
Closing Remarks
BNB Chain's validators are a critical part of the network. They guarantee the integrity of the blockchain. While anyone can aspire to be a validator, the qualifying requirements are high to guarantee the security and reliability of BSC. DeFi developers are trooping to BSC in large numbers, but validators are an unseen arm of the network that make Binance Smart Chain's attractive features possible.
Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto! Check out the DeFi Direct Linktree for all the access links!
For those looking for tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, Cryptonomics Explainers, and Trading Tool Kits from BSC News.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Shift In Buying Momentum: Investor Interest Rises In Pullix ($PLX) Over Solana (SOL) and Polkadot (DOT)

Solana (SOL) and Polkadot (DOT) have come a long way in 2023, each seeing some investor activity. However, Pillux, an upcoming DeFi platform, is looking more profitable in the long run for investors.
Solana (SOL) and Polkadot (POL) are among the top 20 cryptocurrencies by market capitalization and are two altcoins pulling the attention of investors looking to quadruple their profits. But there's another coin that is quickly becoming a top pick for investors, amassing a range of remarkable features that set the scene for it to be one of the best new cryptos to invest in as the crypto market shows more excitement. In this piece, let's find out why Pullix is gaining more interest than Solana and Polkadot.
Pullix ($PLX): Assets Diversification and Liquidity Provision Rallying Investors
Pullix ($PLX) is a highly promising cryptocurrency project set to revolutionize the trading landscape by offering a comprehensive range of assets, including commodities, ETFs, and forex, rarely found in traditional platforms. Distinguishing itself from the norm, Pullix implements a fee structure with zero commission fees and visible tight spreads, enhancing overall profitability for traders, aligning with decentralized finance (DeFi) principles.
Playing a pivotal role in resolving liquidity issues within the DeFi space, Pullix introduces a liquidity provision, allowing traders to contribute liquidity through its dedicated Market Making Liquidity Contribution feature. Additionally, investors can stake cryptocurrencies like ETH and BTC to enhance liquidity in the order book.
Another interesting feature offered by Pullix is the opportunity for traders to earn a passive monthly income through staking other cryptocurrencies for a fixed period and interest rate. This unique offering sets Pullix apart, as major players like Coinbase or Binance do not currently provide a comparable feature.
Currently trading at $0.04, Pullix positions itself as an attractive investment option for traders seeking a unified platform for seamless trading, rewards accumulation, and wealth enhancement. The $PLX, doubling as both governance token and native asset, acts as a gateway to a host of enticing features, including platform usage, exclusive access, reduced trading fees, rewards unlocking, exchangeability, and staking.
Considering its comprehensive features and a projected 100x surge in price, industry experts anticipate a growing influx of investors that may consider Pullix over Solana and Polkadot.
Solana (SOL) Sees More Bullish Sentiment But Investors Are Careful
Solana (SOL) has seen a surprising price surge to $61 since the start of the year when it traded for $9. However, Solana (SOL) has not maintained this upswing. It is currently worth $61, compared to a high price of $66 on December 6, 2023.
In addition to its surge, SOL caught the crypto market's eyes with its total value locked (TVL) on Solana rising to around $670 million on December 5, according to DefiLlama. This last occurred in November 2022.
Sentiment around the Solana coin is bullish, with analysts saying it could witness an upward climb. InvestAnswers, a prominent crypto analyst, predicts that Solana (SOL) might capture 10% of Ethereum’s market capitalization in the next bull market.
If the Solana price sustains above its current price, the altcoin will continue its climb. Regardless, investors are aware that SOL has been trading under bearish for a week and are being careful. However, the price continues to trade above the pivotal support.
Polkadot (POL) Witnesses 7 Day High Of above 6%, a 10.23% Increase
Polkadot (POL), a layer 0 blockchain focused on interoperability and scalability, rose 10.23% to $6.13 on December 6, after seven days of trading above the $5 mark.
Between November 1 and November 30, Polkadot price (DOT) surged 16% from $4.45 to $5.16. Moreover, between November 23 and November 30, Polkadot (DOT) gained 7% as its price moved from $5.21 to $5.56.
Investors still hold a 41% bearish sentiment for the Polkadot coin, according to experts at Changelly. The coin was outperformed by 60% of the top 100 cryptocurrency assets in one year.
Nevertheless, many analysts hold that the project still possesses potential. They predicted Polkadot (DOT) might reach $7 in December 2023, but some investors aren't entirely keen. This may have contributed to the rise of investors flocking to Pullix as it has a great potential of witnessing a price and value surge once it launches in 2024.
For more information regarding Pullix’s presale, see links below:
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $400. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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