


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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Related News

'Floktober' marks the beginning of the year's final quarter, and FLOKI's community may be expecting some significant announcements to emerge...
Unlocking the Exciting Potential of October for Floki
Certain moments stand out as pivotal junctures in the world of cryptocurrencies. For the Floki community, one such moment is the arrival of October, affectionately dubbed "Floktober." It is a name born from the collective enthusiasm of Floki's community.
This is the start of the year's final quarter, and some significant Floki-themed announcements may be on the horizon.
A Glimpse into Floki's Roadmap
Behind this excitement lies a compelling reason: many major milestones on Floki's roadmap are nearing fruition.
#FLOKI 2023 ROADMAP UPDATE
— FLOKI (@RealFlokiInu) June 22, 2023
We are VERY CLOSE to delivering on several key promises on the $FLOKI 2023 roadmap, so we believe an update is long overdue to show where we are at.
Here is a quick overview of some of the exciting things our devs are working on behind the scenes that… pic.twitter.com/EjGj284jCk
These impending developments encompass a spectrum of significant initiatives, including staking, a noteworthy upgrade for the FlokiFi Locker, introducing a mysterious protocol named Project TL, and the eagerly awaited mainnet launch of Valhalla, Floki's groundbreaking metaverse game.
FLOKTOBER! ⏳⏰🔥
— B (Da Viking) (@100bviking) September 22, 2023
"B," a prominent member of Floki's core team, has provided insights into the heightened anticipation within the community.
“October has historically been a good month for crypto. Even more so for Floki! So much so that our community has named the month of October "Floktober". This is generally used to refer to the good vibes and positive news that tend to come in for Floki in the month of October,” 'B', a core team member at Floki, told BSC News. “I don't think this October will be different. Our team has been working extra hard for a long time now, and I believe starting in October and leading to the end of the year, we can finally start showing what we've been working on!”
Lets delve into the updates that may soon emerge:
FlokiFi Locker: A Key Upgrade on the Horizon
FlokiFi Locker, the digital asset locker protocol introduced by the Floki team, is set to undergo a significant upgrade. This versatile platform allows users to securely lock various assets, including Liquidity Pool (LP) tokens, fungible tokens, NFTs, and multi tokens, reducing the the risk of a rug.
Currently, FlokiFi boasts an impressive $8.77 million worth of assets locked, accompanied by 72 NFTs. Prominent projects like ApeSwap, Biswap, and Chainlink have already chosen to collaborate with Floki for FlokiFi Locker. The community might anticipate a crucial upgrade announcement in the fourth quarter of this year.
Project TL: A Mystery Waiting to Unfold
Another development ostensibly on the horizon is the unveiling of Project TL. At this point, the details surrounding Project TL remain hidden in mystery, leaving the community in eager anticipation. Followers hope for more information to emerge as the days unfold, shedding light on this unknown project's purpose and potential impact.
Valhalla Metaverse Game Release: A Gaming Revolution
In gaming, Floki's Valhalla metaverse game is generating considerable excitement. Set to be released in Q4 2023, Valhalla represents a play-to-earn NFT gaming metaverse, combining blockchain technology and immersive gaming experiences.
Valhalla rewards players not only with $FLOKI for their in-game battles but also with complete ownership of in-game assets, which they can freely trade on platforms like FlokiPlaces. This metaverse game, powered by the FLOKI token, reportedly incorporates A-level game mechanics on the blockchain. This includes on-chain gaming interactions and upgradeable NFTs.
As Floktober approaches, the Floki community eagerly awaits these upcoming events, each carrying the potential to shape the future of Floki.
Floktober's Potential
Floki has sought to turn "Floktober" into a beacon of innovation and anticipation each year. Over recent times, the organization has utilized October as a canvas for its marketing endeavors, calling it "Floktober."
One of the boldest strokes in Floki's marketing palette was witnessed in October 2021. The cryptocurrency embarked on an audacious journey, commandeering 300 iconic London red city buses and adorning The Tube Underground with its branding for the entire month.
With this, Floki harbors a vision of broader mainstream exposure, with the ultimate goal of being embraced by a more extensive and diverse user base.
A Macro Support Zone: Insights from Crypto Tony
Crypto analyst Crypto Tony provides valuable perspective on Floki's current positioning. With an observation that "FLOKI is sat on a macro support zone," there is a sense of stability and resilience underpinning the cryptocurrency.
$FLOKI / @RealFlokiInu - Update #Flokitober is around the corner, and with $DOGE looking hot for a pump, well i expect some magic from the leaders
— Crypto Tony (@CryptoTony__) September 27, 2023
Also note that #FLOKI is sat on a macro support zone. Accumulation time legends pic.twitter.com/XVNrkXoIo1
As we venture deeper into Floktober, the Floki community remains poised for what promises to be an exciting chapter in the cryptocurrency's narrative.
Floki's ability to transform October into a month of celebration, innovation, and strategic advancement is characteristic of its so far dynamic approach to the world of cryptocurrency. With each passing Floktober, the Floki community and its supporters eagerly anticipate the revelations and developments that will shape the Floki ecosystem.
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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