Why become a #Creditcoin Validator? Creditcoin is the world | Creditcoin Official Announcement

Why become a #Creditcoin Validator?

Creditcoin is the world’s leading #RWA blockchain, with 3M+ real-world loans recorded to-date

By becoming a Validator and securing the Network, you can earn $CTC rewards and claim your spot in the future of on-chain credit

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What is a Validator?

Validators are responsible for verifying transactions and adding new blocks to the chain. In essence, validators oversee the Creditcoin network and are responsible for ensuring our #RWA infrastructure is running smoothly. In return, validators get to mint new blocks and earn $CTC rewards!

As a validator, you're responsible for running your own node. This requires some staked CTC tokens, and some limited technical expertise too. If you're inexperienced, you may be better off becoming a nominator instead.

In NPoS, validators can be backed by nominators. This means that you don't need to provide your entire CTC stake yourself (although you can). Instead, nominators can back validators with their own staked CTC - with both parties sharing rewards. This makes it easy to become a validator, as long as you have the technical know-how.

The main advantage of becoming a validator is commission fees!

As a validator, you can charge a commission fee to all of your backing nominators. In other words, you can choose to keep a slice of their staking profits for yourself.

If you’re interested in joining us on our mission to deliver a more inclusive system for global credit, then the Testnet is the perfect place to start!

By joining the Testnet as a Validator you can earn mainnet CTC tokens to begin validating as soon as the mainnet goes live, giving you an edge over the competition…

Sign up for the Testnet today: https://creditcoin.org/blog/testnet-update-rewards/