paint-brush
KCC Validator Election: 100% of the KCC Gas Fee Allocated to Active Validatorsby@kcc
644 reads
644 reads

KCC Validator Election: 100% of the KCC Gas Fee Allocated to Active Validators

by KuCoin Community Chain 1mJune 16th, 2022
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

According to the announcement of KCC, KCC Validator Election will select at most 29 nodes to become active validators based on the amount of KCS that nodes staked. The active validator owns part of the governance of KCC as well as is responsible for producing blocks by staking KCS and sharing block rewards. They empower the KCC network by processing transactions and signing blocks.

Company Mentioned

Mention Thumbnail

Coins Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - KCC Validator Election: 100% of the KCC Gas Fee Allocated to Active Validators
KuCoin Community Chain  HackerNoon profile picture
KuCoin Community Chain

KuCoin Community Chain

@kcc

KCC is a high-performance decentralized public chain built by the fans of KCS and KuCoin.

L O A D I N G
. . . comments & more!

About Author

KuCoin Community Chain  HackerNoon profile picture
KuCoin Community Chain @kcc
KCC is a high-performance decentralized public chain built by the fans of KCS and KuCoin.

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
Crunchbase
Allella
Learnrepo
Asorrybowl
Thetechstreetnow
Nitter
Dcs0
Notabird
Jakobs