- This topic has 2 replies, 2 voices, and was last updated 1 year, 3 months ago by
todayisagooddayyep.
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daken15I am aware that voting on transactions are way simpler that BTC network. I love that. But if each node has to validate all transactions or blocks, isn’t that the same? What kind of computer or server do you need to keep up with a network that does 4.5k tps?
Or am I missing something and not all nodes need to validate all transactions?
mwrddtThis article explains the Avalanche consensus pretty well in my opinion and how it compares to the usual Nakamoto consensus:
todayisagooddayyepI think of the C-chain as the work chain. It’s evm compatible, and handles the smart contracts. The C-chain can handle everything. It works on the snowman consensus.
The X-chain runs on the Avalanche Consensus the X-chain is extremely fast and it is stripped down just for transactions. The AVAX tokens exist on the X-chain. I believe the X-chain could handle all of the world’s transactions on a black-Friday type of an event.
The P-chain handles the staking. They are the ones who Validate the primary network. The nodes run on the P-chain. If the node is not Validating then it is not using any power.
The delegation and Validation uses no power at all. Avalanche is a net zero chain as far as carbon emissions go.
Basically they take care of business by just making sure the calculations are correct. The reason AVAX is so fast is because of the consensus and the three chains.Hardware requirements to be a Validator, raspberry pi would be the largest amount of hardware one person would need to run a node.
To run a Validator one needs to own 2000 tokens. The Validators get to choose the fees percentages they charge the for delegators to plug in. Currently there are [1206 Validator’s ](https://avascan.info/) they are located all over the world. Note: When choosing a place to delegate/stake I use the filter, amount I’m willing to pay is 2%. I put the amount of time I want to plug into the system 2 weeks, 3 weeks, up to a year. Then hit go. Pretty easy. User friendly as well.
The Validators make the blocks. The delegators delegate to Validators. To [delegate ](https://snowtrace.io/) you need to own a minimum of 25 tokens and best to my knowledge you have to use the [Native Wallet ](https://wallet.avax.network) The delegators will be paid in newly minted uncirculated tokens. There will only be 720 million tokens ever made.
For staking I do know your paid 1 new AVAX token every three weeks for staking 250 tokens.
There are 15,000 people staking or delegating.
[Here is our CEO Gun](https://youtu.be/l0JV-2W28xQ) at the 6:00 mark he’s saying we are doing 60% of all of Ethereum transactions.
So 41% more and we will will pass Ethereum’s in daily transactions.
Gun also says in the video that there have been 15,000 smart contracts deployed on the Avalanche platform. Our protocol can skate out to ten million plus nodes.There are so many things going on inside the ecosystem I don’t have time to write them out. The bridges, the new stable coins, subnets, I mean the future is bright. I’m going to keep buying.
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