Gamestarter
  • Introduction
    • The Future of Web3 Gaming
    • Gamestarter Ecosystem
    • Important links
    • FAQ
  • Gamestarter Ecosystem
    • GamePad / Launchpad
      • IDO Process
      • How to Participate in IDOs
      • Protection protocol
    • GameID
    • GameSocial
    • GameHub
    • GameStore
    • GameScanAI
    • GameChain
      • Network Participants
      • Network Proofing
      • Network Validation
      • Rewards and Penalties
      • Use of Nodes
      • Cross-Chain Interoperability
      • Managed Wallet Services
      • On-Chain rewards
  • TOKEN ECONOMY
    • $GAME Token Utility
    • Tokenomics
      • Node System (25%)
      • Team (15%)
      • Advisors (6%)
      • Investors (8.75%)
      • Liquidity (10%)
      • Marketing (5%)
  • Game Node Keys
    • What is a Game Node?
      • Game Key (NFT)
      • Operating a Game Node
      • Hardware Requirements
    • Game Node Rewards
      • $GAME Rewards
      • GameChain Rewards
      • Network Fees
      • Claiming KYC requirements
    • Pricing Tiers
    • Staking
    • FAQ
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On this page
  • Core Principles
  • Validator Selection
  • Validation Process
  1. Gamestarter Ecosystem
  2. GameChain

Network Validation

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Last updated 1 year ago

GameChain network leverages a sophisticated consensus algorithm that not only promotes security but also incentivizes participant engagement through a fair and transparent validation process.

Core Principles

The network's validation mechanism is built on three core principles:

  • Decentralization: Ensuring the network remains protected against attacks and central points of failure by distributing validation power among a wide array of nodes.

  • Fairness: Adopting a probabilistic approach to validator selection that rewards participants based on their stake, thus encouraging a healthy, competitive environment.

  • Security: Implementing rigorous criteria and penalties for validators to safeguard against malicious activities and maintain network integrity.

Validator Selection

Every five minutes, a new batch of validators is selected to verify the next block of transactions. This selection is based on a weighted random algorithm, where the probability of being chosen is directly proportional to the amount of $GAME tokens staked. The mechanism ensures that while larger stakeholders have a higher chance of being selected, smaller stakeholders still possess a significant opportunity to participate, thereby maintaining network decentralization.

Eligibility Criteria

To be eligible for selection as a validator, Game Nodes must:

  • Own a Game Key license.

  • Stake a minimum amount of $GAME tokens.

Validation Process

Selected validators are tasked with verifying the transactions within their assigned block. This process is automatic and includes:

  • Checking the validity of transaction signatures.

  • Ensuring the transaction has not been previously included in the blockchain (double-spend prevention).

  • Verifying that the transaction complies with network rules and protocols.

Upon successful validation, the block is proposed to the network to be added to the blockchain.