Use of Nodes

Validation Objectives

Nodes in the GameChain network play a crucial role in maintaining the ecosystem's integrity, security, and performance. The primary objectives of node validation include:

• Transaction Validation: Nodes confirm the legitimacy of transactions, ensuring they are correctly signed, not duplicated (double-spending prevention), and comply with network rules.

• Block Validation: Nodes participate in validating blocks before they are added to the blockchain. This involves verifying the block's content, including all included transactions, and ensuring it follows the consensus rules established by the network.

Validation Outcomes

• Successful Validation: Leads to the addition of a block to the blockchain, securing the network and recording transactions permanently. Validators are rewarded for their contribution, receiving transaction fees, $GAME and GameChain tokens, enhancing the network's security through active participation.

• Failed Validation: If a node attempts to validate transactions or blocks that do not comply with network standards, the validation fails. This can lead to penalties for the node operator, including slashed stakes and temporary suspension, ensuring that validators remain honest and diligent.

Checking Methods

To ensure the highest standards of security and efficiency, the GameChain network employs several advanced checking methods:

Transaction Signature Verification

Ensures that each transaction is authorized by its sender, preventing unauthorized fund movements.

Double-Spending Prevention

Maintains the integrity of the digital currency by ensuring that each unit can only be spent once.

Multi-Signature Validation

Adds an additional layer of security for transactions and block validations, requiring approval from multiple validators.

Random Sampling

Further secures the network by randomly sampling previously validated blocks to check for consistency and rule compliance.