Independent Validators play a critical role in making the Coiin Network more decentralized and resilient. Here is how:
- Each Independent Validator hosts multiple Public Validator Chains, spreading the responsibility for network proofs across many independent participants rather than a single central authority.
- By signing verification records issued by the NVL Proxy Validator, Independent Validators act as independent witnesses to all events on the Coiin Network.
- The more Independent Validators that exist, the harder it is for any single party to tamper with network proofs — making the entire system more trustworthy and secure.
In return for this contribution, Independent Validators earn Coiin mining rewards each lunar cycle.