Node #
In Blockchain, Node is the equipment that connects the blockchain network. Node has several functions such as creating, receiving, data saving or sending information. Nodes create a foundation of blockchain. Node can be any electrical device such as PCs, Laptops, main servers and more. All the nodes connected on a blockchain, continue to exchange the latest data with each other for constant updating nodes.
Stake, Unstake #
Stake
An activity that involves holding cryptocurrency in a digital wallet to support the security and operation of a particular blockchain network.
Unstake
An action that unbonding stake, depending on blockchain and the exchanges, could lock the tokens of users for a certain period.
Validator #
Validator is responsible for verifying transactions in the PoS consensus mechanism. The Validator has to stake a certain amount of coins on the network. Then, based on some criteria, they will be chosen to verify transactions and create blocks for blockchain. Transaction fees are the reward of Validators.
Delegate #
Delegations of users for a Validator to get additional rewards from the blockchain network. Delegators will share the percentage of rewards by choosing Validator.
Forge or Mint #
This is a phrase describing the validation and closing block activities of the Validator. It is also used to distinguish it from mining in PoW.