| What is a Pecu Validator Node?
A Pecu Validator Node is a very specific type of full node that has the sole purpose of verifying and processing every transaction on the Pecu Novus Network while only storing a pruned version of the blockchains history. This holds true for coin or token transactions of all types as well as NFT and other digital asset transactions on the network. Storing a pruned version of the full node reduces space requirements dramatically without impacting the role of a Validator.
The validators play a very key role in the continued decentralization of the Pecu Novus Network, the continued scalability, security and speed of the network as a whole. Security and inclusion are a big part of the network and there are encryption protocols in place that protect the network, network members, validators and applications built on the backbone of Pecu Novus.
The Inclusion part is an important one as Pecu Novus does not use a Proof of Work or Proof of Stake model with the validator nodes, the network uses a Proof of Time concept. The reason for this is that it allows anyone in the world to become a validator despite their economic level, as long as they have a basic computer with an internet connection then they have the opportunity to participate. Rewards are issued solely based on the efforts of the Node Validator and not based on the efforts of outside sources such as a Proof of Stake model may rely on. In essence it takes all the positives of a Proof of Work model without the energy consumption while promoting inclusion.