Don’t Miss Out on Alkimi’s Decentralized Validator Program
In an era where digital advertising constantly evolves, Alkimi has emerged as a pioneer. Its decentralized ad exchange platform is redefining how digital ads are traded.
By removing intermediaries and making the process more transparent, Alkimi creates a fairer advertising ecosystem that benefits publishers, advertisers, and users alike.
The latest milestone in this journey is the Validator Program — a key component of Alkimi’s infrastructure. In this article, we’ll take a closer look at Alkimi’s Validator Program, its significance, and how interested participants can get involved.
Understanding Validators
What Are Validators?
Validators are the unsung heroes of decentralized networks. They are essential units responsible for verifying the authenticity of ad impressions and auctions on Alkimi. Think of validators as gatekeepers — responsible for verifying transactions and safeguarding the integrity of the network.
In Alkimi’s case, validators do more than just process transactions. They are also responsible for notarizing them, which means recording every single transaction onto the Ads Explorer Distributed Ledger. This creates a 100% immutable record between advertisers and publishers — building trust within the ecosystem and ensuring that all actions are verifiable and tamper-proof.
Validators can operate from cloud platforms such as AWS, GCP, or Digital Ocean, or even from personal computers. For their work, they are compensated in fiat currencies by those who host the validators, while the rewards for their services are distributed in Alkimi’s native $ADS tokens. This mutually beneficial relationship ensures validators play a critical role in the network’s efficiency.
Why Validators Matter to Alkimi
Validators are vital to the functioning and success of Alkimi’s decentralized network for several reasons:
- Transparency: Validators ensure every transaction is recorded and visible to all, which fosters trust across the entire ecosystem.
- Efficiency: By distributing the workload across multiple validators, the network runs more smoothly and securely.
Without validators, Alkimi’s vision of a decentralized, transparent ad exchange would simply be impossible.
How Do Validators Operate?
Validators in Alkimi’s network play an important role in bringing transactions into consensus. They enable publishers, ad-tech providers, media agencies, and advertisers to transcribe their transactions onto the blockchain, where they are validated by a third party. This decentralized approach ensures that all transactions are transparent and verifiable.
Here’s how validators operate:
- Hosting and Processing Auctions: Validators host and manage ad auctions to ensure transparency.
- Verifying and Notarizing Transactions: Validators notarize transactions, which are then recorded on the Ads Explorer ledger for full visibility.
- Contributing to Network Security: Validators contribute to the overall security and trustworthiness of the Alkimi network, making sure that fraudulent activity is prevented.
The Role and Responsibilities of Validators
Validators carry out several critical functions within Alkimi’s network:
- Transaction Verification: Ensuring that every ad impression and auction is legitimate and transparent.
- Hosting Auctions: Validators are key to managing auctions, ensuring that all results are immutable and recorded in real-time on the Ads Explorer ledger.
- Ensuring Transparency: By decentralizing and notarizing transactions, validators increase transparency across the advertising ecosystem.
Essentially, validators provide the transactional bandwidth necessary to facilitate the buying and selling of ads, making Alkimi’s decentralized exchange both efficient and reliable.
Getting Started as an Alkimi Validator: What You Need
Becoming a validator isn’t as complicated as it sounds. Here’s what you’ll need:
- 50,000 $ADS tokens: These are staked as collateral to operate your validator.
- Validator NFT: Once you’ve staked the required tokens, you will receive a non-transferable Validator NFT, which is essential for operating as a validator.
- Infrastructure: You’ll need either a cloud platform like AWS, GCP, Digital Ocean or a personal computer to run the validator. The estimated monthly cost of running a validator is around $24, though this may vary depending on network needs.
Alkimi offers two ways to get started:
- Delegated Service: For those who prefer a hands-off approach, Alkimi provides outsourced technical support.
- Self-Serve Option: For the tech-savvy, you can manage your own validator setup and enjoy greater control over the process.
Steps to Join Alkimi’s Validator Program
If you’ve ever wanted to actively participate in Alkimi’s mission, here’s how you can join the Validator Program:
- Account Registration: Start by signing up on Alkimi’s platform. This gives you access to the validator network and its features.
- Token Requirement: To become a validator, you must stake a minimum of 50,000 $ADS tokens, which serve as collateral. These tokens are used to create an NFT representing your validator status.
- Receive Delegator NFT: After meeting the token requirement, you’ll receive an inactive Delegator NFT, which acts as your ticket to the validator network.
- Start Validating: With your NFT in hand, you’re ready to start validating transactions and contributing to the Alkimi network.
It’s a straightforward process that opens up exciting possibilities for those looking to be part of Alkimi’s decentralized future.
Benefits of Becoming an Alkimi Validator
There are plenty of reasons to consider becoming a validator in Alkimi’s network:
- Earn Rewards: Validators are paid in $ADS tokens for their services, allowing them to profit from transaction fees that would normally go to centralized ad-tech intermediaries.
- Support a Decentralized Future: Validators help ensure an ad-funded internet that is open, transparent, and efficient. By running a validator, you’re supporting Alkimi’s mission to lower fees, enhance transparency, and reduce emissions.
- Growth Potential: Alkimi is growing rapidly, processing over a million transactions per day in an industry worth over $600 billion. As the network grows, so does the potential for increased validator rewards.
- Double Earnings: Alkimi has recently allowed users to operate more than one validator, giving them the chance to earn even more based on network success.
How Alkimi’s Validator Program Impacts the Broader Ecosystem
Alkimi’s Validator Program is a major step forward for decentralized digital advertising. It enhances transparency, improves network efficiency, and provides participants with a new way to profit from digital ad transactions.
Validators ensure that ads are served transparently, efficiently, and cost-effectively, helping to eliminate the excessive fees and lack of trust that plague traditional ad networks.
By decentralizing the ad industry, Alkimi, and its validators are paving the way for a fairer and more equitable internet, where the power isn’t held by a few intermediaries but distributed among the many participants in the ecosystem.
Conclusion
Alkimi’s Validator program represents a unique opportunity to participate in the future of digital advertising. By becoming a validator, you not only stand to earn rewards but also contribute to a more transparent, efficient, and user-friendly ad ecosystem.
If you’re ready to take part in reshaping the future of digital advertising, visit Alkimi’s official website to become a validator today. Be at the forefront of a decentralized revolution and start earning rewards while supporting a fairer, more transparent internet.