Parex Network
Block ExplorerCommunityParex NetworkDAO
  • 🦝Parex Network Docs
  • Welcome
    • 🚩Quick Start
      • Parex Network in a nutshell
      • Connect to Mainnet and Testnet
      • Deploy and verify a contract
        • Deploy with Remix IDE
          • ERC-20 smart contract
        • Deploy with thirdweb
        • Verify with Parex Block Explorer
      • Run a Parex Chain Node
      • Become a Validator
        • Run a Validator node
        • Authorization of Other Validators
        • nametag for Validator
        • Validator slashing
        • Validator Locked
      • Parex Halving
  • How we Work
    • 📖Learn
      • About Parex Network
        • Tokenomics
        • Parex Networks Labs
      • Parex Bridge
        • How to bridge PRX PEP20 to BEP20
        • How to bridge PRX BEP20 to PEP20
      • Staking on Parex Chain
        • Locked Stake your PRX on dAPP
        • Unlocked Stake your PRX on dAPP
        • Staking Rewards
        • Staking PRX from your Ledger
      • Become a Validator
        • Run a Validator node
        • Authorization of Other Validators
        • nametag for Validator
        • Validator slashing
        • Validator Locked
      • Glossary
        • Blockchain
        • Consensus mechanisms
        • Governance
        • Validator
        • Staking
        • Wallet
        • PEP-20
        • Wrapped PRX (wPRX)
        • Dead Contract Wallet
      • Parex Halving
  • For Developers
    • 💻Develop
      • Basics
        • Use MetaMask
          • Install MetaMask
          • Link Parex Testnet to MetaMask
          • Link Parex Chain to MetaMask
        • Connect to Parex Chain
          • Connect using RPC
          • Run a Parex Chain Node
          • Use a hardware wallet
        • Block Explorer
        • Parex Testnet Faucets
          • Obtain testnet tokens
          • Obtain TPRX with Parex Testnet Faucet
        • Obtain wPRX or PRX
          • PRX to wPRX
          • wPRX to PRX
        • Deploy and verify a contract
          • Deploy with Remix IDE
            • ERC-20 smart contract
          • Deploy with thirdweb
          • Verify with Parex Block Explorer
        • Tips & Tricks
  • For Community
    • 🫂Community
  • information
    • 🗺️Roadmap
    • ♻️Doc updates
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  • What is a validator?
  • Minimum System Requirements

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  1. Welcome
  2. Quick Start

Become a Validator

Participate in the Parex Chain's consensus mechanism by creating and validating blocks.

What is a validator?

Parex Chain is run by a Proof of Asset-Based Consensus (PoABC) mechanism, which is primarily managed by two key roles:

  • the Validator, who is a critical part of the chain. The validators create and validate blocks in turns.

  • the Delegator, who allocates their PRX to the validator's pool in order to participate in the governance of the chain and earn reward.

In Parex Chain, there can be unlimited of block-creating validators.

Minimum System Requirements

Parameter
Value

RAM

16GB

CPU

8 CORE

SSD

1TB

To run the Parex Chain validator node, you must have Linux based operating system (ubuntu, centos etc...) on your machine or server. The minimum amount required for a validator to join the network is PRX 77,000.

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Last updated 1 year ago

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