Validator slashing

What is validator slashing?

Validator slashing is a penalty mechanism for maintaining network integrity.

In a Proof of Staked Authority (PoSA) blockchain such as Chiliz Chain, validators stake tokens and are selected based on reputation and stake.

PoSA combines elements of Proof of Stake (PoS) and Proof of Authority (PoA), with validators staking tokens and being selected based on reputation and stake.

Validator slashing ensures that validators act responsibly and in Chiliz Chain's best interest. It therefore discourages malicious activities like double signing, prolonged downtime, and validating invalid transactions.

Slashing is crucial for aligning validators' behavior with the network's security and reliability.

Validator penalties on Chiliz Chain

There are two possible penalties for validator:

• Missed Blocks: If a validator misses 14,400 blocks per epoch (about a day), they lose epoch rewards.

• Extended Downtime: If a validator misses 21,600 blocks per epoch, they are "jailed" for 7 epochs. The validator owner will be able to release the validator after this period.