Validators participate in the network by staking TON tokens. The higher the stake, the higher the chance of a validator producing and validating blocks. This system uses economic incentives to secure the network.
Block Generation and Confirmation
Blocks are generated by selected validators and phone number library confirmed by other validators. A majority (more than 2/3) of validators must agree for block confirmation. This ensures the system is Byzantine fault-tolerant.
Slashing Mechanism
Validators who exhibit malicious or erroneous behavior face a penalty mechanism called “slashing.” It can result in the loss of some or all of the staked tokens, thus incentivizing validators to act honestly.
Security Features
TON includes several security measures, including:
– Double-Spend Protection: Transaction confirmation mechanism prevents the same funds from being spent twice.
– Sybil Attack Resistance: PoS mechanism makes it difficult to gain control by creating fake identities on the network.
– Long Range Attack Protection: Checkpoint system prevents modification of past blocks.