Consensus Mechanism: PoS

GAYA’s technical infrastructure is meticulously designed to deliver a scalable, secure, and developer-friendly blockchain platform. By integrating an energy-efficient Proof-of-Stake (PoS) consensus mechanism and full Ethereum Virtual Machine (EVM) compatibility, GAYA ensures high performance and versatility.

The GAYA blockchain utilizes an advanced Proof-of-Stake (PoS) consensus mechanism to validate transactions and secure the network.

By replacing energy-intensive mining with staking, GAYA’s PoS reduces the environmental impact while maintaining robust network security.

Validators

Validators stake GayaCoin to propose and validate blocks, aligning economic incentives with the network’s integrity. Validators found to act maliciously face slashing penalties, ensuring accountability and trustworthiness.

Key Validator Roles:

• Proposing Blocks: Validators actively propose new blocks by collecting transactions, assembling them into a valid block, and broadcasting this block proposal to the network. Proposing blocks is essential to ensuring a continuous flow of transactions and maintaining the networkʼs efficiency.

• Transaction Verification: Validators are tasked with verifying the authenticity and validity of each transaction. Through this verification, validators ensure that only legitimate transactions are included in blocks, preserving the integrity of the GAYA blockchain

• Staking Rewards: Validators earn rewards in GayaCoins for their contribution to the networkʼs stability, security, and performance. These rewards serve as an incentive for validators to remain committed to the network while compensating them for their computational efforts

This model not only enhances network decentralization but also encourages active participation, fostering a resilient and trustworthy ecosystem.