Hacker News Reader

It’s when you control a database but you set up a little shell game to pretend it’s decentralized and out of your control.

Typical use cases include scamming retail investors and evading taxes.

The old fashioned word would be "server".

Think of it like a "voter" in elections on any decision about the network. Once you control the majority of these validators you can do absolutely anything you want with the money the network controls.

The blockchain network nodes that assure a transaction by rolling the transactions into a block, transactions are an interaction the contract (code), which is executed by the validators.

Same question for me honestly. Is a validator literally just a computer running their blockchain application and validation code?

So instead of having a centralized db, Axie (and other blockchain tech) farms out this work and storage out to 9 computers?

A blockchain node for that block chain