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Cross-Liquidity Consensus Mechanism (CLCM)

ZenChain’s Cross-Liquidity Consensus Mechanism (CLCM) is designed to provide strong security, decentralization, and efficiency. This innovative model combines the roles of validators and nominators to maintain the blockchain’s integrity while encouraging broad participation and maximizing security through staking and reward incentives.

How CLCM Works​

In ZenChain, two key roles—validators and nominators—work together to secure the network and ensure decentralization. Nominators delegate their stake to validators, who are then responsible for validating transactions and maintaining the blockchain. While validators produce and finalize blocks, nominators play a critical role in selecting trustworthy validators. A participant can be a validator or a nominator, but cannot be both simultaneously.

Validators​

Validators are tasked with validating transactions, producing new blocks, and ensuring finality. They are elected based on the amount of stake they hold in ZCX tokens or are delegated by nominators. The more stake a validator has backing them, the higher their chance of being selected.

  • Validators are incentivized through staking rewards for their role in securing the network. They must perform their duties reliably to earn these rewards and avoid slashing penalties, which are applied for malicious behavior or poor performance.
  • Validators play a crucial role in the overall security and stability of Zenchain, ensuring that the blockchain operates efficiently and securely.

Nominators​

Nominators contribute to the network’s security by staking their tokens and backing one or more validators. By selecting validators they trust, nominators ensure that ZenChain remains decentralized and secure.

  • Nominators earn a share of the rewards generated by the validators they support. These rewards are distributed proportionally based on the amount of stake delegated.
  • Nominators are also subject to slashing if the validators they back engage in malicious activities, incentivizing careful selection of validators.