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GlossaryValidator

Validator

A validator is a participant in a Proof of Stake (PoS) blockchain who is responsible for verifying transactions and adding new blocks.

It acts like its gatekeeper, ensuring that transactions are legitimate before they’re added to the network.

Validators are chosen based on the number of coins they hold and stake in the network, playing a crucial role in maintaining the integrity of the blockchain.

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Venga Europe S.L. (provider of the Venga App) is registered as a Virtual Asset Service Provider and Custodian with the Bank of Spain under registration number D945