Nominators secure the Relay Chain by selecting good validators and staking GEODE on the validators they think will do a good job. You may have an account with GEODE and want to earn fresh GEODE. You could do so as validator, which requires a dedicated node running...
Runtime upgrades allow Geode to change the logic and other features of the blockchain itself, without the need for a hard fork. Forkless Upgrades You may have come across the term “hard fork” before in the blockchain space. A hard fork occurs...
Some resources in a blockchain network are limited, for example, storage and computation. Transaction fees prevent individual users from consuming too many resources (as an attack method or otherwise). Geode uses a weight-based fee model as opposed to a gas-metering...
The Treasury is a pot of funds collected through a portion of block production rewards, transaction fees, slashing, staking inefficiencies, etc. The funds held in the Treasury can be spent by making a spending proposal that, if approved by the...
Geode implements NPoS (Nominated Proof-of-Stake), a relatively novel and sophisticated mechanism to select the validators who are allowed to participate in its consensus protocol. The NPoS model encourages the majority of GEODE holders to participate as nominators....
