Community Forex Questions
What are bakers?
Baking is the technique by which Tezos adds fresh blocks of transactions to its network. This is a delegated-proof-of-stake system in which bakers are rewarded for each block cooked, similar to how Bitcoin miners are rewarded for discovering new blocks.
If a baker has a significant number of rolls, they are more likely to bake a block.
To participate in the baking process, the accounts must be registered as a delegate, and they can bake on behalf of those who do not meet the 10,000 XTZ requirements.
If a baker has a significant number of rolls, they are more likely to bake a block.
To participate in the baking process, the accounts must be registered as a delegate, and they can bake on behalf of those who do not meet the 10,000 XTZ requirements.
Jun 02, 2023 17:05