Umbrella Network Community Validator Program FAQ

Umbrella Network has an active Community Validator Program. Join as a validator to help secure the network, validate data and lead Umbrella to further it’s mission to become a truly decentralized oracle.

Umbrella Network is looking for technically proficient, experienced members of our community to be a part of our validator network, but anyone with experience running a cloud or web server can apply.

We will compensate and reward validators with UMB tokens on a monthly basis, so that they will be properly incentivized to operate, but they will need to be able to carry the operating costs of running a node for a month, which currently is costing less than $100 to operate.

Apply here to become an Umbrella Network validator.

Go here for documentation on how to run an Umbrella Validator node.

And here for our Operator FAQ.

If you have any questions please join our discord server and go to our support channels.

What Does an Umbrella Network Community Validator Do?

Since data committed on the Blockchain becomes permanent (unless you have the resources to execute a 51% attack), it is desirable to verify and validate the incoming data before it is committed on chain.

Umbrella Network uses a group consensus mechanism to validate the incoming data, which includes a majority approval of the data by the validators in every consensus round.

The key responsibilities of an Umbrella Network Community Validator are:

• validating transactions
• writing blocks to the blockchain
• executing the aggregated transactions and
• maintaining the latest state of the Umbrella Network

Why Should I Become a Community Validator on Umbrella Network?

In theory, all blockchains, and DeFi projects, are built upon the idea that central authority is not only unnecessary but detrimental to the efficiency, security, and accessibility of essential information services. Power should be placed in the hands of the people. In the case of Umbrella, that would be the community of validators and the voting community in a fully decentralized manner.

While those are noble goals, validators will also need proper economic incentives to run a node. In the beginning, Umbrella will provide token incentives to all participating validators that will subsidize the operating costs and also provide additional rewards. Current validators will only be required to hold a small amount of UMB to participate. Ultimately, validators will be able to earn fees from staking rewards as well as fees from validating transactions.

Apply here to become an Umbrella Network validator.

If you have any questions please join our discord server and go to our support channels.