What is the impact of validator count on blockchain security?

What is the impact of validator count on blockchain security?

The validator count is crucial for blockchain security. A higher number of validators typically enhances decentralization and reduces the risk of attacks.

How does decentralization affect the network's performance?

Decentralization can improve resilience and trust, but it may also introduce latency and complexity in consensus mechanisms.

Is there a minimum number of validators needed for security?

While there's no strict minimum, having at least 5-7 validators is often recommended to ensure a robust security model.

What happens if too few validators are present?

With too few validators, the network becomes vulnerable to attacks, and the risk of centralization increases, compromising security.

Can the validator count change over time?

Yes, the validator count can change due to network dynamics, such as validators joining or leaving, which can impact security and performance.