Become a Node Operator

Node operators on Polymesh are licensed and/or registered financial entities that play a critical role in securing the network for institutional use.

As a node operator, you’ll manage and run authoring nodes that keep the Polymesh blockchain secure and operational at all times.

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What is a Node Operator?

Node operators on Polymesh are licensed and/or registered financial entities permissioned to author new blocks, validate transaction order, and vote on block finality in accordance with the network’s consensus protocol.

What do Node Operators do?

Node operators execute the Polymesh protocol by running the node software, validating transactions, authoring blocks, and broadcasting them to the network.

Who are the Polymesh Node Operators?

Permissioned node operators are one of the aspects that make Polymesh unique and fit-for-purpose. By restricting block authorship to known entities, Polymesh ensures operational accountability and regulatory alignment for the handling of real-world assets.

A public permissioned blockchain

On Polymesh, anyone can run a regular node or check the upholding of network rules and public state secured by the blockchain. However, not everyone can author new blocks. Only licensed and/or registered financial entities can run the nodes that author new blocks or vote on block finality. These entities are called node operators and are permissioned through a governance process.

Node operators share earnings with those who stake funds with them, creating a competitive business model in which node operators compete for user support on the basis of reliability and expected return on investment.

Node Operators have
3 primary roles

Gather transactions into blocks to be proposed for writing to Polymesh.

Secure the chain by staking it with POLYX.

Vote on blocks proposed by other node operators to ensure they meet protocol rules.

Why become a Node Operator?

Guide the industry

Be involved in the development of Polymesh and the tokenization industry while gaining valuable insights.

Collaborate with the market leader

Be part of the first public permissioned blockchain purpose-built for real world asset tokenization.

Benefit with low investment

Participate with minimal infrastructure requirements and leverage Polymesh’s streamlined architecture.

Drive innovation

Innovate in the real world assets space with the opportunity to offer new and unique services to your clients.

Polymesh uses nominated proof-of-stake

Polymesh uses a Nominated Proof-of-Stake (NPoS) consensus model. A permissioned set of licensed node operators validate and finalize blocks, incentivized by rewards and subject to penalties. Operators are identifiable, accountable, and selected through governance.

The system doesn’t rely exclusively on reputation, ethics, or recourse to courts of law (although these factors are clearly helpful). Malfunctioning, unresponsive, or hostile node operators are detected by the remaining well-functioning, well-intended node operators. There is little rogue node operators can do to cause harm to the network beyond a momentary performance hiccup, and they are financially penalised for service interruptions.