1.2 Validator Responsibilities in Detail

Let's delve deeper into each of these responsibilities:

1. Receiving and Verifying Batches of Transactions

   • Your node will continuously receive batches of transactions from the network.

   • You must verify each transaction in these batches to ensure they adhere to Spicenet's protocol rules.

   • This includes checking for correct signatures, sufficient balances, and adherence to any smart contract conditions.

2. Maintaining Network State

   • As transactions are processed, you'll update your local copy of the network state.

   • This state includes account balances, smart contract states, and other relevant blockchain data.

   • Ensuring your state matches that of other honest validators is crucial for network consensus.

3. Detecting Fraud

   • You'll need to run checks to identify any suspicious or invalid transactions.

   • This might involve looking for double-spends, invalid state transitions, or other protocol violations.

   • Prompt detection of fraud is vital to prevent any potential damage to the network.

4. Producing Fraud Proofs

   • If you detect fraudulent activity, you're responsible for creating a fraud-proof.

   • This proof is a cryptographic demonstration of the invalid state transition or transaction.

   • You'll submit this proof to the network, allowing other validators to verify the fraud and take appropriate action.