How does slashing work in Tezos and why is it important to delegate only to reliable bakers like Everstake

15 Sep 2020
8 min read
tezos
8 min read
Article content
What is slashing in Tezos?
How does slashing work?
Why it is important to delegate only to reliable bakers

Any digital system is vulnerable to hacking, and blockchain is no exception. In the case of staking, technical problems can lead to downtime for individual validators, which will affect the overall network performance. However, stakers delegate their tokens to validators, on which they become dependent. As a rule, if the validator is disrupted, not only it suffers, but also its delegators. The Tezos blockchain platform solved this problem by slashing, which will be discussed in today’s article.

What is slashing in Tezos?

How does slashing work?

Why it is important to delegate only to reliable bakers

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Everstake is one of the most reliable PoS validators on the market, with current volumes of customer staked funds exceeding 2B$ and over 735K+ delegators as of March 2023.

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