Cryptocurrency Q&A
Can a validator steal your Solana?
Can a validator steal your Solana?
Giulia
Thu Dec 26 2024
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5 answers
1450
I'm concerned about the security of my Solana tokens. Is it possible for a validator to steal them? I want to understand the risks involved in delegating my tokens to a validator.
5 answers
BlockchainBaronGuard
Sat Dec 28 2024
Commission Rugging is considered a low-risk issue in the context of validator assignment.
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KatanaSwordsmanship
Sat Dec 28 2024
When you entrust a validator with your funds, they are unable to steal them directly. Nonetheless, they possess the capability to engage in malicious behavior.
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DongdaemunTrendsetterStyleIconTrend
Sat Dec 28 2024
One such malicious act could be increasing the commission rate to an extreme level, such as 100%.
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SumoPower
Sat Dec 28 2024
This action would significantly diminish the rewards you receive from your staking activities. Importantly, your original deposit remains unaffected.
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henry_rose_scientist
Fri Dec 27 2024
The process of switching validators, to avoid such situations, is relatively swift. Typically, it takes approximately one week to complete the transition.
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