Network Roles
The network is not run by any one entity. The various activities on the network are decentralized (delegated to different parties). The following are the three groups participating on the network.
Users
Users have the power to wrap and unwrap hbar through the contracts on the respective networks. No new tokens, or promises of new tokens, are created. The users simply transfer where the token can be made available and does not change the token in any way.
Users lock HBAR in network contracts and receive corresponding HBAR representations (wHBAR) in return
Users hold their HBAR on a Hedera-side smart contract while interacting with wHBAR on Ethereum
Administrators
Administrators are part of a select group of stewards that do what is best for the network. They have control over adding and removing validators as well as updating contract’s information through the multi-signature wallet controlling the DAO contract.
Adds or removes validators
Sets minimum required signatures from validators in order to relay a user's transaction
Sets daily limits for users and validators
Sets min/max per transaction limits
Upgrades contracts in case of vulnerability
Unlocks funds
This Role will be reduced in favor of governance polls
Validators
Validators are tasked with signing user-initiated transactions and relaying them between Hedera and Ethereum.
Validators have the power to inform the contracts of information and relay transactions in the xbar network
Provide 100% uptime to relay transactions
Listen for user-initiated messages and sign them to provide state proofs that can be relayed cross networks
Managers
Manager control the DevFund wallet. The DevFund earns 10% of GovTokens minted on the network. This fund is used to:
Make updates and improvements for the network
Run maintenance on the network
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