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NFT Term

Slashing Condition

Definition of Slashing Condition from the NFTguild.com glossary.

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On Proof Of Stake (PoS) blockchains dishonest validator behavior is penalized with “slashing”. A “slashing condition” refers to the rule set which defines negative behavior and outlines the exact parameters which trigger the prescribed penalties. On the Ethereum 2.0 Beacon chain, a slot refers to the 12 second time window during which a new block may or may not be added to either the beacon chain or shards. This 12-second “slot” is the smallest unit of time on Ethereum 2.0 and 32 of these slots comprise an Epoch.