Validator

Zug`, Switzerland, August 8th, 2024, Chainwire The partnership entails hosting one of the initial seven validator nodes on Haven1 to provide robust security for Web3 innovations on the Haven1 proof-of-authority blockchain.This strategic partnership between AWS and Haven1 will enable broader adoption of Web3 solutions. Haven1, the REKT-Resistant EVM L1 blockchain, and Amazon Web Services (AWS) today announced a strategic partnership, with AWS working with a verified, infrastructure partner to become one of the seven initial validators of the Haven1 Proof-of-Authority…

NeurochainAI (NCN) announced that it is releasing a limited supply of its Neuron Validator node authorization non-fungible tokens (NFTs). According to a recent NeuroChainAI announcement, this initiative is part of the protocol’s node validator network early growth strategy. NeurochainAI plans to issue up to 10,000 Neuron Validator NFTs on a first-com, first-served basis during the token generation event this summer. To participate in the event, interested users will need to stake 12,000 NCN to generate a validator NFT. The validator…

Blockchain infrastructure and service provider Everstake has confirmed that it has joined exSat’s network as a data validator. The move increases the number of major players that have committed to supporting exSat through its testnet and mainnet launch to realize its goal of scaling the Bitcoin ecosystem. Everstake’s decision to operate a data validator node will help to move exSat closer to launching with the infrastructure support it needs to run a decentralized network that can deliver reliable data for…

Web3 infrastructure provider HashKey Cloud has partnered with exSat to become a Data Validator on the exSat testnet. The arrangement will also see HashKey Cloud maintain this role once the exSat mainnet goes live. exSat is developing a docking layer for scaling Bitcoin. With institutional adoption of BTC ramping up, exSat is on a mission to create the infrastructure that will allow a scalable Bitcoin ecosystem to flourish. HashKey Cloud will play a role in realizing this goal by providing…

The strategic partnership will see BitTrade stake over 100 BTC to help strengthen the security and scalability of the network.  Bitcoin scalability and interoperability solutions platform exSat announces the addition of BitTrade as a data validator node. The Japanese licensed cryptocurrency exchange becomes the second company to run exSat’s validator nodes, following the recent addition of Spiderpool, one of the largest Bitcoin mining pools.  BitTrade joining as a validator node marks the first licensed institution to join the exSat network,…

SSV Network extends its Incentivized Mainnet Program to December 2024, increasing total duration to 15 months. New tiered APR rewards system implemented, offering up to 30% APR boost for the first 30,000 validators. On June 26th, SSV Network, a prominent provider of blockchain infrastructure, announced revisions to its incentivized mainnet program (IMP) in Tel Aviv. These changes, approved through a decentralized governance vote, include an extension of the program’s duration, an update to reward tiers, increased APR (Annual Percentage Rate)…

Community rejects expanding validator set from 100 to 130. Settlement with U.S. SEC leads to validator dispute: $4.5 billion settlement sparks validator dispute over network decentralization. The Terra Luna Classic community has rejected a highly debated proposal to increase the validator set to 130 on the blockchain. This decision comes in the wake of Terraform Labs and Do Kwon’s agreement to settle with the U.S. SEC for $4.5 billion. According to updates shared in Today’s Coin Market Cap news, the…

Terra Luna Classic takes a proactive measure against possible spam attacks with the introduction of Proposal 12097 which would also increase validators’ commission from 0% to 2.5%. According to the proposal, increasing the minimum commission would motivate small validators to invest in better infrastructures to mitigate attacks.  Tera Luna Classic (LUNC) takes a drastic approach to revolutionize its ecosystem with a series of approved proposals subject to voting. Over the years, developers have pointed out possible risks to the likes…

Crypto Validators are new "payment processors" in decentralized networks, and as such, they produce blockchain rewards. It sounds simple, doesn’t it? However, the definition of validators in crypto is much more complex than that. Also, the role of a validator may change depending on the consensus mechanism each blockchain uses. In this guide to validators in blockchain, we look closely at this entity and its indispensable role. Furthermore, we analyze four validator use cases in different blockchains and their benefits.…