The impact of increased validators on the Fantom network
The impact of increased validators on the Fantom network
Recently, the Fantom community reduced the validator self-stake requirement, making it more accessible to run a Fantom validator. Increasing the number of validators is a priority for decentralized networks as it makes it harder for malicious actors to attack. Fantom achieves consensus by validators confirming transactions on their own and sharing them with other validators. The increase in validators will result in a more secure network, faster transaction bundling, and potentially longer time for bundles to reach 2/3 of validators. However, as long as new validators run on quality hardware, performance will not be affected. The existing large validators will continue to be the majority in the short term, but the network is being positioned for future decentralization. Lower staking requirements do not pose a security risk, as a validator's power is determined by stake amount, not the number of validators they run.
1/ Based on a governance vote, we recently reduced the validator self-stake requirement from 500k to 50k FTM, making it more accessible than ever to run a #Fantom validator. But we've been asked: "How does an increase in validators impact Fantom?" Well, let's find out 馃У
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