The privacy-enhancing public blockchain Aleph Zero opens the Mainnet to community validators
Aleph Zero (AZERO) opened its Mainnet to community validators, further reinforcing the network’s commitment to decentralization. Between November 30th to December 6th, Aleph Zero Mainnet has been undergoing preparations that influence the validation and nomination mechanisms. With Mainnet now open for community validators, anyone who fulfills the hardware requirements and possesses the appropriate number of AZERO coins can begin validating and securing the network.
The Aleph Zero Foundation will distribute retroactive rewards to Testnet validators by offering 300 AZERO each month of Testnet activity. The Foundation will also reward Mainnet Validators, who continue to operate Testnet nodes by allocating ongoing monthly reward airdrops to help cover infrastructure costs.
Latest Fintech News: Billtrust Releases 2022-23 Gen Z and Digital Payments Study
“Aleph Zero was founded on four key pillars: decentralization, security, privacy, and scalability. Today, we are thrilled to reaffirm our commitment to decentralization by opening Mainnet to community validators. This milestone is a major step in our journey towards complete decentralization,” says Piotr Moczurad, senior developer leading the validator program efforts at Aleph Zero. “We are confident that the changes introduced will result in a more pleasurable experience for both respective parties and will create a more scalable validation mechanism to govern the Aleph Zero Mainnet.”
Latest Fintech News: Wirex Launches 52 Tokens for Accessing Web3
In preparation for opening the Mainnet to community validators, Aleph Zero has implemented the following technological updates to its network: the Aleph Zero Node Runner has been updated to its newest iteration, making it nearly impossible for one to misconfigure a node; Aleph Zero Web Wallet has gained a new functionality that gathers live information about the performance of active validators; and new and advanced features have been added to the Aleph Node. Moreover, nomination pools are now active on Aleph Zero in order to increase scalability and performance of the network.
Latest Fintech News: Clickatell Launches Chat Commerce Solutions for Travel Industry
[To share your insights with us, please write to email@example.com]