Blockchain

Shibarium Receives 500 Applications For Validator Node Operation

As the Shiba Inu development wing closes in on the launch of Shibarium, more validators have shown interest in operating on the Shiba Inu layer-2 network. 

As stated by the lead Shiba Inu developer Shytoshi Kusama, 500 validators seek the opportunity to run nodes on the Shibarium project network. A Shiba Inu community influencer named SunshineSHIB made the disclosure in a recently shared snapshot while noting a confirmation. 

Notably, these validators would be responsible for validating and verifying transactions executed on the Shibarium network when the project is finally up and running. 

Accordingly, Kusama revealed that the majority of these applicants have received invitations to experiment with the launched Shibarium Beta testnet. In doing so, validator operators that have applied will check out the network before the mainnet launch of Shibarium. 

On the other hand, Kusama stated that some applicants have not been sent emails to use the beta testnet of the Shiba Inu layer-2 scaling solution because of incorrect tagging. 

He wrote in the community discord channel:

“…That’s why most validators got an email already and asked to use the testnet beta to make sure this is what they want to do. I missed a few people who might have been tagged incorrectly, but last I checked there was 500 interested validators.”

These many applications to join the upcoming Shibarium project as validators come shortly after LucieSHIB, a notable member of the Shiba Inu community encouraged interested people to apply to join the project team.

While there are only 100 slots available for validator node operators on the Shibarium network, staking at least 10,000 BONE tokens is a prerequisite for admission. New validators can only join the network when an active validator drops out.

The team had earlier announced that validator selection would be based on their experience, knowledge, and trust levels. As reported, NOWNodes is among those seeking to offer validator services on the Shibarium network. 

Ndianabasi Tom

Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

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