While the Ethereum network’s migration to a proof of stake (PoS) consensus mechanism has seen the protocol become less energy-intensive, Alon Muroch, the founder of the SSV Network core team, said if the number of validators is not contained this can lead to a network overload. The Promise Offered by Distributed Validator Technology Muroch said […]
Animoca Brands Now the Largest Validator on TON Network
Animoca Brands is now TON blockchain’s largest validator and will henceforth “provide funding, research, and an analytics platform.” The software company said Animoca’s collaboration with TON further reinforces its commitment to the latter’s ecosystem. The Animoca Brands chairman said the investment in TON underscores his organization’s desire to help onboard the next million Web3 users. […]
Dwallet Labs Says It Uncovered Infstones Validator Vulnerabilities Which Left $1 Billion in Staked Assets ‘Compromised’
Cyber security firm Dwallet Labs said on Nov. 21 that vulnerabilities it found on several Infstones (a validator company) validators a few months ago “meant over $ 1B of staked assets were compromised.” Infstones has acknowledged the existence of the vulnerabilities but says it “disagrees with the severity of the potential impact.” Traditional …