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HomeCrypto NewsMarketShiba Inu Lead Developer Says 500 Validators Interested in Shibarium 

Shiba Inu Lead Developer Says 500 Validators Interested in Shibarium 


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Validators have shown interest in the upcoming Shiba Inu L2 network.

Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has revealed a growing interest in Shibarium among validators. Per a screenshot shared by @sunshineSHIB, a Shiba Inu influencer, Kusama said 500 validators had shown interest in joining Shibarium.

The lead developer said most of these validators have already been invited to use the Shibarium Beta testnet. Giving most validators early access to the protocol will help them decide before the official network launches, Kusama said.

“[…] That’s why most validators have received an email asking them to use the testnet beta to help them decide if this is what they want to do,” he said. 

Kusama noted that the message was not sent to some applicants who have shown interest in becoming a Shibarium validator due to a tagging mistake.

“The last I checked, there were 500 interested validators,” Kusama added.

Image Source: https://twitter.com/sunshineSHIB/status/1640341605709234180?

For context, validators are blockchain nodes responsible for verifying and validating transactions on a network. These nodes are run by operators known as validator operators. Once Shibarium launches, the validator operators will be responsible for verifying the validity of transactions within the network. 

Notably, the number of Shibarium validators is limited to only 100 slots. Shiba Inu stated in January that it would select these validators based on their experience, knowledge, and trust. Since there is a limited slot, new validators can join the network when an active validator loses their slot.

Validators must stake at least 10K units of BONE tokens to become Shibarium validators.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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