Hyperliquid Expands Validator Set to 21 Permissionless Nodes

The Hyperliquid Foundation has announced a significant update to its validator set, expanding it to include 21 permissionless nodes. This development allows any user to register a node, with the top 21 validators by staked amount forming the active set. Nodes are required to self-stake 10,000 HYPE tokens, which will be locked for one year without the possibility of a refund, even if the node is not selected for the active set. The foundation recommends that users familiarize themselves with the testnet before the mainnet launch and prioritize applying for the Delegation Program, which is set to begin in the coming days. This program aims to allocate token support to high-quality validators, enhancing the network's security and efficiency.

Ask Aime: What are the implications of the Hyperliquid Foundation's validator set update on the overall market and its participants?

This update marks a pivotal moment for the Hyperliquid network, as it transitions towards a more decentralized and community-driven governance model. By allowing any user to register a node, the network opens up opportunities for a broader range of participants to contribute to its security and operations. The requirement for nodes to self-stake a significant amount of HYPE tokens ensures that only committed and capable validators join the network, thereby maintaining a high standard of performance and reliability.

The introduction of the Delegation Program further underscores the foundation's commitment to fostering a robust and secure network. By providing token support to high-quality validators, the program incentivizes participation and encourages the development of a strong validator community. This, in turn, enhances the network's resilience and ensures that it can continue to operate smoothly and efficiently.

Overall, the update to the Hyperliquid validator set and the upcoming Delegation Program represent significant steps forward for the network. These developments not only strengthen the network's security and efficiency but also pave the way for a more decentralized and community-driven future. As the network continues to evolve, it is poised to become a leading player in the blockchain ecosystem, offering innovative solutions and opportunities for users and developers alike.