Core DAO Passes Proposal to Expand Validator Set, Boosting Decentralization
CryptoNewsTerminal Staff31 May, 2024
Core DAO Passes Proposal to Expand Validator Set, Boosting Decentralization
Core (CORE), the Bitcoin-based EVM-compatible chain, has recently announced the successful passage of a governance proposal to increase the number of Core chain validators from 21 to 31 by Q2 2025. The proposal received an overwhelming 99.89% approval, indicating strong support from the community. This expansion aims to enhance the decentralization of the Core chain without compromising staking rewards or chain performance. By increasing the number of validators, the network becomes more resilient to potential attacks and censorship. The Core DAO's commitment to decentralization aligns with the broader trend in the blockchain industry toward greater community involvement and control over network governance. As Core continues to grow and evolve, this expansion will ensure that the network remains secure, reliable, and responsive to the needs of its users.
