It will now only require 50,000 FTM tokens to self-stake on the Fantom blockchain in a move that aims to boost security and make it challenging for attackers to launch 51% hacks.
The Fantom Foundation dismissed concerns that more validators would slow down the network, claiming that submitted transactions will now reach a validator faster as there are more to choose from.
It will now require only 50,000 FTM tokens to become a validator on the Fantom network in a move aimed at making transactions faster and the network more secure.
The Fantom Foundation announced the move recently, revealing that it had cut down the validator self-staking requirements by 90% from the previous 500,000 FTM tokens (equating to $200,680 at press time) to 50,000 tokens worth just over $20,000.
According to the Foundation, the move resulted from a vote that the community took mid-last year.
1/ Based on a governance vote, we recently reduced the validator self-stake requirement from 500k to 50k FTM, making it

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