Hyperliquid clarified several misconceptions and issues reported by its community.
The Hyperliquid network addressed concerns over validator qualification and decentralization.
HYPE token dropped 17% today, while trading volume is up by 65%.
Hyperliquid addresses some of the key misconceptions and issues reported by its community members. Meanwhile, HYPE token price is trading at $21.21, with a 17% decrease in the last 24 hours. However, a 65% rise in its trading volume shows a positive sign for a potential surge.
Most of the concerns raised by community members of Hyperliquid are regarding decentralization of validators. The Hyperliquid account on X, stated that all validators are qualified solely based on their testnet performance. It is confident that the number of validators will increase as the network matures like all other blockchain networks.
The project’s node code is currently closed source. Referring to the same, Hyperliquid said the code will be ope
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