Fantom Slashes Validator Requirements by 90% to Boost Network Security
Developers of Fantom (FTM) have reduced the staking requirement for running a self-staking node on the network by 90%. The move is aimed at improving network security by making it more distributed and challenging for malicious actors to launch an attack. Validators on Fantom confirm transactions on their own and bundle them to share with other validators, unlike on Ethereum where all validators confirm the same transactions. The cost of running a validator node on Fantom has been reduced to 50,000 FTM, currently worth just under $20,000 at current prices.
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