Validator onboarding
• At the beginning the amount of validators is going to be capped at 1000. Just cause we are cautious.
• If you’ve paid close attention to the HMND token distribution you might have noticed 2% reserved for mainnet validators. This is a special fund that will bootstrap the functioning of the first 100 human node validators that are going to join. Regardless of the saturation of the network it will cover the cost of running the nodes for several years to come.
• There will be no pre-onboarding period. The mainnet will be deployed at a particular time and the human nodes will be able to onboard themselves like they did to any other testnet.
• Note that there is going to be a lag between mainnet deployment and HMND hitting the exchanges so only those who acquired it beforehand would be able to deploy nodes as you need a small fee to bioauthorize your human nodes.
HMND listing
Due to legal boundaries of this very “free” and “decentralized” field we are all engaged in we are not yet allowed to publicly disclose the exchanges, but I would like for you to know that the integration has already begun and we are expecting to hit them ETA the end of november - beginning of december.
Hope I’ve been able to enlighten you a bit about the path that we’re taking. Although there have been testnets running for almost a year now and many improvements were made and bugs ironed out. Expect stuff to clunk, crash, bug out and burn. But regardless of how tough it is and how many obstacles we face, together with you we will overcome them all and bring proper distribution of power to web3 as it was intended from the beginning.
Post #542
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