Solana Foundation Adjusts Validator Strategy for Decentralization
- For each new validator added to the Solana Foundation Delegation Program, three validators with low external stake will exit.
- Approximately 57% of Solana validators may struggle without foundation delegation support.
- The initiative aims to increase network decentralization and reduce reliance on foundation support.
- The Solana Foundation’s control over the network has been decreasing since 2022.
- The Nakamoto Coefficient, a measure of decentralization, is strengthened by self-reliance among validators.
The Solana Foundation is implementing a policy to enhance network decentralization by onboarding new validators while removing long-term ones with minimal external stake. This move could impact around 57% of validators who depend on foundation support for operational costs.
Source (2.6)https://decrypt.co/316097/solana-foundation-shifts-validator-strategy?rand=52368