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Institutional Staking Provider P2P.org Joins IOTA Rebased Mainnet As Genesis Validator
By: cryptosheadlines|2025/05/15 17:15:05
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Image: P2P.org x IOTA P2P.org joins the IOTA network as a Genesis Validator for the recently launched IOTA Rebased mainnet. As a validator. P2P.org will provide enhanced security to the IOTA Rebased network and increase institutional staking participation. Institutional staking service provider P2P.org has been selected as one of the 13 Genesis Validators for the IOTA Rebased mainnet launch. The selection will see P2P.org provide validator services on the network and help support the long-term success of the IOTA ecosystem. Other Genesis Validators that were selected include the IOTA Foundation, IOTA Ecosystem DLT Foundation, Nansen, Staketab, Kiln, Blockscope, DLT GREEN, Tangle Ecosystem Association, LugaNodes, Twinstake, Stalin, and Coinage x DATC. Speaking on the experienced team of validators selected for the IOTA Rebased mainnet, a team member from P2P.org stated: “This carefully selected group represents a balance of institutional expertise, technical capability, and community presence—essential ingredients for the successful launch of the new IOTA network.”The P2P.org team believes the selection is a “significant milestone” and shows its prominence in its staking infrastructure, with nearly $5 billion in staked and restaked assets. P2P.org has risen as one of the leading institutional staking providers and aims to work with the other validation partners to ensure the secure transition of the IOTA network to its new Move-based protocol.P2P.org has invested significant resources in optimizing its staking infrastructure specifically for the IOTA ecosystem and has assembled a dedicated team to monitor and maintain its validator operations around the clock. By joining as a Genesis Validator, P2P.org will offer IOTA token holders industry-leading reliability, enhanced security measures designed for high-value networks, transparent fee structures and dedicated support 24/7. Understanding The IOTA Rebased Mainnet LaunchThe IOTA Rebased mainnet launch is the most significant upgrade to the network. The mainnet launched on May 5, 2025, following the collective decision of IOTA token holders. The Rebase mainnet transitions the network into a fully decentralized, delegated Proof-of-Stake (DPoS) architecture through the latest upgrade. The 13 Genesis Validators helped transition the network’s funds, assets and data from the current IOTA Stardust network to the new IOTA mainnet. As a “new and unique” network, the IOTA mainnet aims to provide a truly decentralized network via the validators. Each of the 13 validators was tasked with independently creating and verifying the Genesis state of the new IOTA mainnet, ensuring a perfect 1:1 transfer of the final ledger state from the previous IOTA Stardust network.This careful validation process ensured that every address, balance, and token was transferred correctly, maintaining the integrity of the network and preserving access for all token holders.Looking Forward P2P.org has grown into one of the largest institutional staking service providers since its launch in 2018. The company boasts $4.7 billion in total value of staked and restaked assets across 40 networks and supports 90,000+ delegators and 130+ institutional clients. According to the IOTA team, P2P.org was an “easy selection as a Genesis Validator”, having worked with other selected Genesis Validators to prepare for this launch for the past five months. Following the Genesis Celemory and the launch of the mainnet network, additional validators will now be able to join in a permissionless manner based on delegation from IOTA stakers. The IOTA Foundation will gradually delegate funds from its treasury to qualified validators to ensure a secure bootstrapping of the mainnet.The network is expected to fill its validator committee size of 50 active validators within five epochs (approximately 5 days). The composition of this committee will be determined entirely by delegation amounts, with updates occurring every epoch (24 hours).Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Source link
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