Terra Classic, a blockchain network, recently proposed a new governance rule. This rule aims to enhance the network’s security and decentralization. The regulation restricts validators from operating more than one node. Furthermore, entities cannot validate the network across different project divisions. Non-custodial service providers are also barred from allowing customers to run multiple validators.
This measure addresses concerns about potential risks to the network’s security and decentralization. Validators currently operating multiple nodes would need to revert to a single-node operation. Non-custodial providers must enforce these restrictions rigorously. The proposal seeks to diminish the likelihood of Sybil attacks, where one entity controls multiple nodes, thus compromising the network’s integrity.
The Terra community is set to vote on this crucial proposal soon. If passed, the rule would mandate immediate compliance from all network participants. This would ensure a fair and equitable environment within the Terra Classic network, bolstering its reputation and operational stability.
