According to ChainCatcher, the decentralized public network Nillion announced the launch of the validator program in an article on X. Validators will ensure the data integrity of the entire network and play a key role in maintaining security and preparing for the mainnet launch. Early validators will have the opportunity to be recognized for their contributions and stand out in the community.
Nillion said that as the network develops, more complex economic models will be introduced, such as token-based incentive pools where users can add additional incentives to ensure regular data verification. Early participants will be able to benefit from these developments because their contributions will be highly valued in the network.
According to previous news, Nillion completed US$20 million in financing in 2022, with a valuation of US$400 million.
According to Web3 asset data platform RootData, Nillion is a decentralized public network based on a new cryptographic primitive called Nil Message Compute (NMC), which allows nodes in decentralized networks to work in a unique, non-blockchain way. Nillion unlocks important new utilities in Web3 by enabling use cases such as decentralized credit scoring, decentralized trusted execution environments, private NFTs, and decentralized secure storage services.
