The decentralized public network Nillion has launched a validator program
ChainCatcher news, the decentralized public network Nillion announced on X the launch of its validator program. Validators will ensure the integrity of data across the network and play a key role in maintaining security and preparing for the mainnet launch. Early validators will have the opportunity to gain recognition for their contributions, allowing them to stand out in the community.Nillion stated 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 validation. Early participants will be able to benefit from these developments as their contributions will be highly valued within the network.Previous news reported that Nillion completed a $20 million funding round in 2022, with a valuation of $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 a decentralized network to operate in a unique, non-blockchain manner. 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.