P2P.org’s Grand Entrance as a Genesis Validator on IOTA’s Rebased Mainnet!

Image: P2P.org x IOTA

  • Behold! P2P.org graces the IOTA network as a Genesis Validator for the freshly launched IOTA Rebased mainnet. 🧐

  • As a validator, P2P.org will add a sprinkle of enhanced security to the IOTA Rebased network, and boost institutional staking participation. Quite the honor, I must say! 💼

Ah, P2P.org, the institutional staking service provider that has now been chosen as one of the illustrious 13 Genesis Validators for the IOTA Rebased mainnet launch. Quite the prestigious role, wouldn’t you agree? Their job? To offer validator services and ensure the IOTA ecosystem thrives like never before. Joining them in this fine venture are the likes of the IOTA Foundation, IOTA Ecosystem DLT Foundation, and others. Quite the team, if I do say so myself! 🎩

When asked about the stellar group of validators selected for the IOTA Rebased mainnet, a representative from P2P.org said:

“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.”

P2P.org calls this a “significant milestone,” as they’ve staked nearly $5 billion in assets—quite a hefty sum! The company has now firmly planted its flag as one of the top institutional staking providers. They plan to work hand-in-hand with other validation partners to transition the IOTA network to its shiny new Move-based protocol. 🏆

Not ones to rest on their laurels, P2P.org has invested heavily in optimizing its staking infrastructure for the IOTA ecosystem. They’ve even assembled a crack team of experts to monitor and maintain their validator operations 24/7. Talk about commitment! 😅

Understanding The IOTA Rebased Mainnet Launch

The IOTA Rebased mainnet launch? Well, that’s a whole new level of excitement. Launched on May 5, 2025, after much deliberation from IOTA token holders, this upgrade brings us a fully decentralized, delegated Proof-of-Stake (DPoS) architecture. A thing of beauty! 🌐

The 13 Genesis Validators were tasked with transferring the network’s funds, assets, and data from the old IOTA Stardust network to the shiny new IOTA mainnet. What did this mean? Each of these 13 validators worked independently to create and verify the Genesis state of the new IOTA mainnet. Talk about precision! 🎯

This meticulous validation ensured that every address, balance, and token was transferred without a hitch, preserving the integrity of the network and ensuring all token holders could rest easy. Phew! 😌

Looking Forward

P2P.org has blossomed into one of the largest institutional staking service providers since its launch in 2018. With a cool $4.7 billion in staked and restaked assets across 40 networks, they certainly know how to make an impact. They also boast 90,000+ delegators and 130+ institutional clients. Not bad, eh? 🤩

And, of course, the IOTA team had no hesitation in selecting P2P.org as a Genesis Validator. They’ve been working with the other selected validators for months, preparing for this grand launch. Teamwork makes the dream work, after all! 🤝

Following the Genesis Celemory and mainnet launch, additional validators will be able to join based on delegation from IOTA stakers. The IOTA Foundation will slowly delegate funds from its treasury to qualified validators. Quite the spectacle, really! 💸

Before long, the network expects to reach a committee size of 50 active validators, all determined by delegation amounts, with updates happening every epoch (24 hours). IOTA, here we come! 🚀

Read More

2025-05-15 12:18