Users must lock 10,000 BONE tokens in the Shibarium network in order to become validators, while 21 million BONE will be reserved as a reward for validators and delegators inside the ecosystem.
In an exclusive conversation with Cointelegraph, Kusama noted that many people in the tech world are talking about an “everything app,” but these innovations must be carried out from a community and decentralization perspective. He added that Shibarium incorporates both these principles in its operations while honoring “the principles of decentralization, interoperability and user-centric design for both blockchain and the technology sector at large.
“By using Shibarium for governance in this system, alongside self-sovereign identity to ensure quality membership , the metaverse as our territory, and the ability to partner with other like-minded states, we have effectively shattered what nationhood is and rebuilt it upon the Shib ethos of decentralization!”
Shibarium will make use of the Heimdall validator and Bor block production nodes, quite similar to the Polygon ecosystem. Heimdall will be based on the Tendermint consensus engine, while Bor will be completely interoperable with the Ethereum Virtual Machine. Users must lock 10,000 BONE in the Shibarium network to become validators. Twenty-one million BONE will be reserved as rewards for validators and delegators inside the Shibarium ecosystem and used to pay authorized gas charges.
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