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Orbs Introduces Single Nominator Smart Contract for TON Validators

Explore the new single nominator smart contract by Orbs for enhanced security and independence in the TON blockchain.
Published on 2023-04-04

Introduction to Orbs' Innovation

Orbs, a robust public blockchain infrastructure, has unveiled a significant advancement with the release of the single nominator smart contract for the Telegram Open Network (TON). This development aims to optimize the functioning of validators within this decentralized layer-1 blockchain ecosystem.

Enhanced Security for Validators

The single nominator smart contract plays a crucial role by offering an isolated cold wallet solution. This feature is specifically designed to secure the validation processes of TON validators. By utilizing this cold wallet, validators can safeguard their activities from external threats while maintaining efficient operations.

Independence in Validation

A key benefit of the single nominator is its ability to support validators with sufficient self-stake. These validators can now perform independent validation without relying on third-party nominators. This independence is instrumental in strengthening the autonomy of validators and reducing dependency on external entities.

Protection Against Gas-Spending Attacks

The smart contract also provides enhanced protection against gas-spending attacks. By ensuring that validators have a more secure and controlled environment, the risk of such attacks is significantly minimized. This protective measure is a vital step towards maintaining the integrity and security of the validation process in the TON network.

Conclusion

Orbs' introduction of the single nominator smart contract marks a pivotal advancement in the TON blockchain ecosystem. By elevating security, enhancing independence, and mitigating risks, this innovation supports the robust and secure operation of validators, paving the way for a more resilient blockchain infrastructure.

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