REI Network improves slashing mechanism to address validator misconduct
Lightweight EVM-compatible chain REI Network on X platform announced that it has improved its slashing mechanism to effectively address improper behavior by validators. Initially, validators may face penalties due to unclear proofs or blocks, but now with the latest upgrade of REI DAO, punishment measures have also been customized. For validators who cause significant damage, such as blockchain forks caused by double signatures, they may face up to 100% slashing based on actual damage; for non-harmful events or validators who make positive contributions to the network, the penalty is decided by REI holders through REI DAO proposal voting. This adjustable approach is in line with community intentions and prevents bad actors, adjusting slashing targets and amounts in line with community consensus, and increasing the cost of malicious behavior, minimizing losses to innocent validators and ensuring the stability of the REI network.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Announcement on the increase of borrowing limit coefficients for Bitget spot margin VIP levels
Bitget x DGRAM Carnival: Grab a share of 49,500,000 DGRAM
