Splinterlands To Decentralize Validator Nodes With New License Offering

cryptonews.com:

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Philadelphia, PA, 14th April, 2022,

Splinterlands, one of the most popular play-to-earn (P2E) games, has announced that it will be switching over to decentralized Splintershards (SPS) validator nodes. The mainnet launch of the SPS Validator node software is expected to roll out during the third or fourth quarter of 2022.

The SPS validator software will be fully open-source, enabling anyone to download, install, and run it without any extra costs or restrictions, however, the node licenses will require SPS payment to obtain. It will be initially released as a “docker container” that can be operated on Linux machines, with versions for Windows and MacOS to follow soon. Additionally, running the SPS validator node will only require minimal hardware.

The SPS governance mechanism will use the DPoS (Delegated Proof of Stake) consensus model, similar to other leading networks like Binance Smart Chain, EOS, and Hive. As a result, any account with staked SPS tokens will be eligible for voting for accounts running validator nodes to elect further users or entities responsible for validating all SPS transactions and managing the SPS foundation funds. In essence, the more staked SPS backing a particular validator, the more blocks they will be assigned, and the higher their rewards.

However, in the aforementioned process, only a small number of accounts can obtain the majority of the votes, and therefore the majority of the rewards. To solve this, the Splinterlands team will be offering “licenses,” enabling all users to earn rewards for running nodes without needing to have any staked SPS votes. These SPS licenses can be purchased via a combination of