- IOTA Rebased Testnet is in its latest phase of development before mainnet launch.
- The protocol is onboarding validators who are securing billions in assets.
The IOTA Rebased test network recently announced onboarding a new set of trusted validators in the blockchain space. This marks the first validators welcomed this year, highlighting the network’s determination to build a robust and diverse infrastructure for the upcoming mainnet launch.
Duties of the IOTA Rebased Validators
IOTA brought the news to the public in a recent X post, highlighting the core duties of the validators to the Rebased testnet. Importantly, these validators, which have secured billions in assets, are expected to bring trusted, enterprise-grade validation to IOTA.
🌐 IOTA Rebased welcoming top-tier validators, staking providers & infrastructure experts to its test network. These industry leaders secure billions in assets & bring trusted, enterprise-grade validation to #IOTA. 🔽 Meet them in the 🧵& read more ⤵️ 🔗https://t.co/uz4nddUOKg pic.twitter.com/JxzDuEAYtP
— IOTA (@iota) February 6, 2025
Additionally, they will serve an important role in upholding the network’s security, reliability, and decentralization. The validators recently welcomed on the IOTA Rebased testnet include stakefish, Allnodes, Realize, Infrasingularity, Coinage x DAIC, and keyring. Others are Trusted Point, Staking4All, Alum Labs, Stardust Staking, and Spectrum Staking.
IOTA emphasized that these validators’ involvement reinforces the network’s technical foundation. It also reflects the confidence they have in the network’s revolution with IOTA Rebased.
The validators are expected to bring their expertise and commitment towards ensuring IOTA enters a new era of decentralization, innovation, and collaboration.
For instance, stakefish, one of the established validators in the blockchain space, has secured $3 billion in assets staked across over 20 protocols. With Stakefish, IOTA stakes now have another solid and verified option for delegating their tokens.
As regards Realize, the platform would support Real-World Asset (RWA) tokenization on the IOTA Rebased test network. The Realize platform provides seamless access to tokenized financial products, such as US Treasury Bills, by bridging traditional finance with blockchain technology.
Allnodes, another top validator, would contribute to the growth and security of the IOTA Rebased testnet. Allnodes, a non-custodial staking and node hosting platform and infrastructure provider, oversees a total value of $4.4 billion in assets. Through a focus on transparency, technical excellence, and innovation, Allnodes supports 118 blockchains managing over 33,000 hosted nodes.
The network pointed out that its validator onboarding process is not complete. Therefore, more validators are expected to come on board in the next few weeks.
IOTA Rebased Prepares for Mainnet Launch
The involvement of the latest validators sets the groundwork for what will become a strong and trustworthy mainnet. As highlighted in our previous article, the IOTA Rebased protocol upgrade sets the network for extensive transformation of its scalability, programmability, and decentralization capabilities.
The upgrade is anticipated to result in a Consensus switch to the Mysticeti protocol. Additionally, the IOTA Rebased Protocol is intended to cut transaction fees with an adaptive fee burn mechanism dramatically. Community approval for the upgrade reached high levels, as 98% of voters supported the project through governance.
As mentioned in CNF’s previous news brief, the mainnet launch is scheduled for release later this year. There’s no specific date, but the team has outlined essential conditions before the launch. These include checking validator readiness status and running a two-month testnet phase.
