P2P.org Selected as Genesis Validator for IOTA Rebased Launch

Post preview image

We are proud to announce that P2P.org was selected as one of the 13 Genesis Validators for the IOTA Rebased mainnet launch that took place on May 5, 2025. This milestone represents a significant vote of confidence in our infrastructure and expertise as we join an elite group of validators tasked with ensuring the secure transition of the IOTA network to its new Move-based protocol.

A Historic Transition for IOTA

The IOTA network just saw its most significant evolution to date. On May 5, 2025, following the collective decision of IOTA token holders, the network transitioned to a fully decentralized, delegated Proof-of-Stake architecture through the IOTA Rebased upgrade.

This crucial upgrade required a meticulously coordinated Genesis Ceremony to ensure the flawless migration of all user funds, assets, and data from the current IOTA Stardust network to the new IOTA mainnet. As one of the 13 Genesis Validators, P2P.org played a pivotal role in this historic transition.

The Genesis Ceremony: Birthing a New Network

The Genesis Ceremony represents the birth of the new IOTA network in a truly decentralized manner. Each of the 13 validators independently created and verified the Genesis state of the new IOTA mainnet, ensuring a perfect 1:1 transfer of the final ledger state from the previous IOTA Stardust network.

This careful validation process ensured that every address, balance, and token was transferred correctly, maintaining the integrity of the network and preserving access for all token holders. The ceremony's design prevents any single entity from controlling the network, aligning with IOTA's vision of true decentralization.

Why P2P.org Was Selected

Since our founding in 2018, P2P.org has built a reputation for excellence in non-custodial staking infrastructure. With over $5 billion in staked assets across 40 networks and supporting more than 90,000 delegators and 130+ institutional clients, our track record speaks for itself.

Over the past five months, we've collaborated closely with the other selected Genesis Validators to prepare for this launch, addressing technical challenges and implementing updates to ensure a smooth transition. Our selection validates our commitment to providing secure, reliable validator services for cutting-edge blockchain networks.

The Genesis Validator Cohort

P2P.org is honored to serve alongside twelve other distinguished validators:

This carefully selected group represents a balance of institutional expertise, technical capability, and community presence—essential ingredients for the successful launch of the new IOTA network.

Next Steps: Validator Onboarding and Delegation

Following the successful Genesis Ceremony and the launch of the network, additional validators will now be able to join in a permissionless manner based on delegation from IOTA stakers. The IOTA Foundation will gradually delegate funds from its treasury to qualified validators to ensure a secure bootstrapping of the mainnet.

The network is expected to reach its full committee size of 50 active validators within five epochs (approximately 5 days). The composition of this committee will be determined entirely by delegation amounts, with updates occurring every epoch (24 hours).

Our Commitment to the IOTA Ecosystem

As a Genesis Validator, P2P.org is fully committed to supporting the long-term success of the IOTA ecosystem. We've invested significant resources in optimizing our infrastructure specifically for IOTA's unique requirements and have assembled a dedicated team to monitor and maintain our validator operations around the clock.

For IOTA token holders looking to participate in the network's security through delegation, P2P.org offers:

Looking forward

We're excited about the future of IOTA and the new opportunities this upgrade will create for developers, users, and the entire blockchain community. The Move-based protocol implementation opens up powerful new capabilities for smart contracts and decentralized applications, and we're committed to supporting this ecosystem's growth.

Stay tuned for more updates as we approach the May 5th Genesis Ceremony. If you're interested in delegating to P2P.org after the network launch, contact our staking experts today!

Subscribe to P2P-economy

Get the latest posts delivered right to your inbox

Subscribe
Read more