Blockchain NewsOrbs, a significant contributor to the TON ecosystem, is pleased to announce the availability of the Single Nominator smart contract for TON validators.
With the use of an air-gapped cold wallet created specifically for validators with enough self-stake to verify independently without depending on outside nominators, this ground-breaking approach allows safe TON blockchain validation.
The core team’s Nominator Pool smart contract may be replaced with the Single Nominator contract, which supports only one nominator and dramatically reduces the attack surface.
The most recognized auditor of TON and a significant blockchain auditor, Certik, has announced a cooperation with TON to evaluate future projects on the network. Certik has extensively examined the contract.
The Single Nominator contract was created internally by Orbs, recognized for its work on the TON Minter and TON Contract Verifier projects, to provide greater security for validators who stake their assets and manage TON validator nodes.
This program, which is regarded to be the safest and most reliable choice for operating a validator node on TON, is being made available to the public as a free, open-source product.
By isolating the hot wallet of the validator node from the principle staking funds, safeguarding the balance against gas spending assaults, and enabling the owner to change the validator address in the event of a compromised wallet, the Single Nominator contract reduces the possible attack vectors.
The contract also permits stake recovery in urgent situations such as Elector upgrades. Orbs’ dedication to the development and security of the TON ecosystem is shown in the Single Nominator smart contract, which establishes a new benchmark for the use of TON smart contracts.
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Source: https://thenewscrypto.com/orbs-releases-single-nominator-smart-contract-for-improved-ton-validator-security/