The Cosmos Hub, a foundational blockchain within the interconnected Cosmos ecosystem, is currently secured by a robust set of 180 active validators. This significant number, recently highlighted by analytics platform Token Terminal, underscores the network's commitment to decentralized operations and robust security. As stated by Token Terminal on social media, "> ICYMI: @cosmoshub is currently operated by 180 active validators." This stable validator count is a key indicator of the network's health and its ability to maintain reliable block production.
These validators play a pivotal role in the Cosmos Hub's Proof-of-Stake (PoS) mechanism, actively participating in its Tendermint Byzantine Fault Tolerant (BFT) consensus protocol by committing new blocks to the blockchain. To become an active validator, entities must bond ATOM, the native cryptocurrency of the Cosmos Hub, either through self-staking or by attracting delegations from other ATOM holders. Their collective voting power, determined by the total ATOM staked, ensures the integrity and finality of transactions, while validators and their delegators are rewarded with newly minted ATOM and transaction fees for their contributions to network security.
The size of the active validator set is not fixed but is dynamically managed through the Cosmos Hub's on-chain governance system, allowing the community to adapt to evolving network needs. The current count of 180 validators was formally established following the approval of Proposal 797 in September 2022, which saw the set expanded from its previous size of 175. This increase aimed to foster greater decentralization by lowering the barrier to entry for new validators, thereby enhancing the network's resilience and distributed nature.
The active validator set is fundamental to the Cosmos Hub's security model, which incorporates "slashing" penalties for malicious behavior such as double-signing transactions or prolonged network downtime, affecting both validators and their delegators. Recent governance decisions, including the impactful Proposal 848 in late 2023, further refined the ATOM tokenomics by reducing the maximum inflation rate from 20% to 10%, a move intended to optimize validator incentives while ensuring long-term sustainability. Additionally, Proposal 826 introduced a global minimum commission of 5% for validators, further shaping the economic landscape for network participants.
Looking ahead, the Cosmos Hub continues to innovate, leveraging its strong validator base for broader ecosystem security. Initiatives like Interchain Security (ICS) and Partial Set Security (PSS) enable Cosmos Hub validators to extend their security services to other interconnected blockchains, allowing new chains to bootstrap their security from the Hub's established and battle-tested validator set. This strategic expansion reinforces the Cosmos Hub's central role as a secure and interoperable foundation for the growing "Internet of Blockchains."