KEY TAKEAWAYS
- Chiliz successfully activated the ‘Snake8’ hard fork, enhancing its blockchain with a performance-based validator rewards system.
- The new system incentivizes validators by linking block production chances to the amount of CHZ staked, promoting community trust.
- Innovative features in Snake8 prevent centralization, ensuring fair participation for all validators, including smaller ones.
Paris, 14 October 2025: Chiliz, a prominent blockchain provider for the sports and entertainment industry, has announced the successful activation of its ‘Snake8’ hard fork on the Chiliz Chain. The upgrade, which went live today at 11:00 AM CEST, transitions the network to a performance-based validator rewards system designed to foster greater competition and reward community trust.
The Snake8 hard fork introduces significant changes to the block production algorithm for validators. Previously, all validators had an equal opportunity to produce blocks and earn rewards, regardless of the amount of CHZ staked on their node. With the activation of Snake8, the probability of a validator being selected to produce the next block is now directly proportional to the total amount of CHZ delegated to them. This change incentivizes validators to actively contribute to the ecosystem and build trust within the community to attract more staked CHZ, thereby earning greater rewards.
“With Snake8, we are taking a significant step towards a more community-led network,” said Alexandre Dreyfus, CEO of Chiliz. “This new, performance-based model directly rewards the validators who demonstrate the greatest commitment to the health and growth of Chiliz Chain. By aligning rewards with community trust, we empower our delegators and ensure that the most dedicated participants are recognized, which is crucial for our long-term vision of a thriving SportFi ecosystem.”
Innovative Features to Prevent Centralization
Chiliz Chain’s validator network represents a unique convergence of blockchain innovation and traditional sports and entertainment power. The network’s top-tier validators include the world’s first sports team validator Paris Saint-Germain, Asia’s leading football league K-League, gaming powerhouse Animoca Brands, and premier blockchain media platform Cointelegraph.
To ensure fairness and maintain opportunities for validators of all sizes, the Snake8 algorithm incorporates an enforced minimum selection frequency. This innovative feature guarantees that all active validators retain a chance to produce blocks, preventing centralization and ensuring smaller validators can continue to participate and contribute to the network’s security.
Chiliz Chain’s Ongoing Evolution
The Snake8 hard fork is the latest in a series of strategic upgrades that underscore Chiliz Chain’s commitment to continuous evolution. It follows the successful Dragon8 hard fork in 2024, which introduced a sophisticated new tokenomics model (Tokenomics 2.0), and the recent Pepper8 hard fork, which expanded the ecosystem through the integration of Paribu Net.
Further details on the hard fork are available here.
Why This Matters: Impact, Industry Trends & Expert Insights
Chiliz has activated its ‘Snake8’ hard fork, introducing a performance-based validator rewards system to its blockchain network, aiming to enhance competition and community trust.
Recent industry reports indicate that blockchain validator systems are evolving with trends focused on decentralization and technological upgrades. This aligns with Chiliz’s move to incentivize active validator participation and improve network health, addressing centralization risks.
A TradingView report highlights that the Snake8 hard fork is expected to enhance network performance and security, potentially increasing user trust and token value. This supports Chiliz’s strategic goal of fostering a more competitive and resilient validator ecosystem.
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