Whitelisted by: https://collectives.subsquare.io/fellowship/referenda/220?tab=call

This call increases the current validator set size from 400 to 500, this a followup of https://polkadot.subsquare.io/referenda/1129, that increased the validator set size from 297 to 400.

Following this change the maximum number of usable cores supported by polkadot will increase from 80(400 / 5) to 100 (500 / 5) where 5 is the dimension of a parachain backing group.

Additionally, this reverts back the maximum number of validator candidates to 2000, that was modified in https://polkadot.subsquare.io/referenda/1129, because it is not needed until we decide to increase the validator set size to 1000. 

## Testing

Kusama has been running with 500 parachain consensus validators for 3 months since this referenda passed: https://kusama.subsquare.io/referenda/416


- **Problem Statement:** Increasing the validator set size from 400 to 500 to accommodate more cores for Polkadot.
- **Significance:** Enhancing Polkadot's capacity by allowing for 100 usable cores instead of 80.
- **Proposed Solution:** Reverting the maximum number of validator candidates to 2000 and increasing the validator set size to 500.
- **Expected Outcomes:** Improved scalability and performance for Polkadot with a larger validator set size and increased core support.

#1200 [Whitelisted Caller] Increase validator set size to 500

No Active Proposals