bitcoin
Bitcoin (BTC) $ 61,557.49
ethereum
Ethereum (ETH) $ 3,394.07
tether
Tether (USDT) $ 0.997811
bnb
BNB (BNB) $ 575.29
xrp
XRP (XRP) $ 0.472213
cardano
Cardano (ADA) $ 0.384892
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.547731
binance-usd
BUSD (BUSD) $ 0.998255
dogecoin
Dogecoin (DOGE) $ 0.122369
okb
OKB (OKB) $ 42.43
polkadot
Polkadot (DOT) $ 6.11
shiba-inu
Shiba Inu (SHIB) $ 0.000017
tron
TRON (TRX) $ 0.125065
uniswap
Uniswap (UNI) $ 9.03
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 61,510.48
dai
Dai (DAI) $ 0.999185
litecoin
Litecoin (LTC) $ 74.61
staked-ether
Lido Staked Ether (STETH) $ 3,394.81
solana
Solana (SOL) $ 142.02
avalanche-2
Avalanche (AVAX) $ 28.02
chainlink
Chainlink (LINK) $ 13.60
cosmos
Cosmos Hub (ATOM) $ 6.65
the-open-network
Toncoin (TON) $ 7.63
ethereum-classic
Ethereum Classic (ETC) $ 23.30
leo-token
LEO Token (LEO) $ 5.79
filecoin
Filecoin (FIL) $ 4.42
bitcoin-cash
Bitcoin Cash (BCH) $ 387.29
monero
Monero (XMR) $ 168.46
Sunday, June 30, 2024
bitcoin
Bitcoin (BTC) $ 61,557.49
ethereum
Ethereum (ETH) $ 3,394.07
tether
Tether (USDT) $ 0.997811
bnb
BNB (BNB) $ 575.29
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.472213
binance-usd
BUSD (BUSD) $ 0.998255
dogecoin
Dogecoin (DOGE) $ 0.122369
cardano
Cardano (ADA) $ 0.384892
solana
Solana (SOL) $ 142.02
matic-network
Polygon (MATIC) $ 0.547731
polkadot
Polkadot (DOT) $ 6.11
tron
TRON (TRX) $ 0.125065
HomeFinanceCaldera launches Guardian Nodes, creating a brand new path for groups to...
spot_img

Caldera launches Guardian Nodes, creating a brand new path for groups to lift funds and decentralize their community

San Francisco, United States, Might twenty fourth, 2024, Chainwire

  • Rollup-as-a-Service platform Caldera is launching Guardian Nodes, a production-ready node system that allows community customers to confirm rollup blocks for rewards.
  • HYCHAIN, the primary staff to leverage this method with Caldera, generated $8 million from their preliminary node sale.

Caldera, the main Rollup-as-a-Service (RaaS) platform, presently powers over fifty EVM rollups (together with Manta, Injective inEVM, Kinto, HYCHAIN, Treasure, and ApeChain) that safe ~$1B in whole worth locked.

Together with their core rollup infrastructure, Caldera provides a catalog of over 50 integrations throughout the modular stack and an assortment of different customized user-facing instruments for chains to leverage.

Guardian Nodes are the newest addition to that checklist.

The Background

At present, the vast majority of L1 blockchains function utilizing a proof-of-stake mannequin, the place a series’s members are incentivized through community rewards to lend their stake and validate the chain.

This incentive construction fosters decentralization by encouraging particular person stakers to function trustworthy validators, whereas punishing those that do not, making for an especially excessive value to assault a community and compromise its safety.

See also  Binance to Halt TOMO Deposits and Withdrawals on November 20

Decentralizing Rollups

EVM rollups have all however solved the scalability drawback, with L2s and L3s on enabling nearly infinite scale. However, there’s nonetheless no incentive for trustworthy community members to observe these rollups.

Caldera’s Guardian Nodes permit groups to decentralize their rollups by enabling customers to confirm blocks and safe the community in trade for rewards. Below the hood, that is achieved by introducing a novel “mild verifier” to Arbitrum rollups that permits Guardian Node operators to confirm Nitro batches on on a regular basis {hardware} while not having to run a full node.

Groups can launch Guardian Nodes to their customers by a “Node Sale”, which distributes “keys” that authenticate a node’s eligibility to submit claims and earn rewards, granting purchasers the power to function a Guardian Node on a given rollup.

HYCHAIN, the primary staff to leverage this method, raised over $8m throughout 16,000+ node keys in simply 2 weeks, fully supercharging their neighborhood whereas producing vital income for his or her challenge.

See also  Op-ed: Reducing the environmental price of cutting-edge applied sciences like AI and Bitcoin

By enabling extra events to observe over a rollup and determine malicious habits, the community’s safety grows extra strong— an important step to establishing belief within the chain’s correctness. This in flip generates extra demand for a rollup’s native token, which is required for customers to take part in validation and helps present sensible cryptoeconomic safety for the community.

Guardians Nodes are one other notch within the belt of Caldera’s spectacular infrastructure answer. With the success of HYCHAIN’s launch, we anticipate extra groups constructing rollups to leverage this modern product within the coming months.

To get began with a excessive efficiency rollup, go to Caldera’s web site right here and/or guide a name right here.

ContactDevelopmentAlex GuCalderaalex@caldera.xyz4844329611

This text was initially revealed on Chainwire

- Advertisment -spot_img
spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

spot_img