We are excited to announce that InfStones now supports Threshold validator nodes and staking T (Threshold) tokens. This update makes it easy for users to set up and maintain nodes for staking without worrying about the technical side of the process.
What is Threshold?
Threshold is a unique and innovative blockchain that enables decentralized and secure transactions. It uses a Threshold signature scheme that makes it tamper-proof and resistant to attacks. This mechanism involves a group of nodes coming together to sign a transaction, which ensures the integrity and security of the network while providing scalability and faster transaction speeds.
What is Staking?
Staking is the process of locking tokens into a protocol to participate in the consensus mechanism of a blockchain network. By staking their tokens, users can earn rewards while contributing to the blockchain's security and decentralization. The network generates the rewards based on the number of tokens and the length of time users have staked them.
However, creating and maintaining a validator node for staking purposes can be difficult, especially for users who are unfamiliar with blockchain technology. It requires a deep understanding of a network and its protocols, and you have to be able to set up and manage the necessary hardware and software. The entire process can be time-consuming and complex, making it challenging for both individuals and organizations.
InfStones has simplified and improved this process. With our newest update, users can now easily set up and maintain a Threshold validator node with a few simple clicks.
How to stake T tokens?
To begin staking, you must first create a new Threshold validator node on InfStones. Our documentation provides information on launching a node and how to stake T tokens.
In addition to being accessible and user-friendly, our platform also features a dedicated rewards tracking page that shows how much you've earned over time. You can also stake more tokens at any time through your dashboard.
InfStones' support for Threshold validator nodes and T Token staking is a significant development for the blockchain ecosystem making it easier for individuals and organizations alike to participate in the network and earn rewards while contributing to the blockchain's stability.
Sign in to your InfStones account, or create one, to set up your threshold node and begin staking your T tokens.
InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider trusted by the top blockchain companies in the world. InfStones’ AI-based infrastructure provides developers worldwide with a rugged, powerful node management platform alongside an easy-to-use API. With over 20,000 nodes supported on over 80 blockchains, InfStones gives developers all the control they need - reliability, speed, efficiency, security, and scalability - for cross-chain DeFi, NFT, GameFi, and decentralized application development.
InfStones is trusted by the biggest blockchain companies in the world including Binance, CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin, among a hundred other customers. InfStones is dedicated to developing the next evolution of a better world through limitless Web3 innovation.