Binance Selects InfStones as Its Blockchain Infrastructure Provider for Ethereum 2.0 Staking
InfStones to provide validation nodes service and underlying Ethereum 2.0 infrastructure support for Binance.
Infinity Stones has partnered with Binance, the biggest and most robust crypto exchange by trading volume and one of the fastest in the world, to provide core support and service forEthereum 2.0 staking.
As part of the collaboration, InfStones will provide validation nodes service for Binance, and also support the infrastructure underlying Ethereum 2.0, the next evolution of one of the largest and most widely used blockchain networks in the world.
Staked ETH on the Ethereum 2.0 network has now surpassed 2.8 million, according to on-chain data. Of that, some 10% is committed through Binance, securing approximately $400 million in value for the ecosystem.
“At Binance, keeping users’ assets safe and secured always takes precedence in our operations,” says Gavin Guo, head of operations and staking with Binance. “Thus, minimizing the risk of staked assets from getting slashed due to malpractice is of top priority when choosinga staking service provider.
“InfStones has an impeccable track record in providing staking service, and unparalleled experience in blockchain node management. This is why we have chosen to expand our relationship,” Guo adds.
InfStones is dedicated to bringing down the traditional barriers to connecting with the blockchain, allowing clients to quickly build their applications on top of hundreds of blockchain networks. Our partnership with Binance takes InfStones and the broader blockchain community a step closer to accomplishing that result.
Founded in 2017, Binance is a cryptocurrency exchange that provides a platform for tradingvarious cryptocurrencies. Binance was founded by Changpeng Zhao, a developer who had previously created high-frequency trading software. As of January 2021, Binance was the largest cryptocurrency exchange in the world in terms of trading volume.
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.