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InfStones Joins Andromeda as Genesis Validator, EigenLayer's Pioneering Launch, and More!


InfStones Joins Andromeda as Genesis Validator, EigenLayer's Pioneering Launch, and More!
May 03,2024|Newsletter

InfStones Joins Andromeda as Genesis Validator, EigenLayer's Pioneering Launch, and More!

Welcome to our May newsletter!

Last Month was action-packed, and we’re excited to fill you in on the highlights. On a side note, our team is growing rapidly - don’t miss your chance to be part of it. Head over to our careers page to apply now!

Client Spotlight

Andromeda Selects InfStones as its Genesis Validator

We recently announced our collaboration with Andromeda Protocol, serving as a genesis validator to ensure the network's security and efficiency. The Andromeda Protocol introduces AndromedaOS (aOS), an operating system simplifying blockchain development and fostering interoperability among various blockchain ecosystems. This provides blockchain application development, enabling more accessible and inventive solutions. InfStones' role as a genesis validator guarantees network security and provides a secure channel for users to stake Andromeda native tokens (ANDR) while contributing to network security and reaping the rewards. This collaboration exemplifies InfStones' dedication to advancing blockchain technology and fostering innovation within the community, inviting all to join in shaping the decentralized future through the Andromeda Network. For further details on this announcement, you can read more here.

Now Trending

EigenLayer's Pioneering Launch: Seven New Services to Transform Ethereum's Ecosystem

EigenLayer's launch of seven Actively Validated Services (AVS) on its Ethereum restaking protocol heralds a new era of innovation and efficiency within the Ethereum ecosystem. These services, including restaked rollups, real-world data integration, and computational solutions, are set to enhance Ethereum's functionality and scalability significantly. Following EigenLayer's successful Ethereum mainnet launch, the initiative has received support from leading industry players, reflecting the broad enthusiasm for Ethereum's evolution. EigenLayer’s token is scheduled to be released on May 10th. InfStones, by supporting all of the AVS protocols, reaffirms its dedication to supporting Ethereum's infrastructure and ensuring its continued growth and innovation, marking a significant milestone in the development of the blockchain space.

Revolutionizing Bitcoin: CoreDAO's Novel Staking Solution

Core Chain is revolutionizing Bitcoin utility, enabling native Bitcoin staking with rewards paid out in CORE tokens coming directly from Core's block rewards. This innovative approach allows Bitcoin holders to earn yield on their assets without leaving the network or giving up custody of their assets, thereby addressing the demand for greater Bitcoin liquidity utilization. Since its 2023 launch, Core Chain has attracted significant participation, with impressive metrics such as receiving 50% of Bitcoin’s hashrate and facilitating over 245 million on-chain transactions. The project’s success has also led to institutional interest, with the launch of a Bitcoin ETP that earns yield with Core Chain. InfStones is proud to be supporting Core Chain, committed to backing the protocol’s ongoing development and new features, enhancing Bitcoin’s functionality and utility in the cryptocurrency space.

Puffer Finance Collaborates with SSV Network

Puffer Finance and SSV Network, in collaboration with InfStones, have achieved a significant milestone by launching Distributed Validator Technology (DVT) on Puffer's testnet. This integration allows for the decentralization of validator responsibilities through "squad staking," enhancing validator reliability, reducing risks, and increasing Ethereum network participation. The permissionless nature of DVTs paves the way for innovation and broader participation, with plans for further expansion upon the launch of Puffer's mainnet. InfStones, proudly partnered with both Puffer Finance and SSV, is committed to providing robust and decentralized infrastructure. As a leading validator for Puffer Finance, InfStones supports one of the top providers of liquid restaking tokens (LRT), underscoring our dedication to enhancing the blockchain ecosystem.

About InfStones

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.