BandChain: Community Validator Rollout #1

Band666, Spanish_Node, 0base.vc, BANDITS, Cypher Core

Kevin Lu
Band Protocol
5 min readJun 19, 2020

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The BandChain Phase 0 Mainnet has been live for nine days with the number of validators grown to over 38 trusted active nodes and now bonding over 78+ million BAND! As part of the Stage 2 plan, token transactions and staking have been successfully enabled alongside various ecosystem partners supporting BandChain.

We will now begin rolling out our community nodes that have participated in the Wenchang Testnet #2 successfully in batches of 3–5. Below, we will spotlight our first five community validators onboarded onto the Phase 0 Mainnet which you can begin delegating your BAND tokens to right now!

Band666

Band666 is a node founded by China HODLs, a large community with members consisting of developers and investors. Band666 wants to grow and work closely with Band Protocol to support more DeFi and dApps in Asia while also ensuring that the decentralized application space is as secure as possible for the next generation of users.

Band666 already has over 1,000,000 BAND delegated for their node already!

“Band Protocol is a team focusing on secure blockchain adoption first, that’s the reason why the Chinese community has come together and chosen to support Band with Defi, dApps collaborations and validator node infrastructure. Decentralized applications must be decentralized in all aspects including middleware services such as oracles — we see Band Protocol emerging as one of the leaders in the oracle space and are excited to support them in their journey.”

Kryptohenry, Co-Founder of Band666

Spanish_Node

Spanish Node represents the Spanish community for Band Protocol who have been supporters since early 2019. Their representative team is composed of 3 people who operate two sentry nodes, one validator node, and three servers to ensure the highest level of security and stability for anyone that delegates BAND tokens on their behalf.

“The Spanish community is extremely excited to be able to actively participate in this fascinating project, the technological solution that Band Protocol provides can set a new standard for the treatment of oracles and most importantly, protocol security.”

Raúl Bernal — CTO at Spanish Node

Raul from the Spanish Node Team

0base.vc

0base is a validator node founded by JinWoo Lee, an early-stage blockchain adopter having been in the space for 8 years since 2012. During this time they’ve been developing exchange, API trading, and various validator node services for other blockchains. The team utilizes Kubernetes infrastructure, a highly stable containerization and monitoring system to operate their nodes.

The team is currently running testnet nodes on Solana, Near Protocol, Coda, Cyber Congress, and OK Chain.

“Band Protocol is launching BandChain, an independent blockchain created purely to solve the oracle problem in a scalable, low-latency and cost-effect way. 0base.vc is delighted to contribute to a more scalable and secure blockchain ecosystem by operating a validator node on BandChain to drive Band Protocol’s mission of reliably connecting smart contracts to decentralized applications.”

J.L, Founder of 0base.vc

BANDITS

The BANDITS node is operated by Can, a long-term Band Protocol community member, and blockchain adopter since 2013. In 2017, Can started various crypto community projects including DevHeaven on Discord and INDINODE, a community-focused and privacy-based coin that is driven to maintain sustainable growth, development, and fair practices within the masternode coin space.

“Bandits Validator is a community-based Node service that is exploring the world of Cosmos-Network. We believe that Cosmos will be the Backbone of the new Web 3.0 era and Band Protocol will be the glue of real data between all interacting blockchains.”

Can S, Founder of BANDITS

Cypher Core

Located in the heart of Silicon Valley, Cypher Core was founded in 2017 by a collective of professionals with a shared passion to expose and deliver infallible opportunities for investors and consumers alike. The initiative has since evolved into an industry-leading staking service provider, working closely with several outstanding projects in scaling educational awareness while delivering a plethora of insight to communities across the world.

Through trust in their quality service, they’ve had the privilege to provide projects with first-rate infrastructure support and reliable staking services to serve the broader communities.

“As part of our efforts to expand, Band Protocol has been on our list of projects to engage with and the perfect opportunity has now presented itself for us to expand our portfolio and contribute to the accurate, reliable and timely provisioning of data for decentralized applications.”

Jay Jie, Founder of Cypher Core

Run A BandChain Validator Node

Upon the completion of Stage 2, anyone in the general public is welcome to stake their tokens and join our open network marking the rollout of Stage 3.

In the meantime, we encourage all community validators to start by running a node alongside 58 other validators on Wenchang Testnet #2 chain-id: band-wenchang-testnet2.

The genesis file is available here and the recommended release is v0.2.4.

Follow the instructions here:

After your node is up and running, please fill out the following form here!

Closing Remarks

Whether you’re a delegator, validator node, or supporter — we want to thank all of our community members for supporting BandChain Phase 0 so far. It’s been extremely humbling to see everyone come together to contribute toward building the Band Protocol cross-chain decentralized oracle network for Web 3.0.

This is only the beginning of the rollercoaster journey towards mass adoption and secure usage of blockchain technology for the next generation.

About Band Protocol
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Blockchains are great at immutable storage and deterministic, verifiable computations — however, they cannot securely access data available outside the blockchain networks. Band Protocol enables smart contract applications such as DeFi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle. Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance.

Website | Whitepaper | Telegram | Medium | Twitter | Reddit | Github

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Kevin Lu
Band Protocol

Co-Founder @GMIStudios | Previously OG @BandProtocol