BandChain: Community Validator Rollout #2

Stakin, Blockscape, Band Jedi Team, TH StakePool, Masternode 24

Kevin Lu
Band Protocol
6 min readJun 22, 2020

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The BandChain Phase 0 Mainnet has been live for twelve days with the number of validators reaching 38 active nodes that are now bonding over 78.79+ million BAND! As part of the Stage 2 plan, we are continuing to roll out ecosystem partners and community nodes that have participated in the Wenchang Testnet #2 successfully in batches of 3–5.

This is the second batch of community nodes that have been onboarded onto the Mainnet Phase 0 Mainnet which you can begin delegating your BAND tokens to right now!

Stakin

Stakin is a multi-asset staking service provider operating with a strong focus on the Cosmos ecosystem. They launched in January 2019 with over 3000+ delegators and operations on 10 mainnet networks without any slashing penalties so far, paving an impressive track record for secure validation.

The company is based in Europe but decentralized and truly global, with team members on almost every continent and involvement extending to DApp development and community initiatives. They have already published 60+ guides and educational materials published on their blog to help communities — check out their introductory piece to Band Protocol.

“BandChain provides a valuable solution to deliver decentralized data to multiple chains. As part of our effort to support Proof-of-Stake and interoperability ecosystems and our past expertise in oracle management, Stakin is very happy to contribute to the security and decentralization of BandChain”.

Edouard Lavidalle, Co-Founder of Stakin

Blockscape

M-Way Solutions, the company behind the Blockscape service, has more than 14 years of experience in mobile enterprise solutions, software, and product development.They combine many years of B2B experience and deep understanding of various technologies with their desire to innovate to bring a breath of fresh air to the blockchain industry.

Having provided professional validator services since the birth of Cosmos-Hub 3, their team utilizes their knowledge and experience in managing software and hardware for institutional clients while ensuring both high availability and security.

“The blockscape validator service has existed since the birth of Cosmos Hub 3 and is run by a group of blockchain enthusiasts with both high availability and the highest level of security to support blockchain projects we believe can change the world. We see Band Protocol becoming a leading oracle solution in the DeFi & decentralized application space and are excited to support them on their journey.”

Marcel Pohland, Founder of Blockscape

Band Jedi Team

The Band Jedi Team node is operated by two committed and long-term supporters of Band Protocol since day one from Netherlands & Germany. Their team also manage the Band Jedi Team Twitter, a highly active BAND community account driving awareness and knowledge of the Band Protocol mission to reliably connect smart contracts to external real-world data and APIs.

The team looks forward to having the Band Protocol community onboard and are extremely excited about what’s to come in the future!

“Band Jedi Team is proud to be one of the first community validators within the BandChain ecosystem. The co-founders together have been voluntarily helping Band Protocol get more recognition & awareness on social media since the beginning of this year using our BandJediTeam Twitter account as well educating newcomers about oracles & Band Protocol in general. Join us to be part of our team!”

Alex, Co-Founder of Band Jedi Team Node

TH Stake Pool

TH Stake Pool is operated by a group of deep technologists with the goal to strengthen decentralized finance starting from fundamentals such as protocol security. The team is based in Thailand and operates with 24/7 monitoring and on-call supervision.

Their nodes are located in dedicated data centers all over the world using only the most secure infrastructures in the industry with fully redundant N+M hosted platforms monitored by several sentry nodes.

“THStakePool envisions a decentralized world of transactions powered by blockchain technology. We are thrilled to have multiple sentry nodes distributed in different geographical regions to support Band Protocol, a project that is designed to power the next generation of blockchain applications in a secure and sustainable manner.”

Narupon Arporntip, Co-Founder of TH Stake Pool

Masternode24

Masternode24 is a staking provider from Germany supporting the top projects largely from the Cosmos & Polkadot ecosystems such as Cosmos, Polkadot, IRISnet, NuCypher, Celo, Plasm, Regen Network, Certik and more!

The team places the highest demands and accountability on themselves to drive maximum security for blockchain projects and transparency for their delegators.

“Masternode24 was founded with the aim of providing professional validating and staking services for projects from the Cosmos and Polkadot ecosystems. Starting two years ago, we started validating blockchain networks that we believe will be in the space for the long run and provide immense value. Now, we have the opportunity to support Band Protocol, an innovative, scalable and efficient oracle solution, as a validator — that makes our team extremely thrilled for what lies ahead!”

Alexander Buterus, Founder of Masternode24

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 roll out 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 and surpassing over 78.79+ million BAND so far! We’re excited to see everyone come together to contribute towards securing and building the Band Protocol decentralized oracle network.

Stay tuned for the third batch of community node spotlights very soon!

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