BandChain: Community Validator Rollout #3
PHnetwork, PerfectStake, AG Staking Services, Ryabina, Wellstake, HOKUTO
The BandChain Phase 0 mainnet has been live for 15 days with the number of validators reaching 46 active nodes that are now bonding over 80 million BAND tokens (over 80%)! 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 third 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!
Check out community node rollout #1:
Check out community node rollout #2:
PHnetwork
PHnetwork is a validator that was born with the idea of offering the lowest commission rates (up to 0) for your friends, community delegators and partners. Prioritising security, their team have conducted numerous tests during the 60 days of the BandChain Wenchang Testnet until arriving at a stable and secure structure of sentry nodes that can mitigate and minimise attack vectors against their nodes.
“When I first discovered Band Protocol, I was extremely excited to know that anyone and everyone can contribute to a robust decentralized oracle network. That is, Band Protocol takes a decentralization first approach, allowing anyone to permissionlessly participate as a validator that is responsible for the curation of reliable and secure data — this is what makes Band Protocol so attractive for our team. ”
Pedro Monteiro, Founder at PHnetwork
Perfect Stake
Perfect Stake is a sophisticated team headquartered in Ukraine that is qualified and an active validator of the following projects: Celo Mainnet, Solana Mainnet Beta, Plasma and Kusama. They are an international team of crypto enthusiasts and professionals, with 24/7/356 coverage and monitoring, failover control.
Their operations consist of dedicated servers located in the specialized and highly qualified well-known data centers around the world, using only the highly secure networking and role-model infrastructure setups with the full regular back-up using the N + M scheme, controlled by the external independent watchdog services.
Our team’s core value is delivering the maximum reliability and security for the various blockchain projects coupled with the maximum transparency for important and respectful delegators.
“Perfect Stake Team is proud that we’re one of the first validators in the BandChain ecosystem. Band Protocol — is an innovative and scalable oracle platform that combines and connects real data and APIs with the smart contracts. We are confident that Band Protocol will emerge as one of the leading oracle in DeFi and decentralized applications and we are truly excited to be able to support the team along the way”
Andrei Lebedev, Co-founder Perfect Stake
Wellstake
Wellstake is a staking provider from Asia with operations spread across Europe and USA that selectively evaluates and supports the high potential projects such as Band Protocol (Cosmos ecosystem), Credits (Credits blockchain and more which not only offers great economic incentives for staking but has a strong long-term growth focus.
The Wellstake node is operated by Anil and his team, a long-term Band Protocol community member and blockchain enthusiast since 2015.
“We are very much excited and thrilled to support Band Protocol as it is poised to be one of the top leaders in decentralized oracle solutions that will bridge the gap between smart contracts and real-world data. They have one of the best staking use-cases and rewards coupled with long-term growth potential that will create enormous value to the stakeholders. Community nodes like us are very much required to support the core vision of decentralization in a sustainable way and we appeal to the entire Band community to support and stake with Wellstake. Together we will grow, secure the smart contract ecosystem and bring mass adoption one step closer.”
Anil, Co-founder of Wellstake Node.
AG Staking Services
AG Staking Services is a private staking service for investors across all of Europe. Alexander, the founder of AG Staking has 15 years of CTO experience in leading offline companies to achieve the highest uptimes possible and is currently running several mainnets with 0 slashings or decrease of validator scores.
AG Staking have been a Celo validator since the genesis block and also run mainnet nodes on Solana and Kusama. To-date, they also operate nodes on numerous testnets including Plasm, NEAR, Coda, Matic, Spacemesh and Centrifuge.
“Scalable, secure and reliable working oracles solutions are one of the most notable steps in further blockchain adoption and Band Protocol is doing tremendous work to help industry make this step!”
Alexander, Founder of AG Staking Services
Ryabina
Ryabina team are experts in managing large scale infrastructures for p2p networks and high load web services having continued support for leading blockchain networks such as Kusama, Edgeware, Celo, Kava, Plasm Network, Phala Network and Polkadot. Ryabina’s uptime is consistently high while maintaining fees that are low.
“We are absolutely thrilled to join the Band protocol ecosystem because we believe that fully decentralized and scalable oracles are one of the most important components necessary for the development of WEB 3.0. We believe in the Band Protocol team and are happy to support from the beginning of their journey in connecting the decentralized application space with external and real-world data sources.”
Ryabina Team
HOKUTO
The HOKUTO node is operated by Ken Dai, an early-stage Band Protocol supporter and moderator of the Band Thai Supporter Telegram group and very early Band Protocol supporter. Ken is extremely excited to be able to support the Thailand community for Band Protocol while also growing and supporting the decentralized oracle network by participating in the consensus to connect decentralized applications of the future to high-quality data sources.
“Blockchain technology and decentralized applications have the potential to change and improve the world as we know it — it’s extremely important to build a strong foundation below before scaling upwards. As such, Oracles will power and dictate the logic of DApps must be reliable, scalable and completely decentralized like Band Protocol. It’s my pleasure to be supporting the vibrant and rapidly-growing Band Protocol ecosystem and the exciting future to come.”
Ken Dai, Founder of HOKUTO
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 and surpassing over 80+ million BAND bonded so far!
The Band Protocol team continues to work hard on BandChain Phase 1 which will enable oracle functionality and stakers to earn a portion of the data request fees. Stay tuned on our Twitter for our newly introduced bi-weekly technical updates!
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.
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