Chainode Tech joins Avalanche Mainnet as Validator

Chainode Tech
Chainode Tech
Published in
3 min readSep 22, 2020

Zug — Switzerland, 22 September 2020Avalanche Mainnet is LIVE and we are happy to share that Chainode Tech joined the Mainnet as a Validator! This means that from now on, the Avalanche community is able to stake their AVA tokens, contributing at the same time to the security of the AVA Network, and Chainode Tech is all set to accept delegations!

What is Avalanche?

Avalanche is an extremely ambitious, fast, scalable and secure project that has as a main objective building the Internet of Finance: decentralized applications, new financial primitives and interoperable blockchains. Enabling users to create both public and private blockchains, the platform can accommodate thousands to millions of participants and offers, at the same time, the choice for flexibility and customization to its end users.

Through its infrastructure and by design, AVA introduces new standards into the blockchain ecosystem, particularly by being a heterogeneous network of many blockchains and validator sets, unlike the networks that we have been used with until now.

Chainode Tech x Avalanche

Whenever possible, we try to join the networks as a Validator from their early Testnet phases not only in order to support them, but also to get familiarized with the Network itself and bring an active contribution to the successful launch of the Mainnet. This was exactly the case with Avalanche, and by doing so we joined over 900 validator nodes that actively participated in the consensus and block creation in less than a week after the AVA Testnet launch, something that rarely happens in such early Testnet phases.

Chainode Tech joined the incentivized Denali Testnet back in Mai 2020, and successfully completed all 3 Testnet Challenges.

As a continuation of our journey with Avalanche, Chainode Tech registered the following 2 nodes on Mainnet, where you can delegate the AVA tokens:

NodeID-EAKmNx22hqdmNRWS5spygekJNG9vNXMJ6

Fee: 9%

Open delegation capacity at the moment of writing: 39988 AVAX

Status: Registered already for 1 year (max possible time)

NodeID-43Yir8hWgrW3C8kfCNtPSnhWaqgu6ctpx

Fee: 4,5 %

Open delegation capacity at the moment of writing: 8000 AVAX

Status: Registered already for 4 months

We are here for the long run and we believe that the journey as an Avalanche Validator is a marathon. Therefore, we did our thorough analysis and invested in an infrastructure that can sustain a professional grade validator service and secure the network over a long period of time.

As a community focused Validator, we selected the fees as fair to the delegators as possible. We would like to kindly remind our staking crew that the fee should be seen as an investment paid to the Validators, as it is what makes this professional infrastructure and secure node set-up possible.

Below you can find a few resources that might be useful throughout the AVA delegation process:

AVA wallet: https://wallet.avax.network/

How to delegate: https://docs.avascan.info/guide-delegation-avalanche-network/guide-delegation-avax-web-wallet

Delegation FAQ: https://docs.avascan.info/guide-delegation-avalanche-network/faq

We welcome everyone to join our staking crew and delegate to our Validator based on which of the nodes would best suit you. As we are very transparent and treat our delegators as our customers, we would like to invite everyone to join us on the following social platforms where you can have a direct dialog with our team members or simply follow our development journey and latest news:

Telegram: https://t.me/ChainodeTech

Twitter: https://twitter.com/ChainodeTech

About Chainode Tech

Founded in early 2019, Chainode Tech is a young, extremely motivated and experienced team based in Zug, Switzerland, that is focused on providing staking and validator services on cutting edge Distributed Ledger Technology (DLT) protocols. Driven by the motivation of bringing decentralization in the real world and with the experience of getting to know the blockchain space since 2014, the team decided that it was time to get actively involved in the space as Chainode Tech and to vote with their knowledge and services projects that they believe in and see as technically pertinent of growing the decentralized space.

In addition to Avalanche, Chainode Tech is active also on multiple other Testnet and Mainnet networks, such as Solana, Harmony Protocol, ICON Network, KAVA, CertiK or The Graph.

--

--