Disrupting Ways: The Archway Approach

Base-layer blockchains, or Layer 1s, are the bedrock upon which decentralized applications (dApps) are built, enhancing the interoperability among applications on the same L1. Enter Archway, a gateway to the Cosmos ecosystem, standing out as a Layer 1 blockchain that equitably compensates developers for their contributions to the network’s value. Archway positions itself as a catalyst for breakthroughs, empowering developers to forge dApps that augment and extend the capabilities of established models.

While the conventional structure has seen Layer 1s retaining the majority of value generated by their dApps — resulting in robust protocols but lean dApps — Archway challenges this norm. It pioneers a model where developers are directly remunerated for their input to the network’s growth, fostering a mutually beneficial relationship between the network and its dApps. This approach by Archway nurtures a thriving ecosystem where dApps and the underlying protocol thrive together, ensuring a harmonious and productive environment.

Chainode Tech’s Journey: Becoming a Testnet and Mainnet Genesis Validator on Archway

At Chainode Tech, our mission is to identify and support innovative infrastructure projects that advance the decentralized ecosystem and introduce genuine innovation. This commitment led us to Archway, captivating our interest even before its Testnet was launched. Our approach typically involves engaging with networks as a Validator from the early Testnet stages, as these phases are critical for assessing a project’s performance and potential. Following thorough analysis, we decided to participate in Archway’s Incentivized Testnet — Torii. Alongside other Validators, we conducted various stress tests to ensure the network’s readiness for its forthcoming phase of maturity. In July 2023, we became a Genesis Validator on Archway’s Mainnet, and we have been actively validating transactions ever since, contributing to the network’s stability, security and growth.

The Archway Way: Fostering Innovation with Tailored Approaches

Wondering what drew us to embark on Archway’s journey? Let’s explore three unique aspects that particularly captivated us about Archway and its ecosystem.

1. Developer-Centric with Long-Term, Compelling Incentives: Archway introduces a unique model that rewards developers for the usage of their decentralized applications (dApps). This is a significant departure from traditional models where developers might not directly benefit from the success and adoption of their applications post-launch. In Archway’s ecosystem, developers earn a portion of the transaction fees generated by their dApps, encouraging not only the creation of high-quality and useful applications but also ongoing maintenance and improvement.
2. Interoperability within the Cosmos Ecosystem: Being part of the Cosmos ecosystem, Archway benefits from interoperability and scalability through the Inter-Blockchain Communication (IBC) protocol. This allows Archway-based dApps to communicate and transact with other blockchains within the Cosmos network, facilitating a more interconnected and efficient blockchain landscape. This interoperability is crucial for developers looking to reach wider audiences and integrate with various blockchain services seamlessly.
3. Customizable Smart Contracts and User-Friendly Developer Tools: Archway aims to lower the entry barrier for developers by providing advanced, yet user-friendly, tools and resources for building dApps. This includes customizable smart contracts, which can be tailored to the specific needs of a project, and a suite of developer tools designed to simplify the development process. These resources are geared towards enabling developers to focus on innovation and creativity, rather than the complexities of blockchain technology.

Engaging with the Archway Ecosystem: 5 Ways for Community Members and Builders to Get Involved

A hallmark of Archway is its commitment to rewarding developers, but the opportunities extend far beyond this. As a member of the Archway community, there are numerous avenues for involvement and growth alongside the project. These include engaging in grant programs, staking, participating in decentralized finance (DeFi), developing decentralized applications (dApps), among others. Let’s explore some of the ways you can become part of the exciting developments in Archway.

1. Dive Hands-On into the Archway Ecosystem. Are you an enthusiastic innovator with a keen interest in the Archway Ecosystem, including everything from DeFi and Infrastructure to NFTs, Bridges, Dashboards & Analytics, Wallets, and Governance & DAO Tooling? Dive into a world where you can explore and submit projects, connect with fellow trailblazers, and gather unique assets. Contributing is rewarding and simple. Discover more and join the adventure here.
2. Become a Partner of Archway. Are you working on a project that aligns with Archway’s objectives? Collaborating could be the key to mutual growth. You can connect with the Archway team and contribute to expanding the decentralized ecosystem. Get in touch through this form to explore partnership opportunities.
3. Build your dApp on Archway. Should you have the necessary expertise, developing a decentralized application (dApp) on Archway could be among your smartest strategies. Archway stands out for its commitment to directly rewarding developers based on the usage of their dApps, offering tangible benefits to creators. Discover further details here.
4. Join the Archway Staking crew and help Decentralize and Secure the Network. Engaging actively in a Proof of Stake (PoS) network can be as simple as participating in its staking process. Staking allows you to earn rewards by contributing to the security and integrity of the Archway network. To begin staking ARCH, you’ll need to delegate your tokens to a validator. This decision should come after thorough research, ensuring you’re ready and well informed before acquiring ARCH tokens. At Chainode Tech, we pride ourselves on being among the validators that have supported the Archway Network since early Testnet phases, welcoming delegations from those who wish to stake. For the health and decentralization of the network, it’s advisable to spread your stake across multiple high-performing validators who actively contribute to both block production and the network’s overall growth. To aid in this process, we’ve created a comprehensive guide to staking using the Keplr wallet, available here.
5. Join the Area-52 Academy. There is nothing more rewarding than learning. Whether you’re a Rust expert curious about Web3, a blockchain developer ready to explore the Cosmos ecosystem, or a seasoned Cosmonaut looking to deepen your knowledge of CosmWasm, Area-52 provides the resources and community to advance your skills. Dive into the world of building multichain applications through engaging and interactive coding lessons. From mastering CosmWasm and Rust to creating your own decentralized applications (Dapps) and NFTs, Area-52 offers high-quality courses at no cost, open to everyone.

Last but not least, an honorable mention goes to the Archway Grants Program. This program is designed to accelerate the development and adoption of the Archway protocol. Although the deadline for Archway Grants Round 3 has already passed on February 7th, be sure to keep a close eye on similar opportunities in the future.

If you want to stay up-to-date with the latest news and opportunities follow Archway on X, Telegram, Discord, Reddit and Medium.

About Chainode Tech

Founded in early 2019, Chainode Tech is a Web3 infrastructure and service provider based and registered in Zug, Switzerland, focused on bootstrapping innovative Web3 protocols, providing necessary infrastructure and tooling as well as offering staking and validator services on cutting-edge Distributed Ledger Technology (DLT) protocols. Some of the networks joined so far on Mainnet (and since early Testnet phases) are Solana, Sui, Avalanche, The Graph, Wormhole, Celestia, Axelar Network, Archway, Dymension, and more.

The team behind Chainode Tech is extremely motivated and experienced with background in Software & System Engineering, System & Integration Architecture, DevOps, Marketing, Business Growth and Capital Investments. The project is now active on 15+ Mainnet Networks and multiple Testnets while running a robust 25+ Networks RPC infrastructure fleet.

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