Easy2Stake to Provide Professional Infrastructure Staking Services for the Elrond Network
Blockchain is a core enabler for the new distributed economy — a layer of transparent and fair financial & technological mechanisms that will replace their centralized counterparts by offering the exact same functionality, but in a trustless manner.
Trusting a third party is replaced by mathematical proofs generated by the very fabric of any distributed layer — its network of computers. Participating with compute resources in a blockchain is one of the many ways of earning money in the new distributed economy.
At Elrond we strive to lower the barrier of entry for our validators so that basic computer skills and entry-level PCs are sufficient to join our network and earn ERD rewards. We however want to make sure that even Elrond supporters without the time or resources to set up their own nodes can put their favorite cryptocurrency to work for them.
Elrond is therefore happy to announce that Easy2Stake will be our genesis partner and will support bootstrapping the Elrond network.
“We have a long history of working with the E2S team. They have proven themselves in the PoS space and there is a solid layer of trust between us. We are excited to have them as launch partners.” said Beniamin Mincu, Elrond CEO
“Adding Elrond to our staking services makes sense for a lot of reasons: the people, the tech, the economics. We’re happy to start this journey alongside our long term partners.” said Liviu, Easy2Stake CEO.
About Elrond
Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
About Easy2Stake
Easy2Stake provides highly available and secure infrastructure for staked assets. The company ensures the highest security standards by mixing bare metal and virtual servers from reliable public cloud providers across different regions. A “zero downtime” goal is supported by a professional monitoring system, 24x7 on-call support, a hot standby site and disaster recovery procedures.
