Staking Agency joins Elrond as Genesis Launch Partner & Staking Provider
Elrond is ready to provide the internet with the layer of trust it needs, at the speed it requires it. Our technology attracted an important ecosystem of partners and the attention of the crypto space. That is because the hard work of the Elrond team was supported by our community.
The capabilities of the Elrond blockchain are constantly demonstrated on the public testnet operated by a network of enthusiast validators. It started with a small group on Riot and has reached hundreds of members. Their constant support and commitment of time, energy and resources have helped Elrond get to where it is today.
The team behind Staking Agency is led by some of the earliest participants in our public testnets. They have been running nodes, creating scripts and bots to complement the Elrond tools. Most importantly, the security-focused team contributed immensely to Elrond’s anti-fragility.
We are therefore happy to announce that Staking Agency will extend their development and bootstrapping support beyond the Elrond Mainnet.
“Mihai was probably the first outside developer involved with Elrond in a meaningful way. He tested, broke and helped fix a lot of Elrond components. It wouldn’t be wrong to say that he knows Elrond as good as one of our own devs. We trust Staking Agency to hold us accountable to the highest security standards.” said Lucian Mincu, Elrond CIO
The Staking Agency CEO is none other than DrDelphi, the big winner of the two Battle of Nodes incentivized testnet events. Our community will also recognize him as the one who created several Telegram bots to make our crypto lives easier.
He executed a number of attacks on the Elrond network and shared his exploits with the team so we could make Elrond better. By employing white-hat hacking tactics and procedures he revealed more than 30 vulnerabilities in our protocol and helped us fix them. Mihai also created tools & bots to support the staking process, validator monitoring, community management and more.
“I closely studied all the tech of all the projects that want to build scalable smart contract execution platforms before settling on Elrond. In addition to the tech I found exceptional developers whose ingenuity & execution capabilities are far beyond what I’ve seen in the space. I took it as a personal challenge to help as much as I can, and I still do.” said Mihai “DrDelphi” Barca, CEO Staking Agency
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 Staking Agency
Staking Agency runs blockchain-specific infrastructure in highly secured data centers, with a core team of security experts. The firm’s versatile capabilities come from a long experience of operating Proof of Work and Proof of Stake systems for themselves and other customers. Staking Agency packages delegation services with value-add services for customers and partner ecosystems alike, such as customized monitoring, global dashboards, a rich knowledge base and direct guidance.
