Viastake joins Elrond as Genesis Launch Partner & Staking Provider

Lucian Mincu
Elrond Network
Published in
3 min readMay 26, 2020

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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 Viastake team has been a constant presence in the validator community. They have created the first un-official set of scripts which a lot of our members used to operate nodes. Their numerous tutorials and guides and hours spent on answering questions and making suggestions have helped Elrond become better.

We are therefore happy to announce that Viastake will extend their development and bootstrapping support beyond the Elrond Mainnet.

Before Viastake, there was Alwin: one of our earliest and biggest supporters. He naturally evolved into a leadership role in the Validators community by helping others out with advice & tutorials. We are happy that he made his passion into a business and we fully trust him & his team to be part of our mainnet launch process.” said Lucian Mincu, Elrond CIO

While participating in the many testnet iterations, Viastake has witnessed how the Elrond project has grown and how committed its team is. Now they, and everyone else, have reached a point where they actually see a sharded architecture on a worldwide public testnet that actually works and delivers on the initial vision for this project.

“Our journey with Elrond started very early. The technology made us curious but the work ethics & transparency we recognized in the team made us stay. From its early stages the project has been all about honesty and hard work. We want Elrond to succeed so we rolled up our sleeves to build some infrastructure for it. We are happy and proud to be part of the Genesis of this new blockchain that is beyond state-of-the-art.” said Alwin Haklander, Founder & CEO Viastake.

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 Viastake

Viastake operates professional blockchain staking infrastructure spread across top-tier data centers located on 7 countries on 3 different continents to provide secure and highly-available nodes to decentralized networks. Customers receive well managed services, monitoring & full transparency at competitive rates. Viastake goes above and beyond to also provide educational material and guidance for the PoS community.

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