Horizen’s Latest Addition To Super Nodes — Single Address Staking with Alternate Payout Addresses!
We are excited to announce two new additions to the Horizen ecosystem: Single Address Staking with Alternate Payout Addresses and the new Horizen Stake Verification Tool.
About Our New Releases
Single Address Staking allows multiple stake amounts for multiple nodes to be ‘stacked’ in one ZEN address. Payouts can be split across up to five ZEN addresses, each with a different percentage of the total earnings. This greatly reduces the management required when running multiple nodes!
- Only one stake address is needed instead of one for each node
- The destination address of payouts can be configured, removing the need for batch withdrawal transactions from individual stake addresses
- Total transaction count can be reduced, improving wallet performance
The Stake Verification Tool proves ownership of a transparent stake address for Horizen Super Nodes which is a requirement for Single Address Staking.
Full documentation and guides will be provided soon.
Originally published at https://blog.horizen.io on September 3, 2020.