Horizen’s Latest Addition To Super Nodes — Single Address Staking with Alternate Payout Addresses!

Horizen Official
Sep 3 · 1 min read
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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.

Check out our GitHub Readme file for detailed instructions on using the Horizen Stake Verification Tool.

Full documentation and guides will be provided soon.

Originally published at https://blog.horizen.io on September 3, 2020.

Horizen

Horizen is an inclusive ecosystem built on its massively…

Horizen Official

Written by

Horizen is an inclusive ecosystem built on its massively scalable blockchain platform where everyone is empowered and rewarded for their contributions.

Horizen

Horizen

Horizen is an inclusive ecosystem built on its massively scalable blockchain platform where everyone is empowered and rewarded for their contributions.

Horizen Official

Written by

Horizen is an inclusive ecosystem built on its massively scalable blockchain platform where everyone is empowered and rewarded for their contributions.

Horizen

Horizen

Horizen is an inclusive ecosystem built on its massively scalable blockchain platform where everyone is empowered and rewarded for their contributions.

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