Mar 28, 2022
Razor Network Announces InfStones as Network Validator
InfStones joins Razor Network to further strengthen its decentralized Oracle solution
Razor Network welcomes InfStones as the latest partner on its mission to provide reliable, high-quality data streams to DeFi projects in a completely decentralized setting. InfStones’ recognized experience as a validator will guarantee a secured network, ensuring data accuracy and reliability. As a duo of leading solution providers in the blockchain space, this exciting collaboration will allow Razor Network to leverage InfStones’ advanced validation technology to provide a trusted oracle network.
InfStones is a leading Platform as a Service (PaaS) provider connecting institutional clients all over the world across more than 50 major blockchains. As a pillar in blockchain infrastructure solutions, InfStones will work to further bolster Razor’s already-robust validator network. Razor Network is thrilled to join hands with the leading solutions provider to continue building a strong, trusted network of high-end users.
Importance of Razor Network Validators
Validators play a crucial role in the functioning of Razor Network as they are responsible for committing data from various sources to the oracle network. To play the role of a validator, the network participants stake $RAZOR and earn rewards for their contributions. The stake also acts as a security deposit that can be used to penalize rogue validators. Projects utilizing the oracle feed from Razor Network can query any necessary information that a pseudo-randomly assigned validator will fetch. The number of validators directly correlates to the level of decentralization of the network.
Having institutional validators like InfStones with ready-built infrastructure supporting multiple EVM compatible blockchains furnishes Razor Network with scalable data stream provisioning and network monitoring capabilities. The partnership also provides Razor Network with the opportunity to incorporate other InfStones’ offerings like API Gateway to improve the community’s integration experience.
About InfStones
Since its founding in 2018, InfStones has expanded to three countries and two continents, making it the world’s leading blockchain infrastructure provider. InfStones’ core team comprises senior engineers and business leaders from well-known tech and financial companies across the globe.
InfStones is dedicated to bringing down the barriers to connecting with the blockchain, allowing clients to quickly build their applications on a large variety of blockchain networks. Currently, InfStones provides services to institutional clients worldwide, supporting tens of thousands of nodes on over 50 major blockchains.
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About Razor Network
Razor Network is a blockchain agnostic truly decentralized Oracle platform for Decentralized Finance. We are working on next-gen oracle systems. Razor Network is a blockchain agnostic decentralized oracle network focusing on Maximum game-theoretical security, complete decentralization, and fully permissionless.
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