<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:cc="http://cyber.law.harvard.edu/rss/creativeCommonsRssModule.html">
    <channel>
        <title><![CDATA[01node - Medium]]></title>
        <description><![CDATA[Highly skilled and dedicated team with decades of experience in the fields of software development, highly available IT infrastructure, cryptography and financial services. - Medium]]></description>
        <link>https://medium.com/01node?source=rss----be9df788501---4</link>
        <image>
            <url>https://cdn-images-1.medium.com/proxy/1*TGH72Nnw24QL3iV9IOm4VA.png</url>
            <title>01node - Medium</title>
            <link>https://medium.com/01node?source=rss----be9df788501---4</link>
        </image>
        <generator>Medium</generator>
        <lastBuildDate>Fri, 05 Jun 2026 00:31:15 GMT</lastBuildDate>
        <atom:link href="https://medium.com/feed/01node" rel="self" type="application/rss+xml"/>
        <webMaster><![CDATA[yourfriends@medium.com]]></webMaster>
        <atom:link href="http://medium.superfeedr.com" rel="hub"/>
        <item>
            <title><![CDATA[A Step Guide on Restaking Ethereum through EigenLayer AVS]]></title>
            <link>https://medium.com/01node/a-step-guide-on-restaking-ethereum-through-eigenlayer-avs-297940534bdd?source=rss----be9df788501---4</link>
            <guid isPermaLink="false">https://medium.com/p/297940534bdd</guid>
            <category><![CDATA[staking]]></category>
            <category><![CDATA[eigenlayer-avs]]></category>
            <category><![CDATA[restaking]]></category>
            <category><![CDATA[01node]]></category>
            <category><![CDATA[staking-guide]]></category>
            <dc:creator><![CDATA[Eva@01node]]></dc:creator>
            <pubDate>Fri, 17 May 2024 10:49:45 GMT</pubDate>
            <atom:updated>2024-05-17T10:49:44.989Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*YNZPgNoIYbgFrOJEgLlzeg.jpeg" /></figure><p>Last month, we proudly announced our partnership with 10 AVS as node operators during their mainnet launch. These esteemed partners include AltLayer, Xterio, WitnessChain, Eoracle, Omni, Brevis, Lagrange, and EigenDA.</p><h3>EigenLayer: The Restaking Collection</h3><p>EigenLayer is a set of smart contracts on Ethereum that allows consensus layer Ether (ETH) stakers to opt in to validating new software modules built on top of the Ethereum ecosystem. Stakers opt in by granting the EigenLayer smart contracts the ability to impose additional slashing conditions on their staked ETH, allowing an exten- sion of cryptoeconomic security.</p><p>By opting in to EigenLayer, stakers can validate for many types of modules including consensus protocols, data availability layers, virtual machines, keeper networks, oracle networks, bridges, threshold cryptography schemes, and trusted execution environments.</p><p>In- stead of fragmenting security between modules, EigenLayer aggregates ETH security across all of them. This increases the security of the decentralized applications (DApps) that rely on the modules. In addition, holders of Ether can pursue additional value through the new fee-generating opportuni- ties from these manifold modules.</p><h3>Actively Validated Services (AVS)</h3><p>AVSs are blockchain-based applications that operate outside the Ethereum Virtual Machine (EVM). They include layer-2 chains, data availability layers, sequencers, dApps, cross-chain bridges, and virtual machines, offering diverse utilities to the blockchain ecosystem. AVSs use decentralized consensus mechanisms like PoS or Proof of Work (PoW) for transaction validation. The key difference is that they handle consensus independently, rather than relying on Ethereum’s consensus layer.</p><p>Previously, AVSs had to establish their consensus mechanisms, leading to vulnerabilities due to the smaller size of validator pools and stakes compared to larger networks like Ethereum. This isolation made them susceptible to attacks and exploits.</p><p>AVSs on EigenLayer can leverage Ethereum’s security and decentralization capabilities. By deploying on EigenLayer, these services bypass the need to set up independent validation mechanisms.</p><h3>EigenLayer Addresses Key Challenges within the AVS Ecosystem</h3><ol><li><strong>Foundational Principles of the New AVS</strong>: The revamped AVS benefits from enhanced security derived from a diverse pool of validators within the Ethereum network.</li><li><strong>Capital Efficiency</strong>: ETH stakers can leverage their capital across multiple services, thereby minimizing their cost of capital. Notably, joining EigenLayer incurs minimal marginal costs for local ETH stakers, potentially reducing them to zero in scenarios where the risk of honest nodes being compromised is negligible.</li><li><strong>Trust Enhancement</strong>: Through restaking a larger pool of capital, EigenLayer bolsters the trust model. In EigenLayer’s framework, where all L1 stakes are redirected to three AVS modules, the cost of corrupt DApps is mitigated by the total staked amount on L1. Additionally, EigenLayer amplifies the value proposition of AVS modules, effectively increasing the total staked amount on L1 to $13 billion, thereby substantially raising the cost of corruption.</li><li><strong>Value Augmentation</strong>: EigenLayer introduces various revenue streams for ETH stakers, reinforcing the ecosystem’s network effects and enhancing overall security within the AVS ecosystem.</li></ol><h3>EigenLayer supports multiple staking modes</h3><p>EigenLayer provides a variety of staking methods similar to Lido’s Liquid Staking and Superfluid Staking. Superfluid Staking can allow LP’s staking, specifically: direct staking, which will be staked on Ethereum. The ETH on is directly staked to EigenLayer; LSD staking, the assets that have been staked in Lido or Rocket Pool are staked to EigenLayer again; ETH LP staking, the LP Token staked in the DeFi protocol is staked to EigenLayer again; LSD LP staking, For example, Curve’s stETH-ETH and other LPTokens are staked to EigenLayer again.</p><h3>A Comprehensive Guide to Restaking Ethereum via EigenLayer to 01node</h3><iframe src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2Folbeh2EK4Jo%3Ffeature%3Doembed&amp;display_name=YouTube&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3Dolbeh2EK4Jo&amp;image=https%3A%2F%2Fi.ytimg.com%2Fvi%2Folbeh2EK4Jo%2Fhqdefault.jpg&amp;key=a19fcc184b9711e1b4764040d3dc5c07&amp;type=text%2Fhtml&amp;schema=youtube" width="854" height="480" frameborder="0" scrolling="no"><a href="https://medium.com/media/3ec0e2a6441a171e107d4bc22f0d18b0/href">https://medium.com/media/3ec0e2a6441a171e107d4bc22f0d18b0/href</a></iframe><iframe src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2Fcp2r2NcyoxQ%3Ffeature%3Doembed&amp;display_name=YouTube&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3Dcp2r2NcyoxQ&amp;image=https%3A%2F%2Fi.ytimg.com%2Fvi%2Fcp2r2NcyoxQ%2Fhqdefault.jpg&amp;key=a19fcc184b9711e1b4764040d3dc5c07&amp;type=text%2Fhtml&amp;schema=youtube" width="854" height="480" frameborder="0" scrolling="no"><a href="https://medium.com/media/8c49c0d3e91e09ba25a58de3e9beb981/href">https://medium.com/media/8c49c0d3e91e09ba25a58de3e9beb981/href</a></iframe><iframe src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2FLR9Tu1vXYkE%3Ffeature%3Doembed&amp;display_name=YouTube&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DLR9Tu1vXYkE&amp;image=https%3A%2F%2Fi.ytimg.com%2Fvi%2FLR9Tu1vXYkE%2Fhqdefault.jpg&amp;key=a19fcc184b9711e1b4764040d3dc5c07&amp;type=text%2Fhtml&amp;schema=youtube" width="854" height="480" frameborder="0" scrolling="no"><a href="https://medium.com/media/fb054c33b1ead9825c71733360d53a16/href">https://medium.com/media/fb054c33b1ead9825c71733360d53a16/href</a></iframe><iframe src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2FUY9B-dB1rTg&amp;display_name=YouTube&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DUY9B-dB1rTg&amp;image=http%3A%2F%2Fi.ytimg.com%2Fvi%2FUY9B-dB1rTg%2Fhqdefault.jpg&amp;key=a19fcc184b9711e1b4764040d3dc5c07&amp;type=text%2Fhtml&amp;schema=youtube" width="854" height="480" frameborder="0" scrolling="no"><a href="https://medium.com/media/7c4d7b9763548494d0335ed4e16caf04/href">https://medium.com/media/7c4d7b9763548494d0335ed4e16caf04/href</a></iframe><h3>Conclusion</h3><p>In conclusion, the process of restaking Ethereum via EigenLayer to 01node offers a seamless and efficient way to optimize your holdings within the Ethereum ecosystem. By following the step-by-step guide outlined above, users can easily transition their assets, participate in liquid staking, and contribute to the security and growth of the AVS ecosystem.</p><p>With EigenLayer’s user-friendly interface and robust platform, investors can rest assured that their assets are well-managed and positioned for potential rewards. Embrace the power of EigenLayer and 01node to maximize the benefits of your Ethereum holdings while contributing to the decentralization and security of the blockchain network.</p><h3>About 01node</h3><p>We are a pioneering force in the web3 field, because we are revolutionizing the validation and staking experience, prioritizing security, integrity and transparency. By seamlessly integrating state-of-the-art technologies and adopting a user-centered design philosophy, we ensure accessibility and efficiency in every partnership. Our commitment to simplicity, industry-leading security and comprehensive support for a wide range of digital assets redefines industry standards.</p><p>Trusted by over 100,000 users on over 40 networks. We have experience running Validator-as-a-service, RPC nodes since 2019 and time-tested infrastructure as a node operator. Our track record shows this reliability, we prioritize security and ensure best practices for every service we offer. We aim to provide the best performance and reliability through our physical infrastructure located in Tier 3 data centers. Our services are supported by a sophisticated technical infrastructure 24/7 customer support and a team of highly qualified professionals. qualification.</p><p>Follow 01node for news or questions and proposals. Also, to benefit from the partnership between 01node and EigenLayer, we invite you to join our community.</p><p><strong>01node: </strong><a href="https://linktr.ee/01node">Ours social media</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=297940534bdd" width="1" height="1" alt=""><hr><p><a href="https://medium.com/01node/a-step-guide-on-restaking-ethereum-through-eigenlayer-avs-297940534bdd">A Step Guide on Restaking Ethereum through EigenLayer AVS</a> was originally published in <a href="https://medium.com/01node">01node</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[We are excited to share the news of our collaboration with Seda Chain as a genesis validator in…]]></title>
            <link>https://medium.com/01node/we-are-excited-to-share-the-news-of-our-collaboration-with-seda-chain-as-a-genesis-validator-in-53acc5af88f3?source=rss----be9df788501---4</link>
            <guid isPermaLink="false">https://medium.com/p/53acc5af88f3</guid>
            <category><![CDATA[oev]]></category>
            <category><![CDATA[sedachain]]></category>
            <category><![CDATA[modulardatalayer]]></category>
            <category><![CDATA[proof-of-stake]]></category>
            <category><![CDATA[cosmos]]></category>
            <dc:creator><![CDATA[Eva@01node]]></dc:creator>
            <pubDate>Mon, 29 Apr 2024 08:34:32 GMT</pubDate>
            <atom:updated>2024-04-29T08:34:32.434Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*xVNFk_qPQVvqjLF27WQtsQ.jpeg" /></figure><p>We are excited to share the news of our collaboration with Seda Chain as a genesis validator in their mainnet launch today. Building upon our exploration of modular blockchains and their functionalities in previous articles, we now turn our focus to Seda Blockchain — a modular platform with a distinct emphasis on data availability.</p><h3>Introducing SEDA Blockchain</h3><p>SEDA is a layer one network, designed to facilitate permissionless data flow across diverse networks. In tackling the prevalent risks of centralization and failure associated with off-chain data access, SEDA emerges as a necessary building block for shaping a modular, purpose-driven future for layer one and layer two networks. SEDA is the foundation for data in web3.</p><p>Going beyond the conventional notion of an oracle, SEDA establishes itself as a comprehensive data transmission and computation network, fostering a permissionless environment for developers to deploy data feeds. With its fully modular interface, developers wield the power to dictate data retrieval methods and computation procedures, ensuring seamless integration into their networks and smart contracts.</p><h3>The Components of SEDA Network</h3><p>The SEDA Network encompasses:</p><ul><li><strong>The SEDA Chain</strong>: Serving as the backbone for settlement and data storage distribution.</li><li><strong>The Overlay Network</strong>: A Multi-Party Computation (MPC) network responsible for data querying and computation.</li><li><strong>Solvers</strong>: Entities facilitating new data requests to the SEDA Chain and delivering results to destination chains.</li><li><strong>Data Providers</strong>: Private entities plugging into the SEDA Network to supply data.</li></ul><p>Backed by robust security measures akin to leading layer one networks, the SEDA Chain and Overlay Network leverage game theory, cryptography, and strong backstops to ensure secure operations. Notably, SEDA eliminates the need for trusted authorities within the network through meticulously designed economic incentives, allowing any entity to validate, relay, request, and supply data.</p><h3>Key Features of SEDA Chain</h3><ul><li><strong>Multi-Chain Native</strong>: SEDA ensures shared security across all destination networks, eliminating the need for native oracle deployments to each network.</li><li><strong>Fast and Scalable</strong>: Efficiency hinges on Time To Finality (TTF), and SEDA minimizes on-chain operations without compromising security by executing data requests off-chain and in parallel.</li><li><strong>Proof-of-Stake for Data Provision</strong>: SEDA secures data using heavily battle-tested algorithms, basing its security on Proof-of-Stake (PoS) and leveraging the Cosmos SDK.</li><li><strong>Permissionless</strong>: Structured as a fully permissionless network, SEDA welcomes all stakeholders to participate seamlessly.</li><li><strong>Highly Programmable</strong>: Developers can tailor data requests to fetch and aggregate data from any source to suit their specific requirements.</li><li><strong>Forkless Upgrades</strong>: Coordinated, forkless consensus upgrades keep the network updated, decided upon by the community via decentralized governance.</li><li><strong>Decentralized Governance</strong>: Every SEDA token holder actively engages in shaping the network’s future through proposal creation and voting.</li><li><strong>Oracle Extractable Value (OEV)</strong>: Establishes an additional revenue stream accurately pricing data provided by the system and data providers to various networks.</li></ul><h3>SEDA’s Architecture</h3><p>SEDA’s design enables seamless data transmission from any source to any destination blockchain network. The SEDA Network comprises modular components such as settlement, compute, relay, consumer, and data provision.</p><h3>The SEDA Token</h3><p>The SEDA Token (formerly Flux Token) serves governance, participation, and network utilization purposes, enabling token holders to actively engage in network operations, utilize data, and contribute to governance decisions.</p><ul><li><strong>Participation</strong>: Token holders actively engage in the SEDA Network by staking their SEDA tokens. They have the option to either run their own validator node or delegate tokens to a professional node operator. The network participants encompass Validators, Solvers, and Data Request Executors (DRES). Incentives for participation may include fee payments, token staking rewards, or token distribution through creation events.</li><li><strong>Network Utilization</strong>: Utilizing the SEDA Network involves querying its data and utilizing the supplied information. Data consumers issuing data requests lock a certain value, which solvers can claim upon bridging the data request outcome back to the destination network. To initiate a data request on the SEDA Network, the solver burns a designated amount of SEDA Tokens. The number of tokens burned corresponds to the complexity of the data request issued.</li><li><strong>Governance</strong>: Token holders wield governance control over the SEDA Network. They have the authority to propose and vote on network changes, ranging from consensus updates to alterations in network parameters such as token creation and fees. This decentralized governance structure ensures active participation and inclusivity among network stakeholders.</li></ul><h3>Conclusion</h3><p>SEDA Blockchain heralds a new era of decentralized data transmission, offering unparalleled security, scalability, and programmability. Stay tuned as we delve deeper into the innovative capabilities and limitless potential of SEDA in shaping the future of decentralized networks.</p><h3>About 01node</h3><p>We are a pioneering force in the web3 field, because we are revolutionizing the validation and staking experience, prioritizing security, integrity and transparency. By seamlessly integrating state-of-the-art technologies and adopting a user-centered design philosophy, we ensure accessibility and efficiency in every partnership. Our commitment to simplicity, industry-leading security and comprehensive support for a wide range of digital assets redefines industry standards.</p><p>Trusted by over 100,000 users on over 40 networks. We have experience running Validator-as-a-service, RPC nodes since 2019 and time-tested infrastructure as a node operator. Our track record shows this reliability, we prioritize security and ensure best practices for every service we offer. We aim to provide the best performance and reliability through our physical infrastructure located in Tier 3 data centers. Our services are supported by a sophisticated technical infrastructure 24/7 customer support and a team of highly qualified professionals. qualification.</p><p>Follow 01node for news or questions and proposals. Also, to benefit from the partnership between 01node and EigenLayer, we invite you to join our community.</p><p><strong>01node: </strong><a href="https://linktr.ee/01node">Ours social media</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=53acc5af88f3" width="1" height="1" alt=""><hr><p><a href="https://medium.com/01node/we-are-excited-to-share-the-news-of-our-collaboration-with-seda-chain-as-a-genesis-validator-in-53acc5af88f3">We are excited to share the news of our collaboration with Seda Chain as a genesis validator in…</a> was originally published in <a href="https://medium.com/01node">01node</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[Eigen Layer and Actively validated Services (AVS)]]></title>
            <link>https://medium.com/01node/eigen-layer-and-actively-validated-services-avs-7ab12f5ad599?source=rss----be9df788501---4</link>
            <guid isPermaLink="false">https://medium.com/p/7ab12f5ad599</guid>
            <category><![CDATA[eigenlayer]]></category>
            <category><![CDATA[activelyvalidatedservices]]></category>
            <category><![CDATA[mainnet]]></category>
            <category><![CDATA[validator-node]]></category>
            <category><![CDATA[staking]]></category>
            <dc:creator><![CDATA[Eva@01node]]></dc:creator>
            <pubDate>Wed, 24 Apr 2024 10:50:06 GMT</pubDate>
            <atom:updated>2024-04-24T10:48:49.231Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*hlXb-Eo4wO5vUubM7dKrdA.jpeg" /></figure><p>Eigen Layer recently launched its actively validated services (AVS) mainnet. We are proud to announce that we have joined 7 of the AVS launched, namely AltLayer, Xterio, WitnessChain, Eoracle, Brevis, Lagrange, and EigenDA.</p><h3>What does EigenLayer do?</h3><p>Eigen Layer is a protocol built on Ethereum that introduces restaking, a novel feature in cryptoeconomic security. This feature enables the reuse of ETH on the consensus layer. Users who stake ETH natively or with a liquid staking token (LST) can opt-in to Eigen Layer smart contracts to restake their ETH or LST and extend cryptoeconomic security to additional applications on the network to earn additional rewards.</p><h3>Actively Validated Services (AVS)</h3><p>An AVS is any system that requires its own distributed validation semantics for verification, such as sidechains, data availability layers, new virtual machines, keeper networks, oracle networks, bridges, threshold cryptography schemes, trusted execution environments, and more.</p><p>Each AVS has its own set of contracts that hold state relevant to the service’s functionality, such as what operators are running the service and how much stake is securing the service.</p><p>AVSs are actively validated services — middleware, services, chains, networks, and PoS systems — secured by EigenLayer restakers and run by EigenLayer operators.</p><h3>AltLayer</h3><p>AltLayer is a decentralized protocol that facilitates the launch of native and restaked rollups with both optimistic and zk rollup stacks. AltLayer uses MACH for fast finality.</p><p><strong>MACH for Faster Finality</strong></p><p>To address the slow finality of rollups, a fast finality layer for Ethereum rollups with the following key desiderata:</p><ol><li><strong>Fast confirmation for rollup transactions</strong></li><li><strong>Crypto-economic security to handle any malicious network participants</strong></li><li><strong>Support for both ZK as well as optimistic rollups</strong></li><li><strong>Generic enough to support different proof systems and runtimes</strong></li></ol><p>In order to guarantee finality, MACH as a network needs to verify the validity of a rollup state to ensure that the rollup operators have followed the state transition function correctly.</p><h3>Xterio’s MACH AVS</h3><p>Similar to AltLayer MACH, Xterio MACH is a fast finality AVS that serves the Xterio rollup — a gaming-tailored OP Stack rollup. Xterio MACH is, therefore, an instance of an AVS set up for an app-specific rollup. Xterio’s MACH AVS will validate rollup blocks produced by the Xterio chain and serve as its fast finality layer.</p><h3>Witness Chain’s DEPIN Coordination Layer AVS</h3><p>Witness Chain is the coordination layer to unify DePIN economies. EigenLayer infrastructure can now be utilized to achieve consensus on the physical state — evolving DePINs to a new era.</p><p>Witness Chain’s DePIN Coordination Layer unlocks a shared economy of integrated physical assets — enabling new economic instruments to be built on top of DePINs.</p><p>Foundational proof systems, including Proof-of-Location and Proof-of-Bandwidth, introduce decentralized verification to essential attributes of physical networks.</p><p>The DePIN Coordination Layer enables:</p><ul><li>Additional security with access to dual-staking</li><li>A platform for DApp builders to build DeFi for physical assets</li><li>Discoverability and composability with other DePINs</li></ul><p>The Rollup Watchtower Network is now live as Witness Chain’s in-house DePIN. This network is the first line of defense for rollups, ensuring that operators actively validate transactions on a Rollup and detect any fraudulent execution. This network implements the Proof-of-Diligence (PoD) protocol, which requires watchtowers to continuously provide proof that they have verified L2 assertions and get rewarded for the same. Proof of Diligence protocol includes a carefully-designed incentive mechanism that is provably secure when watchtowers are rational actors, under a mild rational independence assumption.</p><h3>Eoracle</h3><p>Addressing one of the largest markets in the blockchain industry, Eoracle stands as the Actively Validated Oracle network. Designed as a modular and programmable data layer, Eoracle is backed by restaked ETH and the decentralized network of Ethereum validators.</p><p>This approach revolutionizes the oracle space by extending Ethereum’s core principles: permissionless participation, decentralized ownership, and cryptoeconomic security to establish the next generation oracle network via a credibly neutral marketplace for data and computation across all Ethereum rollups.</p><h3>Brevis’ ZK Coprocessor</h3><p>Brevis is a smart Zero-Knowledge (ZK) Coprocessor that empowers smart contracts to read from and utilize the full historical on-chain data from any chain and run customizable computations in a completely trust-free way. Brevis enables exciting new use cases such as data-driven DeFi, trust-free Active Liquidity Management solutions, autonomous intent framework, ZK Reputation, dApp UX personalization, ZK Bridge, and more.</p><p>Initially, Brevis operated only a “pure-ZK” model, wherein ZK proofs are always generated upfront and verified on-chain before coprocessing results can be used. While the pure-ZK model provides simplicity and a trustless framework, many dApps seek a more flexible solution that can be cost-effective across different scenarios based on the value and time sensitivity of a request while still ensuring security through robust ZK guarantees.</p><p>To meet this demand, Brevis introduced the coChain AVS powered by EigenLayer’s restaking quorums, marking the beginning of a novel ZK Coprocessor architecture that **combines the strengths of crypto-economic security and ZK fraud proof**. Upon receiving a request, the Brevis coChain first produces crypto-economically secured coprocessing “proposals,” which are open to “challenges” through ZK fraud proofs. In the majority of cases where challenges are not initiated, the results can be used directly in smart contracts without incurring steep costs associated with ZK proof generation and verification. Beyond significant cost savings, the introduction of the coChain AVS also supports essential features like proof of non-existence and proof of completeness, which were difficult to attain in a pure-ZK framework.</p><h3>Lagrange State Committees</h3><p>The Lagrange’s State Committee network is a ZK light client for optimistic rollups that settles on Ethereum, powered by Lagrange’s ZK Coprocessor. By combining Lagrange State Committees with EigenLayer, we are creating a zone of shared security that any interoperability protocol or dApp can leverage without incurring high operational overhead. Compared to other cross-chain interoperability solutions, such as permissioned validation or bonded staking/slashing, which come with issues related to risk stacking, low latency, and price volatility, State Committees and restaking through EigenLayer offer an optimal balance of <strong>robust shared security, trust minimization, and decentralization along with cost efficiency</strong>.</p><p><strong>How Lagrange State Committees Work</strong></p><p>Each Lagrange State Committee consists of a group of client nodes that have restaked on Ethereum via EigenLayer. Each Lagrange State Committee node independently attests to the finality of the state of an optimistic rollup once the transactions are finalized on a Data Availability (DA) layer. Lagrange’s ZK Coprocessor can then be used to generate a ZK state proof, which applications can treat as the source of truth for the state of the given optimistic rollup. While inspired by Ethereum’s Sync Committee, a Lagrange State Committee is not limited by the number of nodes, so it offers <strong>super-linear security</strong> by dynamically scaling the number of nodes verifying the state of an optimistic rollup as capital grows. They are also chain-agnostic, so can be added onto existing interoperability protocols as an additional layer of security.</p><h3>EigenDA</h3><p>EigenDA is a secure, high throughput, and decentralized data availability (DA) service built on top of Ethereum using the EigenLayer restaking primitive. Developed by EigenLabs, EigenDA is the first actively validated service (AVS) to launch on EigenLayer. Restakers are able to delegate stake to node operators performing validation tasks for EigenDA in exchange for service payments, and rollups will be able to post data to EigenDA in order to access lower transaction costs, higher transaction throughput, and secure composability across the EigenLayer ecosystem, with security and throughput designed to horizontally scale with the amount of restake and operators opted into servicing the protocol.</p><h3>In conclusion</h3><p>EigenLayer’s launch of its actively validated services (AVS) mainnet represents a significant advancement in the cryptoeconomic security and decentralized infrastructure. Through a diverse range of AVS offerings, EigenLayer is pioneering innovative solutions to address key challenges in the blockchain space. By leveraging its restaking primitive and fostering collaboration between restakers and operators, EigenLayer is creating a robust ecosystem where developers and users can engage with confidence. As EigenLayer continues to expand its AVS ecosystem, it is poised to drive forward the boundaries of decentralized technology, ushering in a new phase of security, scalability, and interoperability for the blockchain ecosystem.</p><h3>About 01node</h3><p>We are a pioneering force in the web3 field, because we are revolutionizing the validation and staking experience, prioritizing security, integrity and transparency. By seamlessly integrating state-of-the-art technologies and adopting a user-centered design philosophy, we ensure accessibility and efficiency in every partnership. Our commitment to simplicity, industry-leading security and comprehensive support for a wide range of digital assets redefines industry standards.</p><p>Trusted by over 100,000 users on over 40 networks. We have experience running Validator-as-a-service, RPC nodes since 2019 and time-tested infrastructure as a node operator. Our track record shows this reliability, we prioritize security and ensure best practices for every service we offer. We aim to provide the best performance and reliability through our physical infrastructure located in Tier 3 data centers. Our services are supported by a sophisticated technical infrastructure 24/7 customer support and a team of highly qualified professionals. qualification.</p><p>Follow 01node for news or questions and proposals. Also, to benefit from the partnership between 01node and EigenLayer, we invite you to join our community.</p><p><strong>01node: </strong><a href="https://linktr.ee/01node">Ours social media</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=7ab12f5ad599" width="1" height="1" alt=""><hr><p><a href="https://medium.com/01node/eigen-layer-and-actively-validated-services-avs-7ab12f5ad599">Eigen Layer and Actively validated Services (AVS)</a> was originally published in <a href="https://medium.com/01node">01node</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[MultiversX: The Internet Scale Blockchain]]></title>
            <link>https://medium.com/01node/multiversx-the-internet-scale-blockchain-f982c9c673d6?source=rss----be9df788501---4</link>
            <guid isPermaLink="false">https://medium.com/p/f982c9c673d6</guid>
            <category><![CDATA[elrond]]></category>
            <category><![CDATA[proof-of-stake]]></category>
            <category><![CDATA[egold]]></category>
            <category><![CDATA[multiversx]]></category>
            <category><![CDATA[blockchain]]></category>
            <dc:creator><![CDATA[Eva@01node]]></dc:creator>
            <pubDate>Mon, 22 Apr 2024 07:48:12 GMT</pubDate>
            <atom:updated>2024-04-22T07:48:11.979Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*zp--vrxYVR5UT-1vyajkpg.jpeg" /></figure><p>01node is proud to announce that we joined multiversX as a node operator. MultiversX is a distributed blockchain network for next-gen applications. Decentralized via 3,000+ nodes, scalable through sharding, fast, secure &amp; green.</p><h3>MultiversX: A Brief History</h3><p>MultiversX, previously known as Elrond, has been making waves in the blockchain world since its inception in 2017. Founded by Lucian and Benjamin Mincu alongside Lucian Todea, the project’s primary focus has always been scalability without compromising on security or transparency.</p><p>The journey began with the rapid rise of the ERD token, experiencing a staggering 5,000% surge in value within four months by early 2020. This success paved the way for the launch of the Elrond mainnet in July 2020, marking a significant milestone in the project’s evolution.</p><p>In September 2020, Elrond underwent transformative changes. The ERD token transitioned into eGLD (eGold), the native cryptocurrency of the Elrond blockchain. This shift, along with a redenomination that reduced the total token supply from 20 billion ERD tokens to 25 million eGLD tokens, was met with enthusiasm, resulting in a remarkable increase in the eGLD token’s value.</p><p>November 2022 saw another pivotal moment for Elrond as it transitioned into MultiversX, signaling continued growth and innovation within the blockchain space.</p><h3>Understanding MultiversX</h3><p>MultiversX stands out as a distributed transactional computation protocol that operates on a sharded state architecture and a secure Proof of Stake consensus mechanism. Unlike many other blockchain networks that demand specialized hardware and consume excessive energy, MultiversX functions efficiently on standard computers.</p><p>Utilizing sharding, MultiversX enhances its performance by distributing tasks across a network of computers. As more computers join the network, its capacity increases, with transaction speeds surpassing 100,000 transactions per second, all while maintaining decentralization.</p><p><strong>Key Achievement of MultiversX:</strong></p><ul><li>First live blockchain with state sharding.</li><li>Boasts 15,000 transactions per second, scalable beyond 100k TPS, with a latency of 6 seconds and minimal transaction fees ($0.001/transaction).</li><li>Offers the xPortal App for buying, storing, earning, and transacting with eGLD, BTC, ETH, and BNB.</li><li>Supports smart contracts, staking, delegation, and token creation.</li><li>Has undergone rigorous audits from Trial of Bits and other reputable firms.</li></ul><h3>How MultiversX scales</h3><p>MultiversX is the first network to offer a comprehensive solution to all three facets of sharding — state, network, and transactions — simultaneously. Coupled with its “Adaptive” component, this innovative architecture ensures dynamic network configuration, maintaining high security levels while seamlessly scaling to meet growing demand.</p><p>In addition to sharding, MultiversX addresses the consensus problem through Secure Proof of Stake (SPoS), offering enhanced security compared to Proof of Work while enabling high throughput and rapid execution.</p><p>By tackling some of the most challenging consensus and sharding issues in the blockchain space, MultiversX delivers exceptional performance on a network powered by standard computers, resulting in minimal transaction costs. Moreover, MultiversX distinguishes itself through its developer-friendly environment and enhanced usability for end-users.</p><h3>Secure Proof of Stake</h3><p>MultiversX employs Secure Proof of Stake (SPoS) for consensus, revolutionizing validator selection and consensus processes.</p><p>Here’s how it works:</p><ul><li>SPoS selects validators for consensus at the start of each round using a randomness source derived from the previous block, preventing predictability and manipulation.</li><li>In each round, a consensus group is chosen to propose a block, with one validator designated as the block proposer based on a predetermined hash value.</li><li>The efficiency of SPoS lies in its deterministic consensus selection, ensuring swift round times and bolstering security against malicious actors.</li></ul><h3>Adaptive State Sharding</h3><p>Sharding, originally utilized in databases, serves as a scaling technique in blockchain networks. MultiversX implements state sharding, where each shard maintains a portion of the network’s state. This approach allows for parallel processing of transactions and increased throughput. MultiversX’s sharding approach is designed to balance efficiency, security, and decentralization.</p><h3>MultiversX’s Sharding Goals</h3><p>MultiversX’s sharding approach is meticulously crafted to achieve scalability, fast dispatching, instant traceability, efficiency, and adaptability. It aims to balance these goals while maintaining network availability and security.</p><ol><li><strong>Scalability without affecting availability</strong>, which requires that increasing or decreasing the number of shards should only affect a negligibly small vicinity of nodes without causing down-times, or minimizing them while updating states.</li><li><strong>Fast dispatching and instant traceability</strong>, which requires that computing the destination shard of a transaction must be deterministic and also trivial to calculate, eliminating the need for communication rounds.</li><li><strong>Efficiency and adaptability</strong>, which requires that the shards should be as balanced as possible at any given time.</li></ol><h3>In Conclusion</h3><p>MultiversX embodies Elrond’s commitment to innovation in the blockchain ecosystem. To explore more about MultiversX, visit <a href="https://multiversx.com/">multiversx.com</a>.</p><p><strong>Stay Connected for Updates:</strong> Follow us on <a href="https://twitter.com/01node">Twitter</a> | <a href="https://www.linkedin.com/company/01node/">Connect on LinkedIn</a> | <a href="https://t.me/node01">Join our Telegram</a> | <a href="https://www.instagram.com/01node/">Explore on Instagram</a></p><p>Stay informed about the latest insights and updates in the blockchain space by connecting with us on social media. As a staking provider and validator, we’re dedicated to sharing valuable information to enrich your blockchain experience.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=f982c9c673d6" width="1" height="1" alt=""><hr><p><a href="https://medium.com/01node/multiversx-the-internet-scale-blockchain-f982c9c673d6">MultiversX: The Internet Scale Blockchain</a> was originally published in <a href="https://medium.com/01node">01node</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[Cross Finance: The Future of Payment]]></title>
            <link>https://medium.com/01node/cross-finance-the-future-of-payment-8fadc3cc8675?source=rss----be9df788501---4</link>
            <guid isPermaLink="false">https://medium.com/p/8fadc3cc8675</guid>
            <category><![CDATA[evm-compatibility]]></category>
            <category><![CDATA[cosmos-sdk]]></category>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[crossfinance]]></category>
            <category><![CDATA[defi]]></category>
            <dc:creator><![CDATA[Eva@01node]]></dc:creator>
            <pubDate>Fri, 19 Apr 2024 08:00:20 GMT</pubDate>
            <atom:updated>2024-04-19T08:00:20.503Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*JGj9WfgKUuTZi6Y-P4rnRA.jpeg" /></figure><p>Their innovative approach combines the traditional banking sector with cutting-edge blockchain technology, all within one comprehensive app. Let’s delve into how Cross Finance plans to achieve this ambitious goal.</p><h3>Introducing CrossFi Blockchain</h3><p>At the heart of Cross Finance’s vision lies CrossFi, a technology poised to expand blockchain’s reach and provide users worldwide with accessible financial tools. The CrossFi App marks the pioneering fusion of financial services and full-fledged banking functionalities, offering features like debit cards, non-custodial mutual settlements, and the elimination of intermediaries in traditional financial services on the crypto market.</p><h3>Exploring the CrossFi Ecosystem Products</h3><h4>1. CrossFi Chain: Blockchain Infrastructure</h4><p>The CrossFi Chain serves as a foundational layer 1 blockchain with a modular architecture, seamlessly integrating two vital components: Cosmos and EVM. Cosmos and EVM work in tandem, each fulfilling distinct functionalities while operating synchronously as a cohesive unit. Key highlights include:</p><ul><li><strong>Scalability:</strong> Capable of handling up to 1 million operations per second.</li><li><strong>Interoperability:</strong> Facilitating seamless interaction with other blockchains.</li><li><strong>Developer-Friendly Environment:</strong> Providing intuitive tools for developers to build upon.</li></ul><h4>The Role of Cosmos in CrossFi Chain</h4><p>Cosmos, a pivotal component of CrossFi, oversees critical functions such as consensus, block production, and transaction verification. Leveraging the Byzantine Fault Tolerant (BFT) consensus engine and the Cosmos SDK, Cosmos ensures robust security and efficient operation.</p><h4>Why CrossFi Utilizes Tendermint and Cosmos SDK</h4><p>Tendermint BFT and Cosmos SDK empower the CrossFi Chain by offering:</p><ul><li>A robust consensus protocol (DPoS).</li><li>Byzantine fault tolerance (2/3).</li><li>Rapid block time (5 seconds, with potential reduction to 1 second).</li><li>High transaction throughput (up to 10,000 transactions per second).</li></ul><h4>The Role of EVM in CrossFi Chain</h4><p>The EVM component of CrossFi facilitates smart contract interaction, decentralized application deployment, and full EVM compatibility. This integration, achieved through Ethermint and Evmos, enables seamless interoperability with the Ethereum ecosystem.</p><h4>Why CrossFi Integrates Ethermint and Evmos</h4><p>Ethermint and Evmos empower CrossFi with:</p><ul><li>Full Ethereum-compatible smart contract functionality.</li><li>Enhanced privacy features for anonymous payments.</li><li>Seamless cross-chain asset transfers.</li><li>Integration with popular wallets like MetaMask.</li></ul><h4>2. CrossFi App: Redefining Banking Experience</h4><p>The CrossFi App revolutionizes banking by offering users the ability to open cryptocurrency accounts and conduct transactions effortlessly. Key features include:</p><ul><li>Issuance of virtual and physical Visa cards.</li><li>Non-custodial payment solutions for cryptocurrency, including Visa card linkage.</li><li>Cross-border transfers and P2P transactions.</li><li>Currency exchange at competitive rates.</li><li>Multi-currency card options for added flexibility.</li></ul><h4>3. CrossFi xApp: Bridging to DeFi</h4><p>The CrossFi xApp enhances users’ experience within the CrossFi ecosystem and the broader DeFi landscape. Features include:</p><ul><li>Seamless token swapping and bridging.</li><li>Liquidity provision through CrossFi AMM.</li><li>Yield farming opportunities for enhanced returns.</li></ul><h4>4. CrossFi Business: Empowering Enterprises</h4><p>CrossFi Business caters to companies seeking to embrace cryptocurrency payments both online and offline. Its features include:</p><ul><li>Account management functionalities.</li><li>Product and service listing capabilities.</li><li>Payment processing and transaction tracking.</li><li>Access to robust API for integration.</li></ul><h4>5. CrossFi Foundation: Fostering Growth and Innovation</h4><p>As a non-profit self-regulating organization, the CrossFi Foundation spearheads initiatives to nurture and expand the Cross Finance ecosystem. Key endeavors include:</p><ul><li>User and influencer outreach campaigns.</li><li>Developer grant programs and hackathons.</li><li>Integration of new projects and products into the ecosystem.</li></ul><h3>CrossFi Chain Native Tokens</h3><p>CrossFi Chain operates on two native tokens, Mint Power (MPX) and CrossFi (XFI), essential for user interaction within the network. Additionally, the eMint Power (eMPX) token offers seamless compatibility within the EVM layer, enhancing user flexibility and engagement in the broader DeFi space.</p><h4>Mint Power (MPX):</h4><ul><li>Governs network operations and consensus.</li><li>Utilized for staking and mining XFI coins.</li><li>Acts as a fee payment tool for Cosmos-based services.</li></ul><h4>CrossFi (XFI):</h4><ul><li>Grants access to CrossFi Chain’s products and services.</li><li>Accepted as a payment method within the CrossFi App.</li><li>Used for transaction fees across both Cosmos and EVM layers.</li></ul><h4>eMint Power (eMPX):</h4><p>eMPX token offers liquidity within the EVM layer, mirroring the functionalities of MPX while ensuring compatibility with Ethereum-based assets.</p><p>eMPX is designed to operate seamlessly within the EVM layer of CrossFi, providing users with the flexibility to engage in the broader DeFi ecosystem. It mirrors the limited supply characteristic of MPX, ensuring that the token’s value is preserved through scarcity. eMPX can be freely traded, sold, or purchased within the EVM framework, making it an attractive asset for users familiar with Ethereum-based tokens.</p><h3>Conclusion</h3><p>Cross Finance’s pioneering approach to merge traditional banking services with blockchain technology through the CrossFi ecosystem marks a significant step towards fostering financial inclusion and innovation on a global scale. By seamlessly integrating Cosmos and EVM components, CrossFi Chain offers unparalleled scalability, interoperability, and developer-friendly functionalities. The suite of products within the CrossFi ecosystem, including the CrossFi App, xApp, Business, and Foundation, empowers users, enterprises, and developers alike to leverage the full potential of decentralized finance. With native tokens like Mint Power (MPX) and CrossFi (XFI), along with the eMint Power (eMPX) token for EVM compatibility, Cross Finance is positioned to change the way we interact with finance, bridging the gap between traditional and digital economies for a more inclusive and accessible future.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=8fadc3cc8675" width="1" height="1" alt=""><hr><p><a href="https://medium.com/01node/cross-finance-the-future-of-payment-8fadc3cc8675">Cross Finance: The Future of Payment</a> was originally published in <a href="https://medium.com/01node">01node</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[01node — a Wormhole Guardian]]></title>
            <link>https://medium.com/01node/01node-a-wormhole-guardian-9e7f779ad3cb?source=rss----be9df788501---4</link>
            <guid isPermaLink="false">https://medium.com/p/9e7f779ad3cb</guid>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[token]]></category>
            <category><![CDATA[guardian]]></category>
            <category><![CDATA[wormhole]]></category>
            <dc:creator><![CDATA[Eva@01node]]></dc:creator>
            <pubDate>Fri, 19 Apr 2024 05:27:37 GMT</pubDate>
            <atom:updated>2024-04-19T05:27:37.122Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*N3gs3J3CtKFKfo2JjXiqhw.jpeg" /></figure><h3>01node — a Wormhole Guardian</h3><p>April 3rd was a fantastic day for Wormhole! They finally launched their much-anticipated native token, $W. This awesome token is the heart of the Wormhole platform and runs on the native Solana SPL token. But the best part? We at 01node are over the moon to announce that we’re one of the 18 guardians for Wormhole! We’re absolutely bursting with pride.</p><h3>Introducing Wormhole</h3><p>Wormhole has emerged as a groundbreaking universal messaging protocol that smooths the path for seamless communication across diverse blockchains. It stands apart from a conventional blockchain, serving instead as a conduit, a bridge that enables interaction between different blockchains and rollups. Although Wormhole itself does not function as a token bridge, it does support other protocols, like <a href="https://www.portalbridge.com/#/transfer">Portal Bridge</a>, designed specifically for this purpose.</p><p>In the present-day digital landscape, Wormhole shines as the leading interoperability platform fuelling multichain applications and bridges on an impressive scale. This platform is the embodiment of Web3’s vision of interconnectivity, demonstrating the potential of a truly interconnected digital universe. It has been wholeheartedly adopted by developers from over 200 applications and continues to attract hundreds of thousands of users worldwide. To date, Wormhole has successfully facilitated the transfer of a wide variety of data types across more than 30 different blockchains, recording over 1 billion multichain messages. Its user base boasts big names such as Uniswap, Circle, Lido, Synthetix, and Pyth, among others.</p><h3>Guardians role</h3><p>Wormhole, an innovative technology, utilizes a network of distributed nodes known as Guardians. These Guardians hold the crucial responsibility of monitoring state changes across a plethora of different blockchains, thus forming the backbone of Wormhole’s operation. Guardians meticulously observe messages, signing corresponding payloads on an individual basis. These signatures are later amalgamated to form a multisig, otherwise known as a Verified Action Approval (VAA). This VAA is representative of a state that has been agreed upon by the majority. The Guardian Network, therefore, serves as the oracle component within Wormhole, playing a pivotal, cornerstone role in the ecosystem’s technical architecture.</p><p>To fully comprehend the critical importance of the Guardian Network, it’s absolutely essential to delve deeper into its fundamental design principles, each of which contributes to the network’s overall functionality:</p><ol><li><strong>Decentralization:</strong> Network control is not centralized. Instead, it’s distributed across numerous parties to ensure that no single entity holds all the power. This enhances the security and reliability of the network.</li><li><strong>Modularity:</strong> Different components within the ecosystem, such as the oracle, relayer, and applications, are designed to remain separate and distinct. This allows for independent design, modification, and upgradeability, offering a robust and flexible framework.</li><li><strong>Chain Agnosticism:</strong> Wormhole is designed to support a variety of chains, extending beyond just the Ethereum Virtual Machine (EVM). This ensures that no single chain acts as a point of failure, enhancing the network’s robustness.</li><li><strong>Scalability:</strong> Wormhole is designed with the ability to not only secure large value but also handle substantial transaction volumes. This scalability makes it a viable solution for a variety of use cases.</li><li><strong>Upgradeability:</strong> One of the most important aspects of Wormhole is its flexibility and adaptability. It’s designed to evolve with the ever-changing trends in decentralized computing without causing disruptions to existing integrations. This ensures that Wormhole remains cutting-edge and relevant.</li></ol><h3>Meet the Guardians</h3><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*sqbz10srk4iWQaDT.png" /></figure><h3>Conclusion</h3><p>Thanks to the amazing network of Guardians, Wormhole is at the forefront of the Web3 revolution, paving the way for smooth cross-chain communication and a wide variety of decentralized applications. With $W spreading its wings across multiple chains, and backed by powerful frameworks like Native Token Transfers (NTT), the doors to new possibilities are wide open for all you developers and users out there. Whether it’s enabling seamless cross-chain exchanges or powering decentralized governance and gaming, $W is like a shining lighthouse in the vast ocean of the decentralized space, constantly evolving with the ecosystem. So, let’s explore this exciting new frontier together!</p><h3>About 01node</h3><p>We are a pioneering force in the web3 field, because we are revolutionizing the validation and staking experience, prioritizing security, integrity and transparency. By seamlessly integrating state-of-the-art technologies and adopting a user-centered design philosophy, we ensure accessibility and efficiency in every partnership. Our commitment to simplicity, industry-leading security and comprehensive support for a wide range of digital assets redefines industry standards.</p><p>Trusted by over 100,000 users on over 40 networks. We have experience running Validator-as-a-service, RPC nodes since 2019 and time-tested infrastructure as a node operator. Our track record shows this reliability, we prioritize security and ensure best practices for every service we offer. We aim to provide the best performance and reliability through our physical infrastructure located in Tier 3 data centers. Our services are supported by a sophisticated technical infrastructure 24/7 customer support and a team of highly qualified professionals. qualification.</p><p>Follow 01node for news or questions and proposals. Also, to benefit from the partnership between 01node and EigenLayer, we invite you to join our community.</p><p><strong>01node: </strong><a href="https://linktr.ee/01node">Ours social media</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=9e7f779ad3cb" width="1" height="1" alt=""><hr><p><a href="https://medium.com/01node/01node-a-wormhole-guardian-9e7f779ad3cb">01node — a Wormhole Guardian</a> was originally published in <a href="https://medium.com/01node">01node</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[Wormhole Launched the $W token]]></title>
            <link>https://medium.com/01node/wormhole-launched-the-w-token-f12748a1b60e?source=rss----be9df788501---4</link>
            <guid isPermaLink="false">https://medium.com/p/f12748a1b60e</guid>
            <category><![CDATA[wormhole]]></category>
            <category><![CDATA[portal-bridge]]></category>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[solana-network]]></category>
            <category><![CDATA[token]]></category>
            <dc:creator><![CDATA[Eva@01node]]></dc:creator>
            <pubDate>Wed, 17 Apr 2024 07:02:34 GMT</pubDate>
            <atom:updated>2024-04-17T07:02:34.423Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*AbzgkDOGGzvbWSum9zp0mg.jpeg" /></figure><p>On April 3rd, Wormhole launched its highly anticipated native token, $W, which powers the Wormhole platform, operating on the native Solana SPL token. 01node is proud to announce that we are one of the 18 guardians for wormhole.</p><h3>A Gateway to Blockchain Communication</h3><p>Wormhole serves as a universal messaging protocol facilitating communication between various blockchains. Unlike a blockchain itself, Wormhole acts as a bridge for blockchain-to-blockchain or rollup communication. While it’s not a token bridge, Wormhole supports protocols like <a href="https://www.portalbridge.com/#/transfer">Portal Bridge</a> that serve this purpose.</p><p>Today, Wormhole stands as the foremost interoperability platform driving multichain applications and bridges on a large scale — the epitome of Web3’s interconnectedness. Embraced by developers of over 200 applications and hundreds of thousands of users, Wormhole has facilitated the transfer of diverse data types across more than 30 blockchains, amassing over 1 billion multichain messages. Notable users include Uniswap, Circle, Lido, Synthetix, Pyth, among others.</p><ul><li><strong>Applications Enabled by Wormhole</strong></li></ul><p>Wormhole’s capabilities open doors to a myriad of applications:</p><ol><li><strong>Cross Chain Exchange:</strong> Utilizing Wormhole Connect, developers can construct exchanges accepting deposits from any Wormhole-connected chain, thereby significantly enhancing user liquidity.</li><li><strong>Cross Chain Governance:</strong> Various NFT collections spread across different networks can aggregate votes on a common proposal by utilizing Wormhole to communicate votes from disparate chains to a chosen “voting” chain.</li><li><strong>Cross Chain Gaming:</strong> Games can be built and operated on high-performance networks like Solana, with rewards issued as NFTs on different networks, such as Ethereum.</li></ol><h3>The $W Launch Roadmap</h3><p>$W initially debuts as a native SPL token on Solana, leveraging its high-performance ecosystem for scalability, low transaction costs, and swift processing. This launch phase establishes a robust foundation for $W’s multichain aspirations within one of crypto’s most dynamic ecosystems.</p><p>Subsequently, $W will extend its reach to all Wormhole-connected EVM chains using Native Token Transfers (NTT). NTT ensures seamless token transfer across Solana, Ethereum mainnet, and Layer 2 solutions without liquidity fragmentation, maintaining $W’s unique utility for the Wormhole platform.</p><p>NTT, an open-source framework, facilitates token transfer across blockchains sans liquidity pools, granting projects full control over token behavior on each chain, including standards, metadata, ownership, and custom features. It empowers projects with granular security control, such as rate-limiting, pausing, access control, and balance accounting.</p><h3>How to benefit from the token Launch</h3><p>You may be eligible for this W airdrop if you’ve interacted with Wormhole ecosystem chains, applications, or the Wormhole community in the past. The snapshot for this airdrop was taken on February 6, 2024, 23:59 UTC.</p><p>Please proceed to check your eligibility and claim your W. <a href="https://airdrop.wormhole.com/">https://airdrop.wormhole.com/</a></p><h3>$W was distributed across these six categories:</h3><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/0*iM8jvaxM059R0CMO.png" /></figure><h3>Conclusion</h3><p>The launch of Wormhole’s native token, $W, is a significant step towards seamless blockchain interoperability. With a strong network of Guardians, Wormhole is driving Web3 innovation, enabling cross-chain communication and diverse decentralized applications. $W’s expansion across multiple chains, aided by frameworks like Native Token Transfers (NTT), opens new opportunities for developers and users. From facilitating cross-chain exchanges to powering decentralized governance and gaming, $W serves as a beacon of connectivity in the decentralized space, evolving alongside the ecosystem.</p><h3>About 01node</h3><p>We are a pioneering force in the web3 field, because we are revolutionizing the validation and staking experience, prioritizing security, integrity and transparency. By seamlessly integrating state-of-the-art technologies and adopting a user-centered design philosophy, we ensure accessibility and efficiency in every partnership. Our commitment to simplicity, industry-leading security and comprehensive support for a wide range of digital assets redefines industry standards.</p><p>Trusted by over 100,000 users on over 40 networks. We have experience running Validator-as-a-service, RPC nodes since 2019 and time-tested infrastructure as a node operator. Our track record shows this reliability, we prioritize security and ensure best practices for every service we offer. We aim to provide the best performance and reliability through our physical infrastructure located in Tier 3 data centers. Our services are supported by a sophisticated technical infrastructure 24/7 customer support and a team of highly qualified professionals. qualification.</p><p>Follow 01node for news or questions and proposals. Also, to benefit from the partnership between 01node and EigenLayer, we invite you to join our community.</p><p><strong>01node: </strong><a href="https://linktr.ee/01node">Ours social media</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=f12748a1b60e" width="1" height="1" alt=""><hr><p><a href="https://medium.com/01node/wormhole-launched-the-w-token-f12748a1b60e">Wormhole Launched the $W token</a> was originally published in <a href="https://medium.com/01node">01node</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[Celestia: Thinking about Modularity — Projects built on Celestia]]></title>
            <link>https://medium.com/01node/celestia-thinking-about-modularity-projects-built-on-celestia-5e128897fc9a?source=rss----be9df788501---4</link>
            <guid isPermaLink="false">https://medium.com/p/5e128897fc9a</guid>
            <category><![CDATA[layer-1]]></category>
            <category><![CDATA[crosschain]]></category>
            <category><![CDATA[modular-blockchain]]></category>
            <category><![CDATA[wallet]]></category>
            <category><![CDATA[celestia]]></category>
            <dc:creator><![CDATA[Eva@01node]]></dc:creator>
            <pubDate>Wed, 03 Apr 2024 07:15:31 GMT</pubDate>
            <atom:updated>2024-04-24T11:54:51.495Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*cqcf7dYkYosvxLnUscUhBQ.jpeg" /></figure><h3>Celestia: Thinking about Modularity — Projects built on Celestia</h3><p>Lately, the Celestia blockchain has been creating quite a buzz on various blogs and Twitter feeds, and it’s not just for show. With their mainnet launch, an intriguing airdrop, and the growing interest in token prices and projects developing on their blockchain, Celestia is undeniably capturing the attention of the crypto community.</p><h3>Let’s Get to Know Celestia</h3><p>Celestia isn’t your typical blockchain; it’s a modular data availability network designed to scale securely with the number of users. Its primary goal is to address the scalability and stability issues that have plagued monolithic blockchains such as Ethereum and Solana. This involves creating a new space for hosting and accessing the vast amount of data generated by the rapidly expanding ecosystems of “layer 2” networks that operate on top of the primary “layer 1” blockchains.</p><blockquote><em>Modular Blockchain is a design concept that separates essential functions, in contrast to earlier digital currency blockchains like Bitcoin or Ethereum, where all functions are interconnected. These are known as Monolithic blockchains.</em></blockquote><h3>How Celestia Works its Magic</h3><p>At the heart of Celestia’s functionality are the TIA tokens, playing a crucial role in how developers build on this innovative modular blockchain network. To leverage Celestia for data availability, rollup developers submit a transaction called “PayForBlobs” on the network, paying the fee in TIA tokens.</p><p>Modular blockchains take a different approach compared to monolithic ones. Instead of a single blockchain handling all functions, modular blockchains specialize and optimize for specific tasks. This design prioritizes speed and execution, a departure from monolithic blockchains that sacrifice decentralization or security for scalability.</p><h3>What Makes Celestia Stand Out?</h3><p>Celestia’s modularity addresses significant issues faced by traditional blockchains: Limited Space, High Costs, and Accessibility Problems. While monolithic blockchains perform all tasks, modular blockchains, like Celestia, separate essential functions, offering a more efficient solution.</p><p>A standout feature of Celestia is its data availability sampling (DAS). This is a method to verify all data available on the blockchain. Users running light nodes — suitable for smaller computers with less computational power — can verify data availability without downloading all the data for a block. Through multiple rounds of random sampling, these light nodes gain confidence that the data is indeed available.</p><h3>Projects Building on Celestia Blockchain</h3><p>Projects building on Celestia are embracing the modular expansion. Let’s take a look at some projects building and partnering with Celestia: Rollups, Infrastructure, Crosschains, Wallet, etc.</p><p><strong>Rollup: </strong><a href="https://alphadune.com/">Alpha Dune</a>, <a href="https://www.asmatch.app/">As Match</a>, <a href="https://www.astria.org/">Astria</a>, <a href="https://www.curio.gg/">Curio</a>, <a href="https://darkfrontier.gg/">Dark</a>, <a href="https://deri.io/#/index">Deri</a>, <a href="https://www.eclipse.xyz/">Eclipse</a>, <a href="https://hokum.gg/">Hokum</a>, <a href="https://www.kinto.xyz/">Kinto</a>, <a href="https://golast.xyz/">Last L2</a>, <a href="https://lightlink.io/">LightLink</a>, <a href="https://manta.network/">Manta Network</a>, <a href="https://movementlabs.xyz/">Movement Labs</a>, <a href="https://twitter.com/NebulaGarden_">Nebula Garden</a>, <a href="https://ojo.network/">Ojo</a>, <a href="https://www.plumenetwork.xyz/">Plume Network</a>, <a href="https://twitter.com/shogunfi/">Shogun</a>, <a href="https://www.syndr.com/">Syndr</a>, <a href="https://www.unidex.exchange/">UniDex</a>, <a href="https://zeko.io/">Zeko</a>, <a href="https://zkfair.io/">ZKFair</a><br><strong>RAAS: </strong><a href="https://altlayer.io/">AltLayer</a>, <a href="https://www.astria.org/">Astria</a>, <a href="https://www.caldera.xyz/">Caldera</a>, <a href="https://conduit.xyz/">Conduit</a>, <a href="https://gateway.fm/">Gateway</a>, <a href="https://www.gelato.network/">Gelato</a>, <a href="https://www.karnot.xyz/">Karnot</a>, <a href="https://lumoz.org/">Lumoz</a>, <a href="https://www.snapchain.dev/">Snapchain</a>, <a href="https://docs.vistara.dev/">Vistara</a>, <a href="https://www.zeeve.io/">Zeeve</a><br><strong>Infrastructure:</strong> <a href="https://www.aori.io/">Aori</a>, <a href="https://www.onarc.io/">Arc</a>, <a href="https://www.marlin.org/">Marlin</a>, <a href="https://www.nebra.one/">Nebra</a>, <a href="https://nobleassets.xyz/">Noble</a>, <a href="https://www.privy.io/">Privy</a>, <a href="https://redstone.finance/">Redstone</a>, <a href="https://www.risczero.com/">Risc Zero</a>, <a href="https://zerodev.app/">ZeroDev</a><br><strong>Crosschain: </strong><a href="https://axelar.network/">Axelar</a>, <a href="https://catalyst.exchange/">Catalyst</a>, <a href="https://www.hyperlane.xyz/">Hyperlane</a>, <a href="https://twitter.com/MitosisOrg">Mitosis</a>, <a href="https://polyhedra.network/">Polyhedra</a>, <a href="https://www.orblabs.xyz/">Orb Labs</a>, <a href="https://www.squidrouter.com/">Squid</a>, <a href="https://union.build/">Union</a>, <a href="https://wormhole.com/">Wormhole</a><br><strong>Rollup Framework: </strong><a href="https://arbitrum.io/orbit">Arbitrum Orbit</a>, <a href="https://dymension.xyz/">Dymint</a>, <a href="https://www.keystonesdk.com/">Keystone</a>, <a href="https://docs.optimism.io/stack/getting-started">OP Stack</a>, <a href="https://polygon.technology/polygon-cdk">Polygon CDK</a>, <a href="https://rollkit.dev/">Rollkit</a>, <a href="https://www.sovereign.xyz/">Sovereign SDK</a>, <a href="https://www.stackrlabs.xyz/">Stackr</a>, <a href="https://cartesi.io/">Cartesi</a><br><strong>Settlement Layer: </strong><a href="https://argus.gg/">Argus</a>, <a href="https://www.berachain.com/">Bera Chain</a>, <a href="https://dymension.xyz/">Dymension</a>, <a href="https://twitter.com/initiaFDN">Initia</a>, <a href="https://www.neutron.org/">Neutron</a>, <a href="https://osmosis.zone/">Osmosis</a>, <a href="https://www.saga.xyz/">Saga</a><br><strong>Wallet: </strong><a href="https://cosmology.tech/">Cosmology</a>, <a href="https://www.cosmostation.io/">Cosmostation</a>, <a href="https://www.keplr.app/">Keplr</a>, <a href="https://www.leapwallet.io/">Leap</a></p><h3>A Step-by-Step Staking Guide</h3><p><strong>Step 1:</strong> Log into <a href="https://wallet.keplr.app/chains/dydx">Keplr</a> and connect your account.<br><strong>Step 2:</strong> Search for the Celestia Chain and locate <a href="https://wallet.keplr.app/chains/celestia?modal=validator&amp;chain=celestia&amp;validator_address=celestiavaloper1murrqgqahxevedty0nzqrn5hj434fvffxufxcl&amp;referral=true">01node Validator</a>.<br><strong>Step 3:</strong> Click on the <a href="https://wallet.keplr.app/chains/celestia?modal=validator&amp;chain=celestia&amp;validator_address=celestiavaloper1murrqgqahxevedty0nzqrn5hj434fvffxufxcl&amp;referral=true">01node validator</a> and input the amount of <strong>$TIA</strong> you wish to stake.<br><strong>Step 4:</strong> Click ‘Stake’ and follow the staking process.<br><strong>Step 5:</strong> Approve the transaction. Congratulations, you have successfully staked TIA with <strong>01node</strong>!</p><h3>Wrapping It Up</h3><p>In conclusion, the modular design of Celestia significantly overcomes limitations related to how applications and blockchains are traditionally built. This flexible design accommodates everything from cutting-edge hardware to unique privacy models, providing a new architectural approach to blockchain. This flexibility caters to developers, allowing them to create tailored solutions based on their specific needs. The Celestia blockchain is truly paving the way for a more scalable and accessible blockchain ecosystem.</p><p>For more educational, informative, and rewarding content, keep up with us on our social media platforms. As a staking provider and validator, we’re committed to sharing valuable insights and updates to enhance your experience in the blockchain space.</p><h3>About 01node</h3><p>We are a pioneering force in the web3 field, because we are revolutionizing the validation and staking experience, prioritizing security, integrity and transparency. By seamlessly integrating state-of-the-art technologies and adopting a user-centered design philosophy, we ensure accessibility and efficiency in every partnership. Our commitment to simplicity, industry-leading security and comprehensive support for a wide range of digital assets redefines industry standards.</p><p>Trusted by over 100,000 users on over 40 networks. We have experience running Validator-as-a-service, RPC nodes since 2019 and time-tested infrastructure as a node operator. Our track record shows this reliability, we prioritize security and ensure best practices for every service we offer. We aim to provide the best performance and reliability through our physical infrastructure located in Tier 3 data centers. Our services are supported by a sophisticated technical infrastructure 24/7 customer support and a team of highly qualified professionals. qualification.</p><p>Follow 01node for news or questions and proposals. Also, to benefit from the partnership between 01node and EigenLayer, we invite you to join our community.</p><p><strong>01node: </strong><a href="https://linktr.ee/01node">Ours social media</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=5e128897fc9a" width="1" height="1" alt=""><hr><p><a href="https://medium.com/01node/celestia-thinking-about-modularity-projects-built-on-celestia-5e128897fc9a">Celestia: Thinking about Modularity — Projects built on Celestia</a> was originally published in <a href="https://medium.com/01node">01node</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[A tutorial about Berachain and Faucetino by 01node]]></title>
            <link>https://medium.com/01node/a-tutorial-about-berachain-and-faucetino-by-01node-cda09c96339c?source=rss----be9df788501---4</link>
            <guid isPermaLink="false">https://medium.com/p/cda09c96339c</guid>
            <category><![CDATA[faucetino]]></category>
            <category><![CDATA[token]]></category>
            <category><![CDATA[testnet]]></category>
            <category><![CDATA[blockchain]]></category>
            <category><![CDATA[berachain]]></category>
            <dc:creator><![CDATA[Eva@01node]]></dc:creator>
            <pubDate>Mon, 01 Apr 2024 06:56:15 GMT</pubDate>
            <atom:updated>2024-03-22T12:50:22.008Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*THfei-MyFDdEgBoJSIKhEA.jpeg" /></figure><h3>Introduction</h3><p>Berachain’s clearing and settlement services streamline the post-trade process by automating the reconciliation and settlement of financial transactions. By leveraging blockchain technology, these services eliminate the need for intermediaries and reduce the risk of errors and disputes, resulting in faster and more cost-effective clearing and settlement processes. With transparent and auditable transaction records stored on the blockchain, counterparties can trust that their trades will be settled accurately and securely, minimizing counterparty risk and enhancing overall market integrity. Whether facilitating trades in traditional financial instruments or digital assets, Berachain’s clearing and settlement services provide a reliable infrastructure for efficient and compliant post-trade processing.</p><h3>Facilitation through Faucetino by 01node</h3><p>It is the unique solution for testing tokens on multiple blockchains, including Berachain. Whether you are a developer, a curious explorer or a seasoned crypto enthusiast, Faucetino offers a simplified and efficient method for testing and development purposes.</p><p>With Faucetino, you can start testing immediately without waiting to receive tokens. Get Berachain Artio to develop and test your projects safely and quickly. Our simple and intuitive service makes accessing Berachain Artio a pleasant experience.</p><h3>How Faucetino works</h3><ol><li><strong>Connect your Metamask wallet</strong>: To receive Berachain Artio securely, connect your Metamask wallet to Faucetino.</li><li><strong>Request ETH</strong>: Go to our user friendly service at this link and request Berachain Artio.</li><li><strong>Claim Berra</strong>: Simply claim Berra (testnet ETH) from Faucetino. No need to wait — get your tokens instantly!</li><li><strong>Test and Experiment</strong>: You are now ready to test your smart contracts, explore DApps and experiment with the Berachain network.</li></ol><h3>Berachain’s blockchain trading platforms</h3><p>Berachain’s blockchain trading platforms offer a secure and efficient way for users to buy, sell, and trade digital assets in a decentralized manner. These platforms leverage blockchain technology to provide real-time transaction processing, immutable record-keeping, and enhanced security features, ensuring that users can conduct their trades with confidence and peace of mind. With intuitive user interfaces and advanced trading tools, Berachain’s platforms cater to both novice traders and experienced investors, enabling them to capitalize on market opportunities and maximize their returns in the fast-paced world of digital asset trading.</p><p>Berachain’s financial risk management solutions empower organizations to identify, assess, and mitigate risks across their financial operations. Leveraging advanced analytics and modeling techniques, these solutions enable businesses to quantify and manage risks related to market fluctuations, credit exposure, liquidity constraints, and regulatory compliance. By providing real-time insights and actionable recommendations, Berachain’s risk management solutions help organizations make informed decisions to protect their assets and optimize their performance in dynamic and uncertain markets. With customizable risk management frameworks and robust reporting capabilities, Berachain equips businesses with the tools they need to navigate complex financial landscapes and achieve their strategic objectives with confidence.</p><h3>Berachain support</h3><p>In 2024, Berachain proposes to expand its range of products and services to meet the growing demands from the market. They intend to launch innovative products and strengthen customer relationships to non-existent by providing continuous support and customized solution. It is an exhaustive set of resources and educational materials about blockchain technology and the innovative financial solutions offered by Berachain. This guide includes tutorials, case studies, informative articles and training events, designed to help partners also understand and fully leverage the potential of blockchain in financial activities.</p><ul><li><strong>Practical Tutorials and Guides: </strong>To facilitate understanding and practical application of blockchain concepts, Berachain Guide includes practical tutorials and step-by-step guides that explain how to use various aspects of blockchain technology and Berachain products.</li><li><strong>Relevant Case Studies: </strong>To highlight the benefits and potential of using blockchain in finance, Berachain Guide presents a series of relevant case studies that illustrate how various companies and financial institutions have successfully implemented blockchain solutions developed by Berachain.</li><li><strong>Training and Awareness Events: </strong>Berachain organizes and promotes various training and awareness events, such as seminars, conferences and webinars, where community members can directly interact with blockchain experts and find information about the trend values ​​of industry innovations.</li><li><strong>Availability and Accessibility: </strong>Berachain Guide is available online and can be accessed by different devices and platforms. Users can access the guide’s content from anywhere at any time, ensuring they have the resources they need to build their blockchain knowledge and skills.</li></ul><h3>Join in our revolution today and use Faucetino!</h3><p>Faucetino is also very active on social media, where it informs and engages its community through posts, tweets, articles, videos, and podcasts. Berachain has official accounts on the following platforms:</p><h3>01node: <a href="https://linktr.ee/01node">Ours social media</a></h3><h3>Twitter:</h3><p><a href="https://twitter.com/berachain">@Berachain</a>, where it has over 900,000 followers and has gained over 350,000 views in just 30 days.</p><h3>Telegram:</h3><p><a href="https://t.me/BerachainPortal">@Berachain</a>, where it has over 8,000 followers and over 2,500 views/ week.</p><h3>GitHub:</h3><p><a href="https://github.com/berachain">@Berachain</a>, where it publishes detailed and informative articles about its project and industry, with over 2,700 followers.</p><h3>Conclusion</h3><p>As we look to the future, Berachain remains steadfast in its mission to empower its customers and partners to thrive in an increasingly digital world, ensuring that the promise of blockchain technology is realized for the benefit of all. Through its comprehensive suite of products, services and educational resources, Berachain continues to drive the adoption and integration of blockchain technology, paving the way for a more inclusive, transparent and resilient financial ecosystem.</p><p><a href="https://faucetino.01node.com/berachain-artio">Get 1 Bera from Berachain Artio Faucet Service</a> — perfect for developers and enthusiasts who need consistent testnet funds for their projects. For support from the 01node team, don’t hesitate to ask in our <a href="https://tr.ee/xVd_LtFw5x">Telegram community</a>.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=cda09c96339c" width="1" height="1" alt=""><hr><p><a href="https://medium.com/01node/a-tutorial-about-berachain-and-faucetino-by-01node-cda09c96339c">A tutorial about Berachain and Faucetino by 01node</a> was originally published in <a href="https://medium.com/01node">01node</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[You made it !]]></title>
            <link>https://medium.com/01node/you-made-it-7defa1b8a211?source=rss----be9df788501---4</link>
            <guid isPermaLink="false">https://medium.com/p/7defa1b8a211</guid>
            <category><![CDATA[web3]]></category>
            <category><![CDATA[cybersecurity]]></category>
            <category><![CDATA[ethereum-blockchain]]></category>
            <category><![CDATA[staking]]></category>
            <category><![CDATA[validator-node]]></category>
            <dc:creator><![CDATA[Eva@01node]]></dc:creator>
            <pubDate>Thu, 28 Mar 2024 12:45:55 GMT</pubDate>
            <atom:updated>2024-03-28T12:45:55.439Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*Dy5rkIy810pV7aXXVk87hQ.jpeg" /></figure><h3>You made it ! Yes, you made it to the last part of this series. This final part will cover the most frequently asked questions among delegators.</h3><h4>Are there any fees for depositing or withdrawing your stake from a validator?</h4><p>No, there are no ‘withdrawal’ or ‘deposit’ fees. In fact you never ‘deposit’ your stake — unlike a bank deposit your stake remains in your position, and cannot be touched by the validator. Your stake is effectively a ‘vote’ that you trust the validator to confirm transactions on the network, rather than a deposit. By spreading the vote across a wide number of validators it ensures there is no risk of foul play in the system. Do note that while there are no transaction fees on staking directly with a validator, it is possible that some independent ‘stake pools’ might have a different set of rules and fee schedules.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*xkjtpKzNEiYshPEG6kPh_w.jpeg" /><figcaption>How long is my stake ‘locked up’ with a validator?</figcaption></figure><p>As you are paid rewards based on the funds you have staked during an epoch, during that epoch you cannot withdraw your stake. In practice, the timescale from staking, to earning rewards, to unstaking can vary depending on when in an epoch you instruct a validator.</p><p>For example:</p><ol><li>When you first delegate a stake to a validator you must wait for it to become active. This happens at the end of the current epoch. For example, Given an epoch is ~2.5 days long, depending on when you stake it may take 2 days, 2 hours or just 20 minutes for your stake to become active. An epoch could be 1 day,2 days or more depending on the network.</li><li>Once your stake is active it will begin earning rewards each epoch.</li><li>Should you wish to withdraw your stake, you must first undelegate it. Just as when you delegate it, the instruction is handled at the end of the epoch. Undelegation for networks usually ranges from 7–28 days. Although some networks take lesser days for staked assets to be undelegated.</li><li>Once you have undelegated your stake and the epoch has ended, you can then withdraw it back to your wallet, or redelegate it with another validator or stake pool.</li></ol><h3>Conclusion</h3><p>After you’ve learned important things to consider when choosing a validator to use and how they fit your requirements, the next step is to do a background check on the validator.</p><h3>About 01node</h3><p>We are a pioneering force in the web3 field, because we are revolutionizing the validation and staking experience, prioritizing security, integrity and transparency. By seamlessly integrating state-of-the-art technologies and adopting a user-centered design philosophy, we ensure accessibility and efficiency in every partnership. Our commitment to simplicity, industry-leading security and comprehensive support for a wide range of digital assets redefines industry standards.</p><p>Trusted by over 100,000 users on over 40 networks. We have experience running Validator-as-a-service, RPC nodes since 2019 and time-tested infrastructure as a node operator. Our track record shows this reliability, we prioritize security and ensure best practices for every service we offer. We aim to provide the best performance and reliability through our physical infrastructure located in Tier 3 data centers. Our services are supported by a sophisticated technical infrastructure 24/7 customer support and a team of highly qualified professionals. qualification.<br>For more information follow us on social media: <a href="https://01node.com/">Website</a> | <a href="https://t.me/node01">Telegram</a> | <a href="https://twitter.com/01node">Twitter</a> | <a href="https://www.linkedin.com/company/01node/">LinkedIn</a> | <a href="https://medium.com/01node">Medium</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=7defa1b8a211" width="1" height="1" alt=""><hr><p><a href="https://medium.com/01node/you-made-it-7defa1b8a211">You made it !</a> was originally published in <a href="https://medium.com/01node">01node</a> on Medium, where people are continuing the conversation by highlighting and responding to this story.</p>]]></content:encoded>
        </item>
    </channel>
</rss>