The world’s fastest growing staking service provider Born in Lugano, Switzerland
LUGANO, Switzerland, October 4, 2022 /PRNewswire/ — Luganodes is a Switzerland-based institutional staking service provider that provides best-in-class blockchain infrastructure for PoS networks, providing institutions with the right products and services of today and tomorrow. Luganodes aspires to play a critical role in securing and scaling Proof of Stake (PoS) networks through an efficient, secure and scalable decentralized infrastructure.
Consensus-based Proof-of-Stake (PoS) blockchains have validators instead of miners. Validators are servers (nodes) running blockchain software responsible for adding new blocks to the blockchain. Validation is a complex endeavor that requires adherence to engineering standards, accuracy of engineering, operational robustness, and performance efficiency. Below average validators can face hefty fines (slashing) and total ban from networks. Luganodes relieves institutions of the operational and technical challenges of operating, managing and maintaining validator nodes in a secure, compliant and efficient manner.
Early on in its journey, Luganodes has earned the trust and support of various PoS communities, including Polygon and TRON, through its consistent investments in operational excellence and efficiency. Currently, Luganodes is the world’s fastest growing staking provider with over ~$500 million worth of staked assets and live in over 5 PoS networks. Luganodes performance is evidenced by measurable operational KPIs on live networks, such as the TRON network; Luganodes has 100% uptime with no missed blocks. This has won the trust of various institutional investors that have made Luganodes a top 15 provider on the TRON network.
“Our vision is to build a secure, private and decentralized internet for all, and Lugano will be the epicenter for blockchain infrastructure innovation,says Anuj Shankar, CEO of Luganodes
Luganodes with its roots in Lugano, Switzerland emerged from the Lugano Plan B program and wants to become a pioneer of decentralized infrastructure. The Lugano Plan B program is a joint initiative by the City of Lugano and Tether to accelerate the adoption and adoption of blockchain technology as the basis for transforming the city’s financial infrastructure. The plan aims to scale blockchain across the city to positively impact all facets of daily life for Lugano residents. The program also allows access to an investment pool of over 100 million Swiss francs for startups to develop blockchain technology and promote the relocation of existing companies, bringing expertise, know-how and people to Lugano.
Photo: https://mma.prnewswire.com/media/1913823/Luganodes_Switzerland.jpg
SOURCE Luganodes