Blockchain
Blockdaemon Empowers Web3 Developers and Institutions to Run Their Own Collator Nodes on Astar Network
The partnership will improve performance and stability for developers building on Astar Network
Los Angeles, California–(Newsfile Corp. – August 24, 2022) – Astar Network, the innovation hub on Polkadot, is thrilled to announce that it has integrated Blockdaemon, the world’s largest institutional-grade blockchain infrastructure company for node management and staking, as a collator. The partnership will enable Blockdaemon’s institutional and individual users to start their own collator nodes with Astar Network.
Blockdaemon Empowers Web3 Developers on Astar Network
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Though Astar supports users who maintain their own collator nodes, it’s still technically out of reach for many individuals and institutions joining its network. Blockdaemon’s suite of products and tools comprise a total ‘node stack’ of blockchain technology empowering any eligible project to access the Astar Network.
As a node infrastructure provider, Blockdaemon will provide Websocket and RPC endpoints to projects wishing to build on the network. Often, it is not feasible for many projects, devs and businesses to build and maintain their own Astar node to access these services. Blockdaemon’s years of node blockchain expertise specifically for the Polkadot ecosystem significantly lowers the barrier to entry for projects building on Astar.
Blockdaemon’s full node support provides a critical on-ramp for Astar dApp developers and institutions. Rather than relying on public infrastructure, which can come under heavy load from many different sources, or facing the ongoing challenges of self-running an Astar node, it is now possible to outsource Astar node requirements to Blockdaemon.
“We are excited to integrate with Astar to improve accessibility for developers and institutions. Astar is connecting the Polkadot ecosystem to all major Layer 1 blockchains by building in interoperability for a multi-chain future. Combining Blockdaemon’s institutional-grade infrastructure with Astar’s rich tech stack, we look forward to supporting the health of the network and providing a critical on-ramp for Astar dApp developers,” said Cecilia Feng, Strategic Protocol Research Lead at Blockdaemon.
“We are very excited to have a partnership with Blockdaemon. This partnership allows us to make a more reliable and robust network and explore new use cases like DOT liquid staking,” said Sota Watanabe, founder and CEO of Astar Network. “Together with Blockdaemon and infra partners, we will do our best to provide developers with the best experience.”
Collators maintain parachains by collecting parachain transactions from users and producing state transition proof for Relay Chain validators. Unlike validators, collator nodes do not secure the network. If a parachain block is invalid, it will get rejected by validators.
More users will strengthen the Astar network and play a crucial role in block production, collecting transactions, and producing state transition proofs for Relay Chain validators.
Blockdaemon is the largest independent blockchain infrastructure platform connecting institutions and developers to leading networks. Founded in 2017, Blockdaemon runs over 50,000 nodes on behalf of its more than 200 institutional customers-including exchanges, custodians, liquidity providers, and neobanks-and supports 55+ blockchain networks such as Polkadot, Kusama, Bitcoin, Ethereum, Solana, and Avalanche.
As Astar builds the future of smart contracts for multichain, it’s keen to attract developers and institutional interests. Besides enabling new users and businesses to join Astar, Blockdaemon will collaborate with Astar Network in future hackathons and networking events. Developers building on Astar can deploy their dApps with EVM and WASM smart contracts while offering true interoperability and cross-consensus messaging (XCM).
About Astar Network
Astar Network is The Future of Smart Contracts for Multichain. Astar Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability, with cross-consensus messaging (XCM). We are made by developers and for developers. Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for the code they write and dApps they build.
Astar’s vibrant ecosystem has become Polkadot’s leading Parachain globally, supported by all major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps. To accelerate growth on Polkadot and Kusama Networks, Astar SpaceLabs offers an Incubation Hub for top TVL dApps.
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About Blockdaemon
Blockdaemon is the leading blockchain node infrastructure to stake, scale, and deploy nodes with institutional-grade security and monitoring. Supporting 50+ cutting edge blockchain networks in the cloud and on bare metal servers globally, Blockdaemon is used by exchanges, custodians, crypto platforms, financial institutions and developers to connect commercial stakeholders to blockchains.
Blockdaemon powers the blockchain economy by simplifying the process of deploying nodes and creating scalable enterprise blockchain solutions via APIs, high availability clusters, auto-decentralization and auto-healing of nodes. For more information, please visit https://blockdaemon.com/.
Media Contact:
Itai Elizur
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134720
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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