Blockdaemon, the leading blockchain infrastructure platform for node management, today announced its integration with Blockstack PBC, to support the Stacks 2.0 network. Blockdaemon will provide institutions, corporate entities, and individual developers simple, powerful node creation and management services, professional support, APIs, monitoring tools, back-up systems, and more, making it easier than ever to become a node operator ahead of the launch of the Stacks 2.0 blockchain.
Commenting on the integration, Konstantin Richter, CEO of Blockdaemon, said: “Node management can be costly and burdensome, and our solution frees up developers to do what they do best: innovate and create. With easy to use integrations and interoperability at the core of what we do, we take the hassle out of building and configuring infrastructure. Our integration with Blockstack represents a collective first step towards furthering the industry, and we are aligned with Blockstack’s vision of building Web 3.0, with Bitcoin as the backbone.”
Blockstack’s testnet, Stacks 2.0, expected to be launched later this year by independent miners, represents the biggest step that the network has made toward their mission of building and scaling Web 3, with Bitcoin as the reliable foundation for digital ownership. The testnet enables developers to write expressive smart contracts and experiment with new business models, while benefiting from the security and resilience of Bitcoin.
Stacks 2.0 introduces Proof of Transfer (PoX), a novel mining mechanism that enables the Stacks blockchain to tie its security to the Bitcoin network and incentivizes STX token holders to run full nodes in return for the ability to earn bitcoin (BTC). Blockstack is committed to using Bitcoin as the foundation for Web 3.0, while providing developers with the security and flexibility required to build applications.
The integration with Blockstack will make it easier for participants to run nodes, expanding the Blockstack network, and permitting further access to its novel consensus mechanism. Blockstack will benefit from Blockdaemon’s cutting edge features in deep node management, as well as end-to-end tooling for every stage of the developer life-cycle, including financial reporting, APIs and node monitoring and metrics.
Muneeb Ali, Co-Founder of Blockstack, commented, “Working with Blockdaemon follows our pattern of trying to mature the industry wherever possible. Whether partnering with Algorand to design a more secure smart contract language or anchoring Stacks 2.0 to Bitcoin itself, we are always seeking to build on the most solid ground possible. Blockdaemon further strengthens that foundation by providing robust, professional grade services, and proven infrastructure to developers and to the network, which includes over 400 apps and a growing number of Clarity smart contracts.”
Blockdaemon supports the longevity of blockchain networks by simplifying the process of deploying nodes. Its leading node management platform helps auto-scale blockchain networks securely with enhanced monitoring, back-up systems, HA clusters, APIs and cloud-managed node monitoring of on-premises solutions with their Blockchain Package Manager. Builders looking to interact with public, permissioned-based, and staking networks can connect to 30+ protocols through the Blockdaemon Marketplace. With over 250 institutional customers, Blockdaemon is trusted by the industry’s leading networks, exchanges, enterprises, custodians, developers, and funds including Trust Wallet, Coinfund, Algorand Foundation, Ledger, Slow Ventures, and BTC Markets.
About Blockdaemon
Blockdaemon is the leading blockchain node infrastructure platform, internally ISO 27001 compliant, with enterprise-grade security and backup systems. Supporting 30+ protocols, 70 out-of-the-box node types, and monitoring plug-ins for cloud and on-premises services, Blockdaemon is used by exchanges, custodians, enterprises, financial institutions and 10k+ developers to connect commercial stakeholders to blockchains. Blockdaemon’s mission is to simplify the process of deploying nodes and creating scalable enterprise blockchain solutions via APIs, BYOI, auto-decentralization and auto-healing of nodes.
About Blockstack PBC
Blockstack PBC is the company behind Blockstack, the software for a user owned internet that returns online data ownership to developers and consumers. Founded in 2013 and headquartered in New York City with employees and contractors in Canada, Europe, and Asia, Blockstack PBC is funded and backed by more than $75 million from Union Square Ventures, Y Combinator, Lux Capital, Winklevoss Capital, Naval Ravikant, and others. Blockstack software is open source, with a more than 7,000-strong global community.
For more information, please visit blockstack.org