Stakin Joins Zilliqa as a Staked Seed Node Operator

Zilliqa

Aug 24, 2022

3 min read

Stakin Joins Zilliqa as a Staked Seed Node Operator

With great pleasure, we announce that Stakin is now part of the Zilliqa Staked Seed Node (SSN) Operator set. As a SSN operator, Stakin will support the network with reliable infrastructure and help further develop the blockchain ecosystem. Zilliqa is a scalable smart contract platform to address the blockchain industry's congestion problem. Zilliqa employs a novel sharded architecture to achieve parallel transaction processing while maintaining a large number of public nodes. As a result, Zilliqa is a blockchain capable of high throughput and complex computations while remaining decentralized and secure.

Zilliqa launched in 2017 when its founders created a high-throughput public blockchain platform designed to scale thousands ​of transactions per second. As blockchain technology evolves, its efforts are centered around streamlining the efficiency, trust, and transparency of Web 3.0.

Zilliqa’s native digital asset is referred to as $ZIL. This native cryptocurrency is used for transaction purposes, transfers, contract execution, staking and governance. By staking $ZIL, users can take part in decentralized governance and earn staking rewards for their participation in securing the network. Within the ecosystem, validators are referred to as Staked Seed Node Operators. Delegators can delegate their funds with an SSN to support their operations on the network (a minimum of 10 $ZIL is required for delegators to participate).

Matt Dyer, Chief of Staff, Zilliqa: “We are thrilled to partner with Stakin to further decentralize our network and offer more users to participate in the securitisation of our blockchain. Stakin has a demonstrated expertise with more than 3 year track record operating across a broad range of blockchains, and we are excited to have ZIL staking made available on their dashboard”.
Edouard Lavidalle, Co-Founder and CEO, Stakin: “We are very excited to launch our staking service for Zilliqa and join the active staked seed nodes. Zilliqa is a leading layer 1 blockchain with the first public implementation of both sharding and schnorr signature. We look forward to providing staking for both institutionals and individuals on Zilliqa with our reliable and secure infrastructure.”

Stakin, as a trusted and experienced validator for many other projects such as Solana, Ethereum, Cosmos, and NEAR looks forward to further expanding the Zilliqa ecosystem and promoting the solutions offered.

About Stakin

Stakin is an infrastructure operator for Proof-of-Stake (PoS) public blockchains, offering noncustodial delegation services. The company enables PoS cryptocurrency holders to earn interests on their holdings and participate in decentralized governance while remaining in possession of their cryptocurrencies.

Stakin serves institutional crypto players, foundations, custodians, and exchanges, as well as a large community of individual token holders. Driven by institutional customers and community demand, Stakin provides services for multiple blockchains, including the other leading ecosystems such as Ethereum, Cosmos, Solana, Polygon, Polkadot, and more.

For more information about Stakin, visit the Website, Twitter, Blog, or join the Telegram and Discord community.

About Zilliqa

Zilliqa provides highly-performant, scalable, and secure blockchain solutions for enterprises and decentralized applications.

Founded in 2017, Zilliqa was developed by a team of global business and industry experts, experienced scientists, leading engineers, financial services specialists, and venture creators. Zilliqa’s mission is to become the blockchain destination of choice for building and developing Web3 applications. Committed to developing innovative and scalable blockchain solutions with a user-centric approach, Zilliqa is working to catalyze and transform digital infrastructures across global communities and industries. Businesses and brands across the world are leveraging Zilliqa's technology to build applications that support their strategic growth and scale their business — from financial services to entertainment, esports and gaming, and digital advertising.

To date, the Zilliqa blockchain has processed over 40 million transactions since launching its main net and is home to a flourishing decentralized application ecosystem of over 250 projects.


DISCLAIMER: This is not financial advice. Staking, delegation, and cryptocurrencies involve a high degree of risk, and there is always the possibility of loss, including the failure of all staked digital assets. Additionally, delegators are at risk of slashing in case of security or liveness faults on some protocols. We advise you to do your due diligence before choosing a validator.

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