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Blockdaemon is the Total Node Management Solution
Blockdaemon guarantees peace of mind, as you never have to worry about maintaining or upgrading your nodes ever again — we look after all of that for you. Our finger is constantly on the pulse of each blockchain we support to ensure all of our nodes remain perfectly healthy. Our extensive experience across protocols lets us expertly monitor, repair and replace nodes where protocol level errors may occur. For any protocol updates needed, we look after these in advance so you never see any disruption in service.
Enterprise Level Security
Security is our top priority here at Blockdaemon. All nodes purchased through us are 100% customer dedicated. This means your node is yours exclusively. You’ll enjoy a dedicated node which has a unique address, its own unique connection and authentication key. Furthermore, these are never reused. We ensure your node is not open and exposed to anyone on the internet. Any nodes you’d like to add on additionally can be done so quickly and easily as well!
A Trusted Partner
Blockdaemon is by your side on your blockchain journey. We are the only infrastructure platform for blockchain nodes which offer multi-cloud and multi-geographical support, with just a few clicks. Want custom configurations and branded experiences? No problem, we provide a unified, whole-org, collaborative rollout to manage a complete network. Whatever your needs, we will work closely with you to deliver the solution you need.
Cosmos is a decentralized network of independent parallel blockchains, each supported by a BFT consensus algorithm. The goal of Cosmos is for each blockchain to be interoperable with one another. These blockchains remain self-sovereign and process transactions quickly, all while communicating with other blockchains in the ecosystem via IBC (Inter-Blockchain Communication) protocol.
Cosmos’ Tendermint consensus algorithm enables instant finality. Forks that slow down transactions in traditional Proof of Work systems are avoided, as long as more than one third of validators are honest. Users can rest assured that their transactions are finalized as soon as a block is created.
Public and Private Functionality
Tendermint enables networking and consensus, across both public and private blockchains. A permissionless, public blockchain is possible when random validators are elected based on their tokens at stake - Proof of Stake (PoS). A private and permissioned blockchain can be built when a pre-authorized set of entities can be validators. Developers can decide which one they want to build on Cosmos.
Frequently Asked Questions
Staking the Cosmos native asset ATOM isn’t without risks. If a validator goes down or doesn’t perform well, that validator’s ATOM may be forfeited. Having a well performing validator is necessary to ensure return on investment and reduce the risks of slashing.
Staking rewards are generated and distributed to ATOM holders through two ways. The first way is through transaction fees collected on the Cosmos Hub. The second way is through newly minted ATOM. The total supply of ATOM is inflated to reward stakers.
Tendermint is both a consensus engine and a BFT consensus algorithm used by Cosmos. State-machines can be built in any programming language on top of Tendermint, which takes care of replicating it.
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