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.
Tezos smart contracts provide safety and code correctness required for assets and other high value use cases. Its native smart contract language, Michelson, facilitates formal verification, a methodology commonly used in mission-critical environments such as the aerospace, nuclear, and semiconductor industries.
Liquid Proof of Stake
For those staking on Tezos, the Liquid Proof of Stake consensus used by the blockchain enables users to instantly have access to their funds whenever they like. There is no bonding or un-bonding period associated with staking on Tezos.
On-chain governance and upgradeability
All stakeholders can participate in network upgrades by evaluating, proposing, or approving amendments. Unlike in Proof-of-Work and other Proof-of-Stake networks, all stakeholders can help to secure the network (via baking or delegating), and avoid being diluted by inflation. Tezos’ modular architecture and formal upgrade mechanism allow the network to propose and adopt new technological innovations smoothly as they emerge.
Frequently Asked Questions
What does the Tezos(XTZ) token do?
XTZ is a token used by the Tezos Network to pay gas (transaction) costs on the Tezos blockchain. Gas is needed to pay for transactions related to XTZ and other token transfers as well as interacting with Tezos smart contracts. XTZ is also the staking token used to delegate to bakers (validators) on the network.
How does Tezos(XTZ) staking work?
Bakers, otherwise known more broadly as validators, secure the Tezos network. Holders of XTZ can delegate their stake to bakers and will receive a proportional amount of rewards from the baker’s activities based on how much they stake. Tezos uses Liquid Proof of Stake, which unlike on many other popular blockchains has no lockup period, otherwise known as a bonding period. If a staker wishes to delegate their stake to another baker or anything else they do not need to wait to do so.
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