Home Coins Band Protocol (BAND) Prime Blockchain Funding Fund Woodstock Operates Validator Node on BandChain

Prime Blockchain Funding Fund Woodstock Operates Validator Node on BandChain


Kevin Lu

Specialised multi-asset funding fund targeted on excessive development distributed ledger expertise (DLT) and blockchain venture, Woodstock, is becoming a member of as a validator node on BandChain’s decentralized oracle community. The fund helps a portfolio of main initiatives together with Elrond Community, Marlin Protocol, Holo, Casper Labs, and likewise Band Protocol as a personal investor and strategic accomplice to increase international footprint.

“We’re excited that Woodstock would be the first India targeted BandChain validator node that can energy the information layer for our funding portfolio and different public decentralized networks and functions.”

Himanshu Yadav, Co-founder & Managing Associate of Woodstock Fund

The BandChain Part zero Mainnet at present has 48 trusted and lively validator nodes which are geographically and industrially diversified together with main blockchain infrastructure DevOps/safety corporations, high cryptoasset exchanges and enterprise-grade validator providers that safe a whole bunch of hundreds of thousands in funds.

Woodstock working a validator node on BandChain will enable the Indian and international group to contribute to the BandChain decentralize oracle community underneath a trusted and dependable entity. This can open the doorways to a very international permissionless information layer that helps all blockchain functions and good contract platforms.

Soravis Srinawakoon, CEO & Co-Founding father of Band Protocol

The decentralized finance and good contract platform house is quickly rising. As such, dependable oracle options that dictate the logic and behaviors of such merchandise is significant to make sure that the billions of {dollars} locked up in protocols are secured. We’re excited to have Woodstock’s assist and contribution to lift the diploma of decentralization in Band Protocol’s oracle community that can unlock the subsequent wave of blockchain functions to be inbuilt a trustless and safe method.



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