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ACN Newswire

Moonstake Receives ssv.network Grant to Integrate Decentralized ETH Staking

16 11 月, 2022

SINGAPORE, Nov 16, 2022 - (ACN Newswire via SEAPRWire.com) - Today, Moonstake is pleased to announce we have secured a staking pool integration grant from the DAO-governed SSV Network to integrate ETH staking on the Moonstake Wallet. Moonstake will be integrating SSV's unique architecture to bolster Ethereum decentralization and ensure Moonstake's validator infrastructure is as robust as possible. This will enable a seamless decentralized ETH staking experience for global users, and Moonstake and SSV will also work together to promote our ecosystems through this collaboration.The ssv.network Grants Program is a community-led initiative to fund development teams building decentralized staking applications and services with the intent of promoting and accelerating development and innovation by developers building on top of the network. Proposals to the grant are evaluated on the technical design of the project, the overall quality of the team and its community, and more. Moonstake is thrilled to join the SSV Network Grants Program as a verified top 10 staking provider worldwide and soon support ETH staking.As of 15 September 2022, Ethereum has officially become a Proof of Stake blockchain and the demand for ETH staking is higher than ever. Currently, ETH holders must have 32 ETH and build their own validator infrastructure in order to stake, which requires a high level of technical expertise and maintain a costly infrastructure. Alternatively, non-tech users could stake their ETH by relying on a custodian staking-provider service or centralized exchange. Moonstake and SSV aim to address this issue by providing users with a non-custodial ETH staking solution via Moonstake Wallet using SSV's innovative technological infrastructure. We are proud to uphold our commitment of providing the best staking experience for users worldwide, as well as to finally take the next big step in our promised support plan for the Ethereum Merge and PoS ETH.Mitsuru Tezuka, Founder at Moonstake, says: "Moonstake is happy to have received this grant from the SSV Network and partner up for ETH staking integration. The demand for ETH staking is higher than ever, yet users can only rely on custodial solutions at the moment which takes away from the decentralized experience of crypto and could potentially lead to many security risks. As a verified top 10 staking provider worldwide, we hope to be able to bring even more value to crypto users worldwide by providing a seamless ETH staking experience using SSV's robust technology. We look forward to growing the Moonstake, SSV, and Ethereum staking ecosystems together, as well as promoting the staking industry as a whole through this great partnership."Moonstake started the staking business in 2020 with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently, Moonstake supports 17 leading PoS assets including Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs (Ethereum and Polygon), IOST, TRON, Shiden, FIO, Everscale, and Oasis. Proof of Stake ETH will be the 18th staking coin supported by Moonstake once technical integration is completed.SSV is a fully decentralized open Ethereum staking infrastructure. It provides an open architecture for anyone who wants to run an Ethereum validator; from individual users to staking pools and large institutional staking services. The SSV Network aims to address the main concerns faced with Ethereum staking which include: custody and management of private keys, liveliness and redundancy, single point of failure, security and encryption, as well as decentralization and network governance.Follow us on Twitter and Telegram for the latest updates on Moonstake news!About MoonstakeMoonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/ About Moonstake's staking businessFor the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 17 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.About SSV NetworkSecret Shared Validators (SSV) is the first secure and robust way to split an Ethereum validator key between non-trusting nodes. The nodes do not need to trust each other to carry out their validator duties, and a certain number can be offline without affecting validator performance. The result is a reliable, decentralized, secure infrastructure for Ethereum staking. SSV Network is the decentralized staking infrastructure running the SSV protocol that enables the distributed operation of an Ethereum validator. It is also a reusable and scalable ETH staking infrastructure developers can use to build new staking apps and deploy them quickly and easily. https://ssv.network/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Moonstake Officially Supports The Ethereum Merge

19 9 月, 2022

SINGAPORE, Sep 19, 2022 - (ACN Newswire via SEAPRWire.com) - Today, Moonstake is thrilled to announce that we will officially support the Ethereum Merge. This event marks the full transition of the Ethereum network to Proof-of-Stake and will finally enable users to stake and earn from their ETH assets. We are proud to be one of the first platforms in the world to officially support the new Proof-of-Stake ETH.The Ethereum Merge will undoubtedly bring about exciting developments for the market as well as many benefits to crypto users. We have an insight article on the impact of this event and why you should care here( https://moonstake.io/everything-about-ethereum-merge/) , so check it out if you're interested. Moonstake users do not need to take any action to access the new Proof-of-Stake ETH. All your ETH funds on Moonstake will remain secure when the Merge takes place.Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Since March this year, Moonstake has also entered DeFi together with the newly launched DeFi platform, Muse.Finance, who has begun releasing its core DeFi products which are all scheduled to be integrated into Moonstake platform to enable advanced DeFi connectivity for our global users.Established in July 2015, Ethereum has long been leading the industry with Bitcoin as the most popular digital assets. The Ethereum network is has been running on the Proof-of-Work consensus algorithm like Bitcoin since its inception, but is now changing to Proof-of-Stake. Benefits of The Merge include a massive 99.95% reduction in the network's energy consumption and eventually, lower fees and faster transaction speed for users as the upgrade will set the stage for future scaling upgrades including sharding. Moonstake Wallet has always supported the staking assets available on the Ethereum chain such as ORBS and CENNZ. By becoming one of the first platforms to support Proof-of-Stake Ethereum, Moonstake is further demonstrating its commitment to providing the best experience for crypto users.About MoonstakeMoonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/ About Moonstake's staking businessFor the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 17 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.About EthereumEthereum is a technology for building apps and organizations, holding assets, transacting and communicating without being controlled by a central authority. There is no need to hand over all your personal details to use Ethereum - you keep control of your own data and what is being shared. Ethereum has its own cryptocurrency, Ether, which is used to pay for certain activities on the Ethereum network. https://ethereum.org/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

SeaPRwire

Seedify announces cross-chain integrations with the Ethereum network to boost growth

22 8 月, 2022

VICTORIA, SEYCHELLES, August 22, 2022 – (SEAPRWire) – Seedify announces cross-chain integrations with the Ethereum network to boost growth. Ethereum is the second largest blockchain project in the world in market capitalisation, preceded by Bitcoin. Powered by the Ether (ETH) token, Ethereum enables the holding of digital money, global payments, and decentralised applications. Holders of Ethereum can stake, use and store non-fungible tokens (NFTs), trade cryptocurrencies and play blockchain games. As a result, it has predominantly been the most popular network for new blockchain entrants, as well as NFT users. While Bitcoin’s market supply is capped at 21 Million BTC, Ethereum is uncapped, and a new Ethereum block is created every 14 seconds. The long-awaited Ethereum merge (software update) will most likely occur in September this year; this will be the largest fundamental shift in the history of crypto. Unlike Bitcoin, which has a fixed expansion rate, Ethereum expands according to demand. Unfortunately, due to the increase in demand, the network has suffered an immense increase in traffic and uncontrolled spikes in gas fees (transaction fees). The merge will ultimately alleviate these bottlenecks, making the network even more secure and less energy intensive. As Seedify eagerly waits to see one of the biggest moves forward in the crypto industry so far, it is also prepared to integrate with the upgraded Ethereum network by opening a parity pool between its native token, $SFUND and Ethereum ($SFUND/ETH). Seedify is one of the crypto industry’s leading notable launchpads and incubators. They empower innovators and project developers through access to funding, community and partnership building, and a complete support system to help bring premier blockchain games, NFTs, and metaverses to its community through events called IGOs (Initial Gaming offering) and INOs (Initial NFTs offering). These events are a true treasure to crypto investors due to the high ROI potential that these tokens and NFTs carry. $SFUND, Seedify’s native token, has been among the top 7 coins outperforming the market in July and has been listed as one of the top 10 fastest-growing coins on multiple charts. The integration will enable Seedify to expand its community, reach new audiences and enable easy adoption for new holders, stakers, and farmers to their ecosystem. With the multichain support provided, anyone using the Ethereum network will be able to adopt Seedify utilities much faster, thus adding an extra layer of growth to boost their utilities and $SFUND. $SFUNDS main utilities include: Participating in IGOs and INOs on Seedify’s platforms.Staking or farming to earn passive income.Qualifying for free incubation tokens via the seed staking feature. On the back of $SFUND’s success, Seedify has recently announced its NFT Launchpad and created $SNFTS, a utility token that will be listed on 31 August 2022; this token will add more utilities to the robust environment Seedify is building. To extend the reach of Seedify’s ecosystem, they will also be adding $SFUND/ETH farms very soon to ensure the liquidity of $SFUND on Ethereum provides a healthy trading economy. Seedify will also be holding surprise events to boost the exposure of $SFUND to Ethereum native users to increase the visibility of $SFUND on the Ethereum network. For PR inquiry, please contact info@finpr.agency, https://finpr.agency Social Links Twitter: https://twitter.com/SeedifyFund/ Telegram Announcement: https://t.me/seedifyfund Telegram: https://t.me/seedifyfundofficial Medium: https://seedifyfund.medium.com/ Media Contact Brand: Seedify Fund Contact: Laura Mallory, PR and Content Marketing Manager E-mail: laura@seedify.fund Website: https://seedify.fund/ SOURCE: Seedify Fund The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)