[PRESS RELEASE – Please Read Disclaimer]
Hong Kong, Dec. 22, 2020 – Following the announcement of Crossfire, the Crypto.com Chain mainnet dry-run, Crypto.com today enlisted Bison Trails to provide Validator node infrastructure support on the Crypto.com Chain. With a robust infrastructure platform that decentralizes nodes across cloud providers and regions, Bison Trails will enable Validator nodes to sign transaction blocks with low latency and high throughput on the Crypto.com Chain.
Crypto.com and Bison Trails will work together to support popular protocols such as Cosmos, Tezos and Diem. Bison Trails will remove many of the technical requirements Validators need to run their nodes on proof of stake networks where the risk of slashing is present.
To participate in proof of stake networks like the Crypto.com Chain, a robust infrastructure and technical skillset is required. Bison Trails’ easy-to-use platform allows anyone to participate without requiring deep engineering, protocol, dev-ops or security knowledge, easing the ability of Validators to run nodes on the Crypto.com Chain as it enters its final phase before public mainnet launch.
Kris Marszalek, CEO of Crypto.com, said: “Attracting Validators to help stress test our mainnet is vital to a successful rollout, and removing technical barriers in the way of running their nodes is critical. We chose to work with Bison Trails because of their skill with distributed systems and robust infrastructures. Their node clusters are built on a multi-cloud, multi-region foundation spread across four continents, and are able to withstand cascading failover events.”
Joe Lallouz, CEO of Bison Trails said: “We’re excited to support the Crypto.com Chain as it uses battle-tested innovations like Tendermint consensus to build the new financial infrastructure to support Crypto.com’s fleet of offerings and services and advance crypto adoption worldwide.”
Crossfire, The Crypto.com Chain Mainnet dry run was announced last week and will run through 15 February 2021. Participating Validators will compete with each other while completing tasks; top Validators will share a prize pool of USD 300,000 in CRO.
Crypto.com was founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. Crypto.com serves over 5 million customers today, providing them with a powerful alternative to traditional financial services through the Crypto.com App, the Crypto.com Visa Card, the Crypto.com Exchange and Crypto.com DeFi Wallet.
Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks. Crypto.com is headquartered in Hong Kong with a 700+ strong team. Find out more by visiting https://crypto.com.
About Bison Trails
Bison Trails, the premier infrastructure as a service company provides an easy-to-use platform to launch and run highly-available nodes on any blockchain network effortlessly. Based in New York City, Bison Trails offers geographically distributed infrastructure for the pioneers of tomorrow, to secure networks, and enable the entire blockchain ecosystem to flourish.