What is Consensus Networks?
Simply put, blockchain infrastructure is what we do. We create custom, blockchain dedicated infrastructure optimized to the needs of developers. Our truly distributed network offers military grade security as well as high throughput, low latent connections to provide developers with the support they need.
We are excited to bring our LedgerOps expertise to Cosmos and are eager to serve you as a Validator!
What is Cosmos?
Cosmos uses an InterBlockchain Communication Protocol similar to TCP/IP to create a network of blockchains that are interoperable and can communicate with one another in a decentralized way. This framework addresses the current shortcomings of blockchain scalability and interoperability to date.
Their modular, intuitive SDK framework is built on the Tendermint Byzantine Fault Tolerant Protocol and allows users to create application-specific blockchains with ease and without having to code the functionality from scratch.
What is a Validator?
A Validator is responsible for relaying transactions and proposing, verifying, and finalizing blocks on Cosmos. They also play a critical role in the evolution of the network by voting on governance proposals using their stake.
We take our role as a Validator seriously and strive to provide the best service possible to those staking on our platform and the Cosmos community as a whole. We know the maintenance and security of the network as a whole falls on us and are eager to serve this exciting role in the Cosmos network.
Let Us Reward You
We are extremely appreciative of those choosing to stake their Atoms to us as a Validator and want to show our gratitude by sharing our rewards with you!
Consensus Networks will only take a 10% rewards cut, and share the remaining 90% of Atoms we receive with our stakers. Read a more detailed description of what these rewards systems will look like below!
We truly appreciate you choosing us to stake your Atoms to as you explore the new frontiers of blockchain with Cosmos. Below is a detailed plan of how we will allocate and distribute rewards to those staking on our platform.
Our Technical Specifications:
Our Validator will have the following specs:
- 4 cores @ 3.4 GHz
- 8 GB RAM
- 100 GB SSD
- 100 MB internet
As a blockchain dedicated infrastructure provider, Consensus Networks has the ability to leverage both cloud and physical infrastructure. Initially we will utilize cloud-based environments, but plan to transition everything onto physical hardware in our data centers. We believe this is a necessary approach in order to maximize security and network uptime as the Cosmos Network grows.
Rewards Distribution
We will distribute 90% of the rewards we receive to Cosmos members staking on our platform. These Atoms will be distributed proportionally to the amount a user stakes on our Validator, so the more you stake the larger your return!
We also plan on working alongside the Cosmos community to build SDK tools that will assist developers in building the internet of blockchains! We are eager to be a part of the Cosmos Community and let us know how else we can support you.