InfStones Join Fetch.ai as Genesis Validator
Apr 16, 2021
The v2.0 of Fetch.ai Mainnet which launched on 31.03 is a major step towards building an AI-powered blockchain that allows businesses and individuals to deploy Autonomous Economic Agents (AEA). It includes key updates to components of the ecosystem including the Ledger, Agent Framework, SOEF (Simple Open Economic Framework), Collective Learning, and the FET Token.
To ensure the network is operating properly, we onboarded several experienced validators who agreed to operate the network. One of the Genesis validators we are proud to partner with for our Mainnet 2.0 network is InfStones. As part of that partnership InfStones will be providing institutional-grade staking and validator node services, as well as general support helping Fetch.ai expand and grow it’s network to reach a broader community. To go into further detail, the Fetch.ai v2.0 ledger is being built using the Cosmos-SDK and will offer full interoperability between Fetch.ai’s native token (FET), other IBC-compatible chains, and the ERC-20 token via a Gravity-based interchain bridge. The Fetch.ai ledger is set to include a decentralized random beacon (DRB), and the integration with Tendermint will result in secure consensus, compact multi-signatures for reducing storage costs, and a slot Proof-of-Stake consensus (sPoS) that reduces computational burden and protects validators from operating nodes at a loss.
Fetch.ai’s overall goal is to transition from the current centralized, siloed economy, based on a network of intermediaries implying a lost of costs, and on a lot of error-prone and time wasting manual operations, to a smarter, automated ecosystem and economy, based on intelligent machine-to-machine communication and payment system. The ecosystem to come will be more efficient and more convenient, quicker, cheaper for everyone, and let people focus on what really matters for them and what only humans can do.
Besides InfStones, several other experienced validators have also agreed to operate the Fetch.ai network with links to their company websites displayed in our block explorer.
- If you’re interested in delegating your stake to the validators or to begin staking on the Mainnet 2.0, here is a guide which explains the process in detail.
- If you’re interested in learning how the roadmap for the next six months, and most importantly the tokenomics of the blockchain and how staking will evolve over the coming months, here is a guide explaining in detail as well as outlining how you can get involved.
Fetch.ai is building a decentralized machine learning platform based on a distributed ledger, that enables secure sharing, connection and transactions based on any data globally.
And for anyone to be able to bring their part to building this decentralized ecosystem and economy better and faster, it also provides the right open-source infrastructure and development tools to do so.
InfStones is the world’s leading blockchain infrastructure company with offices in multiple cities around the world. The company’s core team is comprised of senior engineers and business leaders from established companies in the hi-tech and financial industries.
InfStones is dedicated to bringing down the threshold to connect with blockchains, allowing clients to easily build their applications on top of hundreds of blockchain networks of their choice. Currently, InfStones is providing services to large institutional clients around the globe, supporting thousands of nodes on 50+ Public Blockchains.
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