Who is helping Lombard run BTC Staking behind the scenes? Lombard doesn't have its own nodes; instead, it has brought in some of the industry's most knowledgeable players in staking for finality confirmation, using the highest industry standards to run Bitcoin staking. Currently, there are four: ※ Figment: An old acquaintance in ETH PoS, has done over 700 institutional stakes. ※ Galaxy: Manages $4.2B in assets, providing a full range of staking, collateral, and liquidity services. ※ Kiln: Assists major institutions like VanEck and Fireblocks with staking, handling 4.8% of the entire ETH network. ※ [Chain], with over $5B in staking, a veteran in PoS. These companies work together to maintain the Babylon Genesis chain and the subsequent PoS networks (such as TAC, BOB, Corn, etc.). ▰▰▰▰▰ Why is this important? Simply put, with these Finality Providers: ※ Users can stake without complications; it's still a one-click operation. ※ The backend execution structure is more stable, not a single point but a multi-party consensus and redundancy. ※ The risk of issues is lower, as each has independent facilities and security protections. ※ In the future, more validation nodes can be added; the system is open and scalable. This is a typical correct posture for Web3! Handing over the key execution layer to truly capable third parties while retaining protocol control—this is Lombard!
Show original
29.51K
250
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.