Figment, the world’s leading provider of blockchain infrastructure, now offers Non-Custodial EGLD delegation services on Elrond Network.
Leading Canadian Blockchain Figment Is Now Offering Non-Custodial EGLD Delegation Services
Elrond is excited to announce that Figment now offers Non-Custodial EGLD Delegation Services, their well-established validator experience on Proof-of-Stake protocols to offer highly reliable & secure staking services within the Elrond Network.
Figment is a Canadian-based blockchain infrastructure provider that has an industry-leading role in developing next-gen products and services designed to remove the complexities, making it simple to use and build on top of blockchain networks, with a strong focus on PoS protocols.
Figment recently deployed staking pool already has 22 validator nodes, make sure to check them out here https://explorer.elrond.com/identities/figmentnetworks
“As the Elrond ecosystem continues to expand, we are seeing a growing demand for top-notch infrastructure solutions and Figment is leading the charge with their impressive experience in the field. We are happy to see such professional blockchain infrastructure operators leverage their unique capabilities to power the ecosystem and drive it forward.“ said Lucian Mincu, Elrond Network CIO
Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations. A novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm. Enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
Figment are one of the world’s leading providers of blockchain infrastructure. At Figment, their mission is to support the adoption, growth and long term success of Web 3. This is Figment’s unique approach: making it simple to build on the next generation of blockchain technology.