LinkPool Integrates with Chainstack
LinkPool integrates with Chainstack to facilitate entry into the Chainlink Oracle Network. LinkPool is a third-party Chainlink-focused company, ecosystem developer, and node operator that is engaged in developing the tools and the infrastructure for node operators on the network.
Additionally, LinkPool aims to break down the barriers to participation in the Chainlink Network through its staking and infrastructure services and to increase transparency in the network through the Chainlink Market analytics platform. The company was founded shortly after the Chainlink token offering in 2017. It is also one of the first independent node operators that went live on the Chainlink mainnet in June 2019.
LINKPOOL FUNCTIONS
For retail users, LinkPool has developed a set of pooled staking contracts. When staking goes live in the Chainlink Network, retail holders will have the ability to explicitly stake their LINK in a trustless manner onto a node. Payouts will be made proportionally to the total amount of staked LINK. Each user has put up collateral in the node based on the specifics of the underlying service agreement.
This enables participation by retail LINK holders and contributes to further securing the Chainlink Network. LinkPool also helps onboard enterprises into web3. Integrating Chainlink into their existing processes. Creating custom integrations for new types of data, and providing infrastructure consultation.
LinkPool was initially part of the group of three nodes behind the launch of Chainlink’s mainnet. It has since evolved its business model entirely and scaled up the Chainlink Market into the analytics powerhouse that it is today.
This development journey led LinkPool’s growth from a supporting revenue generator to a fully-fledged Node-as-a-Service (NaaS) platform. Manages node operations for both small players and enterprise customers within the Chainlink network.
THE LINKPOOL AND CHAINSTACK INTEGRATION
LinkPool needed a robust full node provider. Could serve as a backup to fill any void at a moment’s notice in the event there was ever a disruption within LinkPool’s internal full node network. On top of that, the provider needed to offer a flexible payment plan that could meet LinkPool’s demanding usage requirements. An optimal cost without major impacts on profitability.
It was not only performance and cost that the LinkPool team was looking for, though. Because of their active engagement in the development of Chainlink’s infrastructure, their development team sought a responsive provider whose founders would be interested in going the extra mile, as well as working together with LinkPool in expanding and improving the products and services they needed. After a thorough search and evaluation of possible options, LinkPool discovered Chainstack as the provider that offered the best experience.
How does Chainstack’s offer match LinkPool’s needs?
LinkPool uses a range of third-party full node providers for backup proxy purposes that are regularly evaluated and regulated. Despite the constant scrutiny, however, Chainstack has maintained a prime position in LinkPool’s ranking list, never moving an inch from the top, serving as their go-to option for RPC node provision.
Chainstack has scored highly not only in terms of performance but affordability just as much in the eyes of the LinkPool development team. Being able to connect to multiple nodes across protocols without additional charges to Chainstack’s total usage cap was a welcome sight to them. On top of that, the generous calls quota to archive nodes that LinkPool tends to use frequently made Chainstack stand out from competing providers. Became a perfect fit for the platform’s needs.
POSITIVE OUTCOME
After integrating the platform’s services with Chainstack’s robust full node infrastructure, LinkPool saw unparalleled up time, even under stressful network conditions. In doing so, LinkPool experienced the required stability needed for the effective operation of the platform.
“After extensive and ongoing evaluation, we’ve found Chainstack’s services are the most reliable, and cost-effective, and have the support necessary to use as our primary backstop when operating Chainlink nodes.” — Ian Read, Director of Operations, LinkPool
“The oracle problem is one of the most critical questions in Web3 development and its successful resolution is not only a matter of protocol but supporting infrastructure just as well. That is why it is such a pleasure to work with initiatives like LinkPool which have taken the enormous responsibility of facilitating the development and successful operation of the oracle protocol, integral to the DeFi boom.” —Eugene Aseev, Founder & CTO, Chainstack
ABOUT CHAINSTACK
Chainstack offers a variety of deployment options, allowing you to deploy on any cloud or in a hybrid environment. We give you the choice, of removing technology lock-ins so that you and your solution can be truly agile.
ABOUT LINKPOOL
LinkPool is a Chainlink service provider. With the primary goal of lowering the barrier of entry to meaningfully contributing to the Chainlink Network.
