Leading crypto staking network announced on Friday that it had pulled validation service provider Chainflow on the platform. The official tweet stated that they would utilize Chainflow’s validator node and take its help to perfect their staking strategy.
We are thrilled to welcome @ChainflowPOS, one of the most respected validators in the industry, into our growing network of top-tier validators!
Chainflow will be running a Matic validator node & assisting us to perfect our staking strategy.
Read more: https://t.co/8PFxoq1n2Q pic.twitter.com/Ikt25k1mIK
— Polygon | Aggregated (@0xPolygon) June 12, 2020
According to a blog posted on the website, Chainflow will now be a part of Matic’s decentralized network of validators, which itself is a part of the platform’s consensus mechanism. The integration will allow MATIC tokens holders to validate their tokens for staking via Chainflow’s validator node. Commenting of the integration, Chris Remus, Founder of Chainflow said,
Crypto staking is a relatively new concept; however, it has gained significant traction in the past few years. Matic Network, being one of the leading names in this segment, will further benefit from the integration with Chainflow. The validation operator currently caters to reputed PoS networks like Cosmos, Livepeer, and Solana.
Matic Network recently launched its mainnet, apart from taking big strides in terms of expansion. It recently partnered with Indian IT giant Infosys, and also integrated with the LTO Network.
