Network - Ethereum
Date Launched - 20th Dec 2020
What is Strong Block?
StrongBlock, the pioneer in Nodes-as-a-Service (NaaS) offerings that reward node creators for their participation, is excited to announce it will soon be launching full blockchain nodes for Fantom, a layer 1 EVM-compatible platform. StrongBlock’s mission is to provide non-technical users the ability to launch and operate full blockchain nodes to increase blockchain strength, incentivizing them with STRONG and native protocol tokens. StrongBlock provides a significant opportunity for expansion and support of the Fantom network.
Blockchains are decentralized ledgers. The decentralization occurs through many points - miners and nodes - that each hold a full set of transactions.
Miners record transactions and synchronize them with other miners, upholding the integrity of the blockchain. Miners are compensated.
Nodes are responsible for keeping a full, up-to-date copy of all blockchain transactions, and providing access points where that full copy can be quickly accessed by blockchain applications. Nodes are typically not compensated.
Previous to StrongBlock's Nodes-as-a-Service, running a node required knowledge of blockchain coding, as well as having a server able to run the node reliably throughout the day.
Nodes need to be upgraded as well, requiring knowledge of the upgrade and re-sync process on the blockchain.
By automating all of these processes, we make it possible for anyone to participate in the blockchain revolution.