Blockchain infrastructure company BisonTrails has launched support for the Cosmos ecosystem, enabling its customers to stak and launch nodes for the Cosmos blockchain ecosystem.
Bison Trails offers services that simplify the blockchain participation process, such as staking and launching full nodes. The company's clients include depositories, exchanges and funds, with Bison also helping Web 3.0 applications connect to blockchain data. In January, the company partnered with COINBASE to offer services under the umbrella of the US exchange.
Bison customers can now use the company's infrastructure to stake and delegate their tokens using "participation clusters," earning transaction fees and rewards while securing the Cosmos network.
Bison's participation clusters include two security-enhancing components - validation nodes that are hosted on a private network, and "sentry nodes" that connect said validation nodes to the public blockchain network. The clusters are deployed using remote hardware security modules to ensure that the validators' private keys do not interact with the public Internet.
Cosmos consists of a decentralized ecosystem of parallel blockchains based on Cosmos' open-source Tendermint protocol to facilitate intercommunication between parallel chains.
Last month, Cosmos launched its inter-blockchain communication protocol, or IBC, Stargate, to facilitate interoperability between blockchains built using Cosmos' Development software and other blockchain networks.
As anticipation for the release of Stargate grew in February, Cosmos' ATOM token reached new all-time highs above $10 before rising to $26 when the protocol was launched on Feb. 18. Since then, ATOM* has retreated nearly 30% and currently costs $18.50.
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