Bison Trails Added Support for Features of Ethereum 2.0

Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.
  • Recently, the Libra Association partner Bison Trails announced support for features of ETH 2.0.
  • However, Bison Trails is suitable for the users with more than a single node that is worth to stake ETH.
  • Moving further, the CEO of Bison Trails, Joe Lallouz stated the benefits of accepting ETH2 in the crypto ecosystem.

Recently, the Libra Association partner Bison Trails announced support for features of ETH 2.0. As per the official announcement released by the firm it is going to offer a set of enterprise products. That will permit users to interact with Beacon Chain, stake Ether, and to manage validators, validator clients, and beacon nodes automatically.

Bison Trails suitable for users with more than a single node

The Ethereum 2.0 will be based on the PoS (Proof of Stake) model. That will remove miners from the equation, sharding, and other technologies. With this, the speed, transaction, and decentralization of the network will be increased. Apart from this, the amount of power used by Ethereum will also be reduced.

However, Bison Trails is suitable for the users with more than a single node that is worth to stake ETH. The firm will provide remote hardware and service to many nodes as required. Bison Trails further notified that its software will manage the client infrastructure automatically.

Moreover, Phase 0 of Eth2 Beacon Chain is scheduled to be launched this fall. Besides this, Eth2.0 will utilize the Bison solution to switch from proof-of-work to proof-of-stake.

A new scalability options for the protocol

Moving further, the CEO of Bison, Joe Lallouz stated the benefits of accepting ETH2 in the crypto ecosystem and whose benefits will bring new scalability options for the protocol.

Furthermore, the network will reward validators a 23% on ETH, the CEO added. That will represent a much higher potential return than the alternative uses of ETH.

The firm has already integrated with Cleo, Polkadot, and Solana that are blockchain providers working on different decentralized computing models introduced by Ethereum.

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