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Bison Trails Newsletter 007 • August 2020

In August, we announced our integration with Coinbase Custody to enable secure SOL staking, our Double Signing Protection software, and we published an updated guide to the NuCypher WorkLock.

Bison Trails Newsletter 007 • August 2020

Sep 16 2020 By Mark Forscher

In August, we announced our integration with Coinbase Custody to enable secure SOL staking, our innovative Double Signing Protection software, support for all Flow node types, and we published an updated guide to the NuCypher WorkLock. Read on!


Company News

Bison Trails + Coinbase Custody + Solana

1. Coinbase Custody and Bison Trails Enable Secure Staking of Solana (SOL) Tokens

By extending our Coinbase Custody integration SOL token holders can participate in the network by staking with secure offline storage of their assets. Read more: Decrypt, Cointelegraph

"We are excited to offer our clients an effortless way to stake on the new networks they care about most. With our Bison Trails integration, it has never been easier to earn staking rewards on Coinbase Custody."

—SAM MCINGVALE, CEO OF COINBASE CUSTODY

2. With Double Signing Protection, Bison Trails is Minimizing Risks of Blockchain Participation

Under development for the better part of a year, Bison Trails’ Double Signing Protection software addresses one of the biggest risks of participating in a Proof of Stake blockchain network: slashing penalties if a validator double signs blocks. Read more: Modern Consensus

“Our double signing protection software solves a huge problem for network participants and enables our company to provide stronger guarantees over time. This software innovation reduces the risk of running nodes on our platform and is a step forward for Bison Trails in offering innovative software controls.”

Joe Lallouz —JOE LALLOUZ, CEO OF BISON TRAILS

3. Bison Trails Announces Support for Flow and All Node Types

Flow—developed by Dapper Labs—is a solution to blockchain scalability in consumer applications like games and digital collectibles. Bison Trails will support all five of Flow’s node types to help secure and bootstrap the network. Read more: Cryptonomist

“I am very proud to count Bison Trails as one of the top firms supporting Flow’s public mainnet. We've been consistently impressed by the Bison Trails team's speed, professionalism, and attention to detail at every step – welcome onboard”

—ROHAM GHAREGOZLOU, CEO / FOUNDER OF DAPPER LABS

4. Our Guide to the NuCypher WorkLock is Now Available

The WorkLock, a novel node distribution mechanism used to launch the NuCypher network, began on September 1, 2020. It allows participants to lock ETH to a smart contract, receive NU tokens, run NuCypher (Ursula) nodes, and receive fees, rewards, and their ETH back in return for providing useful work to the network. The bidding period ends September 28. Read the WorkLock guide to learn more.


Upcoming Event

NuCypher + Bison Trails WorkLock Event

On Monday September 14, 2020 at 11am ET, MacLane Wilkison (Co-founder and CEO of NuCypher), Aaron Henshaw (Bison Trails’ Co-Founder and CTO) and Viktor Bunin (Protocol Specialist at Bison Trails) held a virtual event and Q&A on the WorkLock NU token distribution and how you can participate. Watch the event replay now!


Meet the Herd

Each profile in Bison Trails’ “Meet the Herd” series is the story of a member’s professional path: how they started their career and made their way to the world of blockchain.

Paul Hurlock-Dick

Meet the Herd: Engineering Manager Paul Hurlock-Dick

Paul shares his thoughts on the secret to shipping great product experiences and reveals how a serendipitous meeting with an old friend inspired him to join Bison Trails. Read more

Melissa Meister

Meet the Herd: People and Development Manager Melissa Meister

Melissa shares her outlook on People and Development, kindness in interviews, and maintaining a value-based culture as the company continues to grow. Read more

Rob Christensen

Meet the Herd: Head of DevOps Rob Christensen

Rob demystifies DevOps, explains how he leads a remote team with empathy, and details the mischievous origin of his interest in technology. Read more


MORE FROM THE HERD

  • With 99.053% community support, our Livepeer governance proposal passed! So, what happens now? We asked Protocol Specialist Viktor Bunin for context.
  • Finance Magnates spoke to Joe Lallouz about Bison Trails’ beginnings, the impact of price movements, and the growth of the DeFi space.
  • Bison Trails is honored to serve on the recently announced NEAR Validator Advisory Board alongside our customer ZKValidator.
  • As a Proof of Stake Alliance (POSA) member, Bison Trails is committed to encouraging the growth of the staking ecosystem and these principles we hope are adopted more widely by service providers.
  • Our Guide to Keep Active Participation was translated into Russian for this video
  • Evan Weiss, Head of Business Operations, breaks down the need for collaboration in the blockchain community in order to help evolve regulation for PoS networks during this TQuorum session.
  • As one of the judges in Playing for Keeps, Viktor Bunin helped award part of the 7M Keep in Prizes.

“With mining, token ownership and security of the network are divorced, but in proof-of-stake networks token holders have to help secure these networks. And so these rewards affect nearly every token holder now. It is such a tax headache.”

Evan Weiss —EVAN WEISS, HEAD OF BUSINESS OPERATIONS IN COINTELEGRAPH

Thanks for reading! ✨
– Mark Forscher / Head of Brand & Design


Bison Trails: Pioneering Blockchain Infrastructure®

Bison Trails is an Infrastructure-as-a-Service company, based in New York City, specifically focused on blockchain participation. We’ve built a platform for anyone who wants to participate in new chains effortlessly (e.g. by running Cosmos Validators, Tezos Bakers, and Libra Validators, etc.)—without having to invest time and resources into developing any of the engineering, protocol, dev ops, or security competencies in-house. Our goal is for the entire blockchain ecosystem to flourish by providing robust infrastructure for the pioneers of tomorrow.


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