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Bison Trails newsletter 013


Support for Mina, an in-depth guide to Crypto.org Chain, exciting ecosystem updates, and more from the Herd.

Bison Trails newsletter 013

By Mark Forscher · Apr 21 2021

Since our last update, Bison Trails announced support for Mina, published an in-depth guide to Crypto.org Chain, examined the excitement around NFTs, and continued our interview series with the builders of eth2. Read on for more, including ecosystem updates and news from the herd.

– Mark Forscher


Company News



1. Guide to Crypto.org Chain

Crypto.org Chain powers a growing suite of user-friendly financial products. Participate early by operating a node with Bison Trails.

  • Our Participate Clusters include validator nodes, accompanying full nodes, and supporting infrastructure.
  • Our Query & Transact read/write infrastructure enables companies and developers to build Web 3.0 applications on Crypto.org Chain.
  • Our seed nodes will support the network’s stability in its first year of operation by providing new nodes with a list of peers to connect to. This will enable new users to have a more seamless experience, and help the network remain secure and decentralized.

Read more or check out coverage in Cointelegraph


2. Bison Trails announces support for Mina

Mina, the world's lightest blockchain, leverages a unique design that enables participants to sync and verify the chain quickly, at a fraction of the resource intensity required by many other production-grade designs.

  • Run a block producer with Bison Trails to earn rewards and help secure the network.
  • Inflation starts at 12% for the first two years.
  • Block producers earn inflationary rewards for their work. Supercharged (2x) rewards are available for non-time locked accounts (accounts that are not subject to a vesting schedule).
"As a professional validator and leading infrastructure provider for enterprises seeking exposure to cryptocurrencies, our partnership with Bison Trails expands opportunities for involvement in Mina to the world's top custodians, exchanges, and funds.” —EVAN SHAPIRO, CEO AND CO-FOUNDER OF O(1) LABS, THE TEAM INCUBATING MINA

Read more




3. Why are people excited about NFTs?

NFTs are booming. Amid all the buzz, hype, and concerns, we step back to look at the core reasons to be excited about NFTs in this definitive guide.

Dive in


4. Celo governance proposal 0024: Q&A with Protocol Specialist Viktor Bunin

Our governance proposal on Celo to extend the downtime grace period to 10 minutes passed with 99.9% community support.

“Everyone in the community benefits from operating within a more secure network… Now validators of all sizes can employ best practices to increase their security, by performing more regular maintenance and upgrades of their systems.”—Viktor Bunin

Read more


5. Who’s who in eth2

In our interview series, Protocol Specialist Elias Simos interviews key contributors from eth2’s client teams to explore their involvement in eth2, the project’s progress, and their visions for the future.

  • Paul Hauner discusses the impact of security-mindedness, how competition between client teams is like race car driving, and the origins of Sigma Prime.
  • Jacek Sieka from Nimbus shares his experience building with Nim, the excitement of solving for scalability, and his development ethos.

View the entire series


6. Learn

We demystify the language and key concepts of blockchain technology so that more people can participate in the growing crypto ecosystem.

  • Consensus method: A consensus method, or consensus algorithm, is the system used by blockchain network participants (validator nodes) to come to agreement on what information will be permanently stored in the blockchain. The consensus method defines how participants verify transactions, in order to achieve distributed (group) consensus on the validity of the data stored in the blockchain.
  • Mainnet: A mainnet is a fully deployed and developed protocol in which transactions are broadcast, verified, and recorded onto the blockchain.
  • Testnet: A testnet is a trial version of a blockchain used to identify bugs and other issues.
  • State: A blockchain’s state is its formal status at a given point in time, including what information it contains and who is participating in it.

Learn more in our guide to blockchain terminology




7. An introduction to Protocol Specialists at Bison Trails

Each new technological innovation brings with it a new cohort of previously unimagined jobs. In this post, Viktor Bunin introduces us to the Protocol Specialist role, pioneered at Bison Trails to address protocol information overload and to provide deep expertise to the company and ecosystem of protocols we support.


More from the Herd

  • Joe Lallouz joins Outliner Ventures’ Founders of Web 3 podcast to discuss the crypto ecosystem, Bison Trails’ continuing mission, and the democratization of access to the technology powering the decentralized future.
  • In his latest eth2 update, Viktor Bunin explores expectations for eth2 staking, eth2’s traction, and the latest news on the eth1 <> eth2 merge, including why it’s never been a better time to get involved in advancing Ethereum.
  • Protocol Specialist Elias Simos’ latest Substrate ecosystem update details how the upcoming parachain auction will work, crowdloans, the progress of the parachain testnet Rococo, technology updates, and more!
  • Business Development Manager Mara Schmiedt suggests that “viewing eth2 through the lens of traditional financial tools will help the industry mature and grow” in an op-ed for The Defiant.
  • Meet the Herd: Engineering Manager Arthur Burkart discusses his reluctant journey into crypto, how to spot empathy in a technical interview, the importance of unrealized yet applicable short-term value, and much more.
  • Don’t miss Elias Simos’ epic thread on Polkadot, Kusama, and parachains.

Ecosystem Updates

  • The first NuCypher WorkLock staking period unlocked on 4/13. With the end of the Worklock, customers staking with Bison Trails can continue to use their existing nodes to earn NU rewards and ETH fees, but will need to either re-stake or extend their staking duration. Read more.
  • The Mina Foundation will be distributing up to 3.1 million tokens to Prism Contributing Members who made significant contributions to the Mina community prior to mainnet.
  • Canis Major, Phase 1 of the Crypto.org Chain, launches May 20th.
  • NEAR Protocol’s Rainbow Bridge is live: ERC-20 tokens can now bridge to the NEAR blockchain and back to Ethereum.
  • Visa became “the first major payments network to support USDC as a native currency and settlement system on its network.”
  • Luke Youngblood shared the news that the first invitations were sent to customers on the waitlist to stake $ETH on Coinbase, powered by Bison Trails.

We’re hiring

Come work with us as we begin our next chapter as part of Coinbase. Visit our careers page to learn about open roles in Customer Success, Design, Engineering, Product Marketing, and Business Development.


Like this update?


About Bison Trails


Pioneering Blockchain Infrastructure®

Bison Trails is a blockchain infrastructure platform-as-a-service (PaaS) company based in New York City. We built a platform for anyone who wants to participate in 25 new chains effortlessly.

We also make it easy for anyone building Web 3.0 applications to connect to blockchain data from 33 protocols with Query & Transact (QT). Our goal is for the entire blockchain ecosystem to flourish by providing robust infrastructure for the pioneers of tomorrow.

In January, 2021, we announced Bison Trails joined Coinbase to accelerate our mission to provide easy-to-use blockchain infrastructure, now as a standalone product line. The Bison Trails platform will continue to support our customers. With Coinbase’s backing, we will enhance our infrastructure platform and make it even easier to participate in decentralized networks and build applications that connect to blockchain data.


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THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY. PLEASE DO NOT CONSTRUE ANY SUCH INFORMATION OR OTHER MATERIAL CONTAINED IN THIS DOCUMENT AS LEGAL, TAX, INVESTMENT, FINANCIAL, OR OTHER ADVICE. THIS DOCUMENT AND THE INFORMATION CONTAINED HEREIN IS NOT A RECOMMENDATION OR ENDORSEMENT OF ANY DIGITAL ASSET, PROTOCOL, NETWORK OR PROJECT. HOWEVER, BISON TRAILS (INCLUDING ITS AFFILIATES AND/OR EMPLOYEES) MAY HAVE, OR MAY IN THE FUTURE HAVE, A SIGNIFICANT FINANCIAL INTEREST IN, AND MAY RECEIVE COMPENSATION FOR SERVICES RELATED TO, ONE OR MORE OF THE DIGITAL ASSETS, PROTOCOLS, NETWORKS, ENTITIES, PROJECTS AND/OR VENTURES DISCUSSED HEREIN.

THE RISK OF LOSS IN CRYPTOCURRENCY, INCLUDING STAKING, CAN BE SUBSTANTIAL AND NOTHING HEREIN IS INTENDED TO BE A GUARANTEE AGAINST THE POSSIBILITY OF LOSS. THIS DOCUMENT AND THE CONTENT CONTAINED HEREIN ARE BASED ON INFORMATION WHICH IS BELIEVED TO BE RELIABLE AND HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE BUT BISON TRAILS MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE FAIRNESS, ACCURACY, ADEQUACY, REASONABLENESS OR COMPLETENESS OF SUCH INFORMATION.

ANY USE OF BISON TRAILS’ SERVICES MAY BE CONTINGENT ON COMPLETION OF BISON TRAILS’ ONBOARDING PROCESS, INCLUDING ENTRANCE INTO APPLICABLE LEGAL DOCUMENTATION AND WILL BE, AT ALL TIMES, SUBJECT TO AND GOVERNED BY BISON TRAILS’ POLICIES, INCLUDING WITHOUT LIMITATION, ITS TERMS OF SERVICE AND PRIVACY POLICY, AS MAY BE AMENDED FROM TIME TO TIME.

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