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Bison Trails newsletter 015


Launching support for the Helium, Acala, Karura, and Provenance networks, releasing Query & Transact for Solana, and more from the Herd.

Bison Trails newsletter 015

By Bison Trails · Jul 22 2021

Since our last update, Bison Trails published our in‐depth report on the infrastructure of CBDCs, launched our public validator for Crypto.org Chain, and examined NEAR’s Rainbow Bridge. Read on for more, including ecosystem updates and news from the herd.

—Melissa Nelson


Company News



1. Bison Trails launches Solana Query & Transact to empower the Solana developer community

Our Query & Transact read/write infrastructure is now available for the Solana blockchain. Run secure, dedicated Solana Query & Transact nodes to access and verify data and transaction information from the blockchain, and build products and services that contribute to the growth of the Solana community.

Check out our announcement here or read more in Nasdaq’s coverage.


2. Bison Trails supports Helium

The Helium blockchain powers decentralized wireless infrastructure for the internet of things. Run a Helium node with Bison Trails to earn rewards and help secure the network.

Contact us to learn more about participating in Helium, or read our guide to learn more about how Helium works.




3. Q&A on Codename Keanu

We sat down with Protocol Specialist Viktor Bunin to discuss the challenges and opportunities around the upcoming merger of Keep and NuCypher. (Note: as of July, the Codename Keanu merge has been named the Threshold Network).

"Community is the killer feature. The people you have around you building together are what makes the difference for projects to succeed or fail. This merge is an opportunity for the Keep and NuCypher teams and communities to combine forces to build the most decentralized and advanced cryptographic tooling network in the world.” —VIKTOR BUNIN, PROTOCOL SPECIALIST

Read more.




4. Bison Trails announces support for Provenance

Provenance, the blockchain built specifically to support the traditional financial services industry, recently transitioned from a permissioned to a public blockchain. Part of the Tendermint ecosystem, Provenance uses modules to enable financial institutions to offer services via the blockchain, saving money and time.

Contact us to start participating in Provenance, or read our guide to learn more about the protocol and our offering. Or, follow our step‐by‐step guide to delegate your HASH to our public validator.




5. Bison Trails supports Acala and Karura

Bison Trails has announced support for Acala, the DeFi hub of Polkadot and an Ethereum‐compatible financial application platform, and Karura, Acala’s sister protocol on the Kusama network.

While Acala and Karura’s network security and consensus are provided by Polkadot and Kusama Relay Chain validator sets, the collator sets of Acala and Karura will keep the network alive by collecting parachain transactions for Relay Chain validators to verify. Unlike validators, collators do not secure the network; a parachain only needs one honest collator to be censorship‐resistant.

Read about Acala, Karura, how they work, and how to get involved in our guide.




6. Cardano’s stake pool pledge and margin mechanics

Aside from operating at the highest level of performance, there are three levers available for a Cardano stake pool operator to optimize rewards: the pool pledge, pool margin, and pool fixed cost. To understand how to best use these levers, one must first understand when they come into play in Cardano’s rewards mechanics along with the parameters that impact the ADA one pool may control.

Learn more about optimizing for Cardano in our exploratory post, or contact us to get started as a Cardano pool operator.




7. Bison Trails powers secure staking on the Celo network for Volt Capital

Bison Trails runs Celo validator nodes for Volt Capital’s TD Labs subsidiary, allowing their community to stake CELO, earn participatory rewards, and support the growth of the network.

Check it out in our customer feature.


More from the Herd

  • Don’t miss Business Development Manager Harry Alford’s op-ed in Cointelegraph, "A multichain future will accelerate innovators and entrepreneurs." Harry discusses how alternative, blockchain-based accelerator mechanisms, like Polkadot parachain slot auctions, will empower the next generation of entrepreneurs and their blockchain projects.
"Accelerators of the multichain future are adaptive spaces that allow for information to flow freely between applications and institutions through network interactions. By cultivating community and facilitating partnerships with key supporters, teams can test solutions, develop winning strategies, and demonstrate considerable traction before a true launch." —HARRY ALFORD, BUSINESS DEVELOPMENT MANAGER
  • Protocol Specialist Elias Simos’ latest Substrate ecosystem update looks at parachains producing blocks on Kusama Mainnet, issues identified during the parachain onboarding, staking parameter changes for Polkadot and Kusama, and more!!
  • Joe Lallouz discussed the future of blockchain technology on the Brown Advisory podcast alongside Ash Egan and Ria Bhutoria.
  • Customer Success Account Manager Canaan Severin’s journey to Coinbase was featured by Coin Flyp in a video outlining his journey to the herd.
  • Brian Armstrong published a Coinbase blog post on embracing decentralization, outlining the opportunities and next steps for the organization to provide access to new products and features.

Ecosystem Updates

  • Terra launched a $150M Ecosystem Fund, committed to building DeFi products and solutions within the Terra ecosystem. Backers including Pantera Capital and Arrington XRP have made commitments to deploy the funds over several years.
  • Helium’s staking validators went live, finalizing the blockchain’s transition to a decentralized proof of stake protocol with validators now performing its consensus group work. Learn more about the transition, and how validators work, in our guide.
  • OpenSea, an NFT marketplace currently supporting Ethereum sales that hopes to expand to sales of NFTs on Flow, Tezos, and other protocols, was valued at $1.5B following a $100M funding round.
  • Calaxy, the social token app co-founded by Spencer Dinwiddie of the NBA, announced raising $7.5M in funding to develop the platform and its team. You can learn more about how Bison Trails powers Calaxy’s community nodes on Flow and Polkadot in our post.
  • The merged Keep and NuCypher network has been named the Threshold Network, and a forum for the new community has kicked off with a proposal for how the Threshold DAO will work.

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.


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 21 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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