Great attention is paid to the decentralization of the Bitcoin network.
Bitcoin minors should settle in a number of different jurisdictions in order to avoid any type of regulatory capture of the network, so the thought goes. Some members of the cryptographic community even considered the ban on the cryptography of China in 2021 as a positive because it forced mining operations – hitherto grouped in the Middle Kingdom – to spread to various other continents.
This discourse is not as widespread with regard to the proof networks of staging like Ethereum and Solana, but the closure of the Senseinode company aims to make blocks as resilient as possible by turning the validator infrastructure in Latin America.
“When we started, 99% of the nodes were located in Europe, the United States and Asia,” Pablo Larguia, CEO of Senseinode, said in Coindesk in an interview. “We were the first to provide geographic and jurisdictional decentralization in Latin America.”
With around 800 million dollars of active workers marked via its platform, Senseinode is the 15th largest company of intention in the world. The largest of them, Kun, manages more than $ 7 billion.
Senseinode operates in various countries in Latin America, including Brazil, Argentina, Mexico, Chile, Costa Rica and Colombia. He also has nodes installed in the United States and Germany. The common point of all these jurisdictions is that Senseinode uses local and regional data centers.
“Most nodes in the United States and Europe are hosted in Amazon Web Services. In the end, this is a centralization point, “said Larguia.
However, data centers in Latin America are generally not as advanced as Westerners, which has forced Senseinode to assume an educational role in certain cases and to build the infrastructure necessary to manage standby services.
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The requirements for racing nodes vary from protocol to protocol, said Larguia. For example, some projects can have larger storage requirements if their blockchain history is older.
Node costs also differ. You only need $ 300 per month to execute an Ethereum validator, while a Solana validator will cost $ 800 per month. However, there are no limits to the number of token that you can delegate to a single Solana validator, unlike the Ethereum validators, which are limited to 32 ETH each. Ethereum’s staggered is therefore more expensive to manage for the meaning that Solana’s development.
“For Polkadot and Avalanche, we have two or three nodes, but for Ethereum, we have 9,000,” said Larguia.
