A large Canadian company will control the master nodes of two-layer networks, which are increasingly used in Proof of Stake networks and protocols.
Vancouver-based Global Blockchain Mining operates a massive amount of cryptocurrency mining computing power and operates master/service nodes. Leveraging its blockchain expertise, the company provides development, management and consulting services to clients.
The company said Wednesday it will operate master nodes for two-tier blockchain networks that use service nodes to provide trust services for fast transactions. The company also intends to open a data center to provide computing power for artificial intelligence applications.
“Global Blockchain Mining's value as a business lies in investing in infrastructure, not speculating on assets,” company CEO Shidan Guran said in a statement.
The master node is the control center for some cryptocurrency networks (such as PACcoin or DASH). To own a master node, operators are required to provide collateral, which can be confiscated in cases of fraud.
According to proactiveinvestors.co.uk
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