Blockchain Ecosystem ThunderCore Teams Up With Huobi And MyCointainer In Node Expansion » CryptoNinjas

ThunderCore, a leading blockchain and web3 ecosystem announced today that it is making another development push, partnering with new validators as the chain rolls out its new crypto staking model.

The latest ThunderCore validators include the famous crypto-asset exchange Huobi and one of the earliest staking platforms in the space, MyCointainer. Users of both will now be able to stake ThunderCore’s native asset TT to earn rewards.

Unlike proof-of-work (PoW) blockchains like Bitcoin, ThunderCore is an environmentally friendly proof-of-stake (PoS) chain, meaning that the consensus mechanism for validating transactions is based on incentivized crypto-stakes.

ThunderCore’s new PoS staking model, also known as ThunderCore 2.0, will dramatically increase both user stakes and validator nodes.

Such decentralization is critical to securing PoS chains like ThunderCore, which must withstand coordinated attacks from malicious actors seeking to control two-thirds of the network, while adding more trusted validators improves scalability and accelerates user growth.

Validator extension

As a new partner, Huobi will implement and maintain a ThunderCore node, further securing the ThunderCore ecosystem. In addition, Huobi’s tens of millions of users will have access to ThunderCore PoS staking, while TT will be available for staking on Huobi Earn.

In addition to operating a node, MyCointainer will allow deposits and withdrawals on the platform. MyCointainer users will have access to TT trading pairs against BTC, USDT and other major crypto and fiat pairs.

The expansion of the validator network represents a significant step forward for ThunderCore, solidifying its position as a leading blockchain.

DeFi Outreach

With the new ThunderCore 2.0 PoS staking model, the popular blockchain has overhauled its tokenomics, aiming to become a bigger DeFi player in the coming years. After nurturing their original DeFi ecosystem, ThunderCore developers are now seeking to curate top DeFi protocols such as Curve Finance, AAVE, SushiSwap, Stargate and many others.

The ThunderCore team has started this effort by making overtures to the leading DeFi projects.

Diversifying ThunderCore’s native DeFi ecosystem allows the team to build a brighter future with the support of the project’s multi-chain functionality, decentralization, and community-driven economy.

The team offers ThunderCore’s user retention and mass adoption strategy (over 400,000 monthly active users), one-stop-shop TT Wallet, high levels of interoperability, extensive partnerships, and a variety of developer incentives and tools, among other points.

Similar proposals are being worked on for the other major DeFi protocols.

Future plans

ThunderCore will continue to welcome new validators to its PoS network. This is in line with the team’s commitment to providing a secure and decentralized platform for users.

Adding new, reputable organizations to the validator network improves the security of the blockchain, making it a top choice for decentralized applications. Meanwhile, increased effort rewards under the new tokenomics are a tangible benefit to the community that promotes the same goals.

ThunderCore will also encourage more DeFi projects to open store. The high-performance chain offers many benefits for DeFi, including sub-second transactions, gas fees at a fraction of a cent, and massive scalability.

Some features listed below make ThunderCore an ideal home for DeFi developers looking to build and grow on a reliable and secure network.

• ThunderCore for Developers – ThunderCore is among the most hospitable homes for developers in the Web3 industry. The company has long believed that if you attract the best developers, users will follow. To that end, they have made various efforts to nurture their developer community:
• ThunderGene API Tool – ThunderCore’s cutting-edge API tools enable easy integration of Web3 features into Web2 apps. With ThunderGene, it is possible to create non-fungible tokens (NFTs) and fungible tokens in a Web2 app while outsourcing the burden of wallet security to the pioneering TT Wallet.
• $100M Web3 Fund – Along with partners 886 Studios and the Outliers Fund, ThunderCore maintains a $100 million fund to help those who want to build decentralized applications on the chain.
• Developer growth fund – In addition to the $100M Web3 Fund, ThunderCore also operates a Developer Growth Fund, which is undergoing a major overhaul. The fund guides projects to completion with technical, sales promotion, financial and operational assistance.