7ļøāƒ£2024/06/28: Aethir x Luganodes

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šŸ“… Date: 2024/06/28 at 2:00 PM UTC šŸ•’ Duration: 60 minutes šŸ‘¤Participants : 400 ā­Guest: Max | Luganodes

What is Luganodes?

Luganodes is an institutional service provider based in Switzerland. For Aethir, Luganodes operates as a NaaS (Node as a Service) provider, enabling the execution of Checker Nodes. Named after Lugano, Switzerland, Luganodes aligns with Lugano's crypto-friendly initiatives aimed at promoting widespread crypto adoption.

Luganodes collaborates with institutions, individuals, and Venture Capital firms, facilitating verification node operations for staking programs. Established two years ago, Luganodes currently supports 40 networks directly, making it a prominent player as the second-largest validator on networks like Polygon and Throne, besides its extensive involvement with ETH and Ronin.

Prepared Questions

Can we stake ATH with Luganodes?

Currently, staking ATH with Luganodes is under discussion. Our primary focus remains on enabling the community to operate Checker Nodes with us effectively. Based on our experience with other networks, our approach emphasizes individual roles, such as validators or providers, to optimize participation.

Why should I, as an Aethirian, use Luganodes?

Luganodes stands out as a highly secure and compliant infrastructure provider, backed by several successful audits:

  • SOC 2 Type 2 compliance, ensuring security, availability, integrity, confidentiality, and privacy of organizational data

  • ISO 27001 certification

  • GDPR compliance in preparation for the upcoming Mica regulations in Europe

Additionally, we undergo audits by Quantstamp, a leading auditor in Smart Contracts and Web3 security. Partnering with Luganodes ensures the same high level of security enjoyed by institutional investors, mitigating risks such as downtime and performance issues for community members operating Nodes.

Does Luganodes plan to invest in Aethir similar to other projects?

Luganodes engages early with promising projects and has already invested in Aethir by acquiring and operating Checker Nodes.

What is the cost of the service?

The service costs $16 per node per month, with a $5 discount available using the code "EARLY". Detailed technical infrastructure and cost breakdowns are available on our website.

How does Luganodes integrate with the Aethir network?

Our Checker Node dashboard remains operational, ensuring seamless integration with the Aethir ecosystem.

Where are your data centers located?

Operating bare-metal infrastructure, we lease pure data centers globally, tailored to diverse client needs. Initial setup utilizes AWS in the US East region, with plans for further expansion based on demand.

Is there a future plan for hosting Aethir Edge?

Our current focus is on Checker Nodes, with potential future considerations for Aethir Edge.

What are the advantages of partnering with Luganodes for Aethir?

Partnering with Luganodes provides robust infrastructure support critical for managing large-scale Checker Nodes, ensuring reliable node operations for investors and community members.

As an Aethirian, will I receive better rewards running my node with you compared to independently?

Node performance directly impacts rewards. As a secure and audited company managing over $3 billion in assets, we prioritize operational integrity to maximize rewards.

Do you plan to sponsor esports teams for tournaments?

While we have sponsored crypto-related events and hackathons, sponsoring esports teams may be considered if aligned with our strategic goals.

Audience Questions

Will the Aethir-Luganodes partnership continue?

Yes, our verification node commitments extend over several years, reflecting a long-term partnership commitment.

Can you explain your commitments and SLA (uptime) guarantees to the community?

We ensure optimized infrastructure to maximize Aethir rewards, maintaining the highest security standards at Level 4 data centers.

How does Luganodes comply with GDPR using AWS, an American company?

GDPR compliance involves securing personal data. For clients running 50+ nodes, we conduct KYC checks, ensuring GDPR-compliant data storage and processing.

Can Luganodes provide solutions for community members unable to run Edges due to connectivity limits?

While our node infrastructure setup is extensive, exploring Edge possibilities requires assessing internet connectivity across different regions.

Thanks to our Aethirians @Segroegg for providing all the necessary information and summarizing this AMA

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