We are excited to announce that we have joined Huobi’s Staking Program and Huobi will be participating in our testnet.
Huobi is a leading crypto exchange that manages billions of dollars (at the time of writing, $8.56 billion in 24-hour trading volume) of crypto transactions every day on a global basis. Huobi is wholly dedicated to providing safe and trustworthy services to its tens of millions of users in more than 100 countries and regions around the world.
Validators are special nodes responsible for the provision of infrastructure as well as validating new blocks and appending them to the blockchain. Hence, together with other validators, they ensure Porta Network’s security by monitoring its accuracy, establishing validity and guaranteeing availability.
Once we finalise the conversion of the $KIAN token to the $PORTA token, our partnership with Huobi will allow Huobi users to stake their $PORTA directly with them.
At such an early stage of Porta’s journey to be supported by Huobi shows incredible belief in the project. We are excited to have Huobi onboard and we look forward to continuing to work with them.