ChainTools Validator Profile
Who is ChainTools?
ChainTools is a hitch-on of two Cosmos Multi-chain Validators consisting of Highlander (previously Highlander-Nodes) and Si-Quafalik ( previously qf3l3k). We both met whilst validating on multiple chains in the Cosmos. Whilst Si is the more experienced of the two in terms of Dev-Ops expertise Highlander brings great community engagement and outreach to ChainTools. Both are a great combination to have in one team and this made it an easy choice for us to merge forces.
What defines ChainTools
Staking is increasingly becoming popular in the Crypto space as it not only helps token holders earn rewards on the tokens they own but also supports the platform’s security and helps achieve decentralization.
At ChainTools we offer services not only for Users but for Developers and Dev-Ops engineers too. We feel that when the time comes for Cosmos to become as big of Market value as its expected there needs to be services in place than can help tackle the inflow of newbies wanting to take their skills from a Web2 world and ease them in to Web3.
Why choose ChainTools
High Uptime - Although PoS blockchains don’t require upfront input of sophisticated hardware, validators still require technical know-how to set up a validator node with limited disruption. The staking process, after all, requires nodes with 100% uptime to ensure improved staking returns. Pretty much all validators need industrial-grade internet.
Reliable - A validators reliability correlates with their level of self-bonded ratio. A reliable validator has a high ratio as it shows how much they stand to lose.
Frequent Updates - A good quality validator should also keep their nodes updated to prevent any loopholes for an attack that could lead to a penalty on their stake. We are engaged with all our communities Discords in order to make sure we make upgrades successful and to call to aid if and when needed.
Low (But Not Zero) Fees - Sure you can stake your tokens with an exchange validator and you dont have to worry about key management but given that the tokens private keys are stored on the exchanges wallet, you will not be entitled to airdrops related to that project plus staking with these platforms is counterproductive to achieving decentralization
How does ChainTools vote?
Governance needs a makeover in the cosmos eco-system and we support the work being done at DAODAO. We ofc vote with the current module in place. We give each gov vote a personal category is it High value gov vote or is it low value vote. High value meaning that if its a serious decision to be made on chain we go to our community and ask for feedback on the proposal and what way they would like their validator to vote. A low value proposal could be something like voting to enable a gas emission change or another pair to be included in to a market maker for example. This generally gets voted without the need to come to the community and waste time.
ChainTools and the community
Which tees us up nicely for this right here. Community is so important to us. We learn from them and they learn from us. Community in the Cosmos Eco-system are so smart and we love talking with them. Some things we might not agree on but thats good. We think it shows progress moving forward and is good to have both sides of arguments scrutinised.
Community is important to us as its what drives in more users, and with that- it is why we are happy trying our best to help newcomers learn the entrails of Cosmos.
Website https://chaintools.tech/
Twitter @ChaintoolsT
Telegram chat ChainToolsT
Medium Chaintools Validator – Medium
ChainTools contributions
We have been, and, still are, actively deploying IBC relayers and multiple features in order to facilitate interoperability for the Cosmos ecosystem. So far, we can mention:
- Cosmos Network relayed with: Evmos, Juno, Kujira, Comdex, Omniflix,
- Evmos Network relayed with: Cosmos, Juno, Comdex, Kujira
- Juno Network relayed with: Cosmos, Evmos, Kujira, Comdex, Omniflix
We have added RPC, REST, GRPC, State Sync, Seed Nodes, Peers, Snapshot Nodes for a large number of networks, which will all be available for easy access through our docs.chaintools.tech
Additionally we made gRPCui which makes quick queries far easier than using CLI and having to look through what commands are available we think making the same type of UI for the hub will be super valuable too. But we are going to develop it further.
Additionally, we are ReStake enabled for some of the networks on our profile.