Qtum

One of the most appealing things about blockchain is decentralization. Anybody, anywhere, can host their dApp on the blockchain. The appealing thing here is that decentralized systems can never “go down.” However, the issue here is that the barriers to entry for developers are a bit high. To host your application, you will need to run a node, which can be costly, time-consuming, and difficult to maintain.<h2 id="header-0">Running a node in Qtum</h2>Running a node in Qtum is cheaper than running a node in any other layer-1 platform. Since Qtum has always been a proof-of-stake system, it doesn’t require any specialized software. Qtum nodes can easily run on <a href="https://docs.qtum.site/en/Qtum-on-Raspberry-Pi/" rel="noopener noreferrer nofollow">Raspberry Pi</a>. So, you are essentially just paying for the hardware and the electricity needed to power it.While the costs are nominal, you need to make a major investment in time and effort. In addition, you need to continually ensure that you are maintaining and monitoring the node infrastructure. Node liveness is extremely important when it comes to earning rewards.<h2 id="header-1">Qnode’s Infrastructure-as-a-Service</h2>Using Qnode’s IaaS, you can delegate your node hosting. Qnode uses AWS to provide an always-on and reliable system. This is especially helpful if you are a developer and want to delegate the tiring nuances of running a node. Here are some things that you can do with Qnode:<ul><li>Qnode manages Janus instances and Qtum blockchain nodes. It also scales them up/down per usage.</li><li>Developers can sign-up and get an API key that their apps can use.</li><li>Developers can also monitor API usage with graphs.</li><li>Developers can interact with Qnode using the Qnekt wallet.</li></ul>You can check out <a href="https://qnode.qtum.info/" rel="noopener noreferrer nofollow">Qnode here</a>. You can add your projects to Qnode and use the API key to monitor traffic.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/d53372716900417f823ec8a709855882.png" />You can also check various graphs to monitor various requests from the past 24 hours.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/5e3f866b65f645d88b60856801b6c76c.png" /><h3 id="qnode-advantages">Qnode advantages</h3>#1 Encourages innovationQnode encourages innovation by taking care of node management. Developers can focus on their apps without worrying about anything else. By lowering the barriers to entry, Qtum developers can easily build on the ecosystem.#2 Not just for developersAn IaaS service like Qnode isn’t just a boon for developers. Users of web3 can interact freely with the space without being bogged down by the responsibilities of running a node.#3 Fire up the ecosystemInfura has long been lauded for supercharging the Ethereum ecosystem with its IaaS services. By encouraging developers to build on the platform, Infura has helped Ethereum foster a multi-billion dollar environment. There is no reason why Qnode shouldn’t do the same to Qtum.

Qnode – Access Qtum’s Infrastructure

Table of Contents

Qtum_Foundation

Other articles published on Feb 16, 2023

16.000 people showed up at Binance Live to hear about Outer Ring´s latest developments

What are digital currencies?

XRP Price Prediction: What to Expect in the Next 48 Hours

Polygon Update – Square Enix Partnership, zkEVM Mainnet Release Date, Clearpool Prime Launch and ...

Beosin deepens its strategic partnership with BNB Chain and becomes a security auditor partner fo...

Top 5 Decentralized Exchanges DEXs For Crypto

Join our free newsletter for daily crypto updates!