What is LYONODE?
LYONODE is a node-as-a-service provider to connect crypto nodes by using API key. The node infrastructure for each blockchain will be set up and maintained by the LYONODE team, who provides:
- Node for wallet generation
- Node status checkup and maintenance
It is built for crypto exchanges, payment applications, and other platforms or companies that want to create an infinite number of crypto wallets.
A blockchain has its own specific nodes that can generate an infinite amount of wallets. For example, generating a Bitcoin wallet requires a Bitcoin blockchain node, Ethereum wallets are created from the Ethereum blockchain node, and so on.
But where do nodes come from and how are they created? Nodes are created from scratch by a team of developers. Moreover, they are the ones who perform maintenance checks 24/7 to make sure that all the wallets are operative and synchronized with the blockchain to process transactions and save their history.
With LYONODE, companies that seek to create multiple wallets on-demand can cut through the process of building a team of developers and doing maintenance checks. They can simply skip to the creation of wallets and LYONODE will take care of the rest, reducing maintenance costs by up to 85%.
Last modified 7mo ago