Peerion Helps pNetwork Slay The Bridge Trolls
Think of a blockchain as a secluded garden. There are many different blockchain gardens, but all of them can only interact with and receive nourishment from its immediate environment. This severely limits a garden’s growth potential. pNetwork looks to solve this problem of secluded gardens through a series of bridges that allow the free flow of resources from one garden to another.
Now, putting up a bridge is one thing, but who controls that bridge is an entirely different subject. I’m sure you have heard of bridge trolls in fables as a child. But bridge trolls in regards to blockchain, are very real and threaten the potential of connecting all blockchain gardens. These bridge trolls like to offer centralized bridges from one garden to the next, but one should be cautious when using these bridges. The thing is, bridge trolls have full control over the bridges they build and can one day choose to change them for the worse, or even completely take them down. And guess what? If you’ve used a bridge up until this point, to get from one blockchain garden to another, then there definitely was a troll under that bridge.
pNetwork is not only building bridges, but also eliminating the trolls. So, if the trolls aren’t controlling the bridges, who is? The answer to that question is what makes pNetwork so powerful. And that answer is you, us, the ones trying to get from one garden to another. pNetwork is offering a powerful solution that enables anyone to help support and secure these bridges, ensuring that all explorers moving between gardens stay safe from the bridge trolls, now and into the foreseeable future.
Building and supporting a bridge sounds like a lot of work. But never fear, pNetwork is here — with an easy to use toolkit that can turn anyone into a bridge building expert. Through two simple steps, you can be on your way to slaying the bridge trolls. The first step is staking in the pNetwork DAO and the next is spinning up a node. The stake acts as a bond, showing your commitment to supporting the bridges, and the node acts as a protector which keeps the trolls at bay. The whole bridge system is built on a permissionless network, which enables anyone to stake, spin up a node, and join the effort to battle the trolls.
So, you might be asking yourself, what does this all really mean, how do I get involved, and what are the incentives?
Right now, this means that pNetwork is fundamentally evolving the entire blockchain space by building bridges on a decentralized node network, enabling the free flow of liquid assets from one blockchain to another with zero friction. For the future, it means no separate gardens and no bridge trolls, and a highly interoperable, flourishing, and virtually limitless blockchain ecosystem.
There are currently two ways to get involved. Option one, is to purchase a minimum of 200,000 PNT to stake in the pNetwork DAO and spin up your own node. Option two, is to join Peerion’s PNT Node Pool in order to co-own a pNetwork Node, which only requires a minimum of a 100 PNT stake.
Both options are highly incentivized but option two offers exposure with limited stake. Regardless of which option you choose, your stake will earn 42% APY from pNetwork DAO rewards + 0.25% from bridge transaction fees for year 1. For year 2, your stake will earn 21% APY + 0.25% transaction fees. After year 2 ends, the pNetwork DAO will no longer yield any staking rewards. This is an important factor to consider, especially if you not only want to support pNetwork in the long term, but also continue to earn rewards for doing so. And the only way to achieve that, is to own or co-own a pNetwork Node.
Now, it’s time to ask yourself, are you ready to slay the evil bridge trolls with us? Or will you end up one of the unfortunate ones who fall victim to a collapsed or malicious bridge?
