{"id":15400,"date":"2025-02-27T20:46:51","date_gmt":"2025-02-27T20:46:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15400"},"modified":"2025-02-27T20:46:51","modified_gmt":"2025-02-27T20:46:51","slug":"how-senseinode-is-building-proof-of-stake-infrastructure-in-latin-america","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15400","title":{"rendered":"How SenseiNode Is Building Proof-of-Stake Infrastructure in Latin America"},"content":{"rendered":"<div>\n<p>A lot of attention is paid to the decentralization of the Bitcoin network.<\/p>\n<p>Bitcoin miners should set up shop in a number of different jurisdictions in order to prevent any kind of regulatory capture of the network, so the thinking goes. Some members of the crypto community even saw China\u2019s 2021 crypto ban as a positive because it forced mining operations \u2014 up until then clustered in the Middle Kingdom \u2014 to spread out to various other continents.<\/p>\n<p>That discourse isn\u2019t as prevalent when it comes to Proof-of-Stake networks like Ethereum and Solana, but staking firm SenseiNode aims to make such blockchains as resilient as possible by spinning up validator infrastructure in Latin America.<\/p>\n<p>\u201cWhen we started, 99% of nodes were located in Europe, the US and some in Asia,\u201d SenseiNode CEO Pablo Larguia told CoinDesk in an interview. \u201cWe were the first to bring geographic and jurisdictional decentralization to Latin America.\u201d<\/p>\n<p>With roughly $800 million worth of assets <a href=\"https:\/\/www.stakingrewards.com\/providers\/pos?sort=assets_under_management&amp;timeframe=30d&amp;order=desc&amp;byChange=false&amp;verifiedFirst=true&amp;columns=assets_under_management%2Ccustom_aum_change%2Cstaking_wallets%2Cvsp%2Csupported_assets%2Ccountry\" target=\"_blank\">staked<\/a> through its platform, SenseiNode is the 15th largest staking firm globally. The largest of them, Kiln, manages over $7 billion.<\/p>\n<p>SenseiNode operates in various Latin American countries, including Brazil, Argentina, Mexico, Chile, Costa Rica and Colombia. It also has nodes set up in the U.S. and Germany. The common point in all of these jurisdictions is that SenseiNode uses local and regional data centers.<\/p>\n<p>\u201cMost of the nodes in the US and Europe are hosted in Amazon Web Services. At the end of the day, that\u2019s a point of centralization,\u201d Larguia said.<\/p>\n<p>Data centers in Latin America usually aren\u2019t as advanced as Western ones, however, which has forced SenseiNode to take on an educational role in some cases and help build the necessary infrastructure to run staking services.<\/p>\n<p>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2024\/10\/17\/staked-ether-is-creating-a-benchmark-for-the-crypto-economy-says-ark-invest\" target=\"_blank\">Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest<\/a><\/p>\n<p>Requirements for running nodes vary from protocol to protocol, Larguia said. For example, some projects may have larger storage requirements if their blockchain history is older.<\/p>\n<p>Node costs also differ. You only need $300 per month to run an Ethereum validator, while a Solana validator will cost $800 per month. However, there are no limits to how many tokens you can delegate to a single Solana validator, contrary to Ethereum validators, which are limited to 32 ETH each. Ethereum staking is therefore more expensive to handle for SenseiNode than Solana staking.<\/p>\n<p>\u201cFor Polkadot and Avalanche, we have like two or three nodes, but for Ethereum we have like 9,000,\u201d Larguia said.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A lot of attention is paid to the decentralization of the Bitcoin network. Bitcoin miners should set up shop in a number of different jurisdictions in order to prevent any kind of regulatory capture of the network, so the thinking goes. Some members of the crypto community even saw China\u2019s 2021 crypto ban as a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15400","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15400"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15400\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}