StrongBlock Nodes – No Ponzi Here, A Review of Just Hard Work & Sustainability

We do a lot of research around here on passive income sources, some turn out to be not worth talking about, and others are found to be valid and worthy of our attention. StrongBlock turned into one of those you will hear from us on.

StrongBlock has unfortunately been labeled a ponzi scheme by the uneducated on just what the team behind the project hopes to accomplish.

The successful history of the team delivering on past projects should not go ignored.

So what are StrongBlock nodes and how you can you earn a NUBI (Node Universal Basic Income) from them passively?

Let’s take a look and dive into the NaaS (Nodes as a Service) sector.

StrongBlock – The First Mover Advantage in Decentralized NaaS

StrongBlock Nodes came about to fill-in a gap in the blockchain ecosystem.

Blockchains are decentralized ledgers and decentralization occurs through many point. Those points are miners and nodes, and each hold a full set of transactions.

From there, miners record transactions and synchronize them with other miners. This upholds the integrity of the blockchain and the miners are compensated.

However, nodes are responsible for keeping a full, up-to-date copy of all blockchain transactions.

Nodes also provide access points where that full copy can be quickly accessed by blockchain applications. But in the past, nodes are typically not compensated.

Here is Where Nodes as a Service Enter

Before StrongBlock’s Nodes as a Service came about, running a node required knowledge of blockchain coding.

You also had to have a server able to run the node reliably throughout the day with little to no downtime.

There is maintenance, so nodes need to be upgraded and that requires knowledge of the upgrade and re-sync process on the blockchain.

StrongBlock’s unique characteristic is automating all of those very technical processes. This makes it possible for anyone to participate in owning and running blockchain nodes.  This is for protocols like Ethereum, Polygon, and Fantom.

StrongBlock’s node ownership system provides rewards for being involved with the protocol. Rewards are calculated as the Ethereum Mainnet blocks are created.

Rewards are issued for the following activities: mining, node signaling, being signaled, NFT staking, and of course, running a node.

The leadership team at StrongBlock has publicly stated that the goal is 1,000,000+ nodes running for 80+ protocols. And at the time of this writing, because there were well over 100,000 nodes already created.

Let’s Review Why No Ponzi and Sustainability Instead?

Ponzi schemes see early exits and are typically come from anonymous project leads, team with a past sketchy history, and from organizers who arise from no where. Ponzi’s also promise what they can’t deliver.

With StrongBlock, actions speak louder than speculation.

Because countering the ponzi argument is easy with a little due diligence. Take a look at the Team, the sustainability, and the roadmap ahead.

The Team

StrongBlock is not new, they have been around since 2018. They were not a risky ICO like many other projects back then either.

The team is composed of highly experienced blockchain, governance, security, and database technology experts.

David Moss – CEO

David Moss has the distinction of holding two prominent roles in the creation of EOS, the decentralized blockchain operating system. He served as SVP of Technology Operations at Block.One leading EOS technology development.

Directing the EOS mainnet launch with the worldwide Block Producer community was included.

He also was the founder of a technology and management consultancy for Fortune 100 companies and the founder of a predictive crowd analytics platform.

He was also the founding CIO of Edmunds.com, and President of an entertainment production company.

Corey J. Lederer – Chief Product Officer

Corey Lederer is involved in Enterprise Blockchain Leadership, Cryptography, DApps, Blockchain Governance, and Smart Contracts.

He is a Program Management Expert, Enterprise Content Management Expert (ECM), Digital Asset Management Expert (DAM), and Executive Officer.

He also served as a Senior Director at Block.One and was a Senior Manager at NIKE, Inc.

Brian Abramson – Chief Technical Officer

Brian was a former VP of Infrastructure at Block.one, and former Director of Infrastructure at Content.ad, along with being a long time DevOps Engineer and Node.js Developer.

Konstantin Shkut – Lead Developer

Konstantin is the former CTO of ScaleLab and has over 11 years of web development experience including backend, frontend and everything in between. He has worked in multiple E-Commerce, Media and Entertainment and SaaS industries.

And this is just a highlight of many other successful team members with a history of delivering on their work.

Sustainability

Sustainability focuses on meeting the needs of the present without compromising the ability of future generations to meet needs.

The concept is composed of three pillars: economic, environmental, and social—also known informally as profits, planet, and people.

StrongBlock, who has been around for years but just now gaining traction. The project looks to be around for many more years to reach the goal of 1,000,000+ nodes up and running on over 80 protocols.

StrongBlock sustainability will come from continued partnerships for many years to come. Sustaining the rewards pool and moving to further decentralization in providing nodes.

A Summary of the StrongBlock Roadmap Ahead & Is it Bear Market Proof?

While some top items on the roadmap have been excluded for competitor reasons, others spoken about include expansion of NaaS and ByoN to support Ethereum 2.0, Bitcoin, and other protocols.

A Node Balancer providing services similar to Infura that will Increase rewards by monetizing nodes and NFT gamification and marketplace for buying and selling nodes.

So there is more to be announced by what appears to be extremely hard work being put in by the StrongBlock team and community. We recommend you to read the full StrongBlock Flash Paper.

Here at PI, we are forming a theory that StrongBlock nodes could be more resilient in a prolonged bear market. Because capital from speculative investments and other projects could flood in, thus creating more passive income opportunities in projects with real utility like StrongBlock offers.

Example review of StrongBlock Node

StrongBlock Nodes – No Ponzi Here, A Review of Just Hard Work & Sustainability
Example review of StrongBlock Node
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