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Allnodes Responds to Terra Classic Concerns, Launches Non-Custodial Node Management

Allnodes has announced a non-custodial node management service directly available for all Cosmos chains.

According to the node hosting provider, this latest update will allow customers to control their node information completely. Furthermore, it asserts that it will only host Tendermint validators using the new system. The latest development announced in a short thread yesterday comes on the back of controversy surrounding the hosting service’s operations, especially within the Terra Classic community.

According to prominent Cosmos developer Jacob Gadikian who has actively championed the concern, Allnodes, aside from having an extremely high voting power on the Terra Classic chain, also holds the seed phrases of its customers. Consequently, it potentially compromises the several validators using its service.

(By OKOYA DAVID)

Cosmos Cosmos $6.45
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