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How Streakk Integrated Node Cluster is revolutionizing the financial system

Posted by Heiko Closhen on October 21, 2022 - 1:26pm Edited 10/21 at 1:27pm
 
 
 
 
 
 
 

 
 
 
 
 
 
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How Streakk Integrated Node Cluster is revolutionizing the financial system

Since the introduction of DeFi applications and more complex financial use cases, the financial system has started to experiment with changes, and the old and outdated traditional financial system that we know doesn´t work anymore.

With the introduction of DeFi, where there is no central governing body, users can interact in a trustless manner because of smart contracts. This revolutionary technology improves every section of the traditional financial system, capital markets, and asset management. But, the top-end Technology that Streakk implements is changing how we use DeFi.

Notably, blockchain technology has gradually advanced into the world of payments, transforming the traditional financial system into something new, reducing fraud, ensuring quick and secure transactions, and ultimately helping to manage risks within the interconnected global financial system.

Streakk Integrated Node Cluster (INC)

The Integrated Node Cluster is promising in terms of technology to address specific issues, including security, hacking, support for a wide range of use cases, and generous interest by staking crypto in wallets that employ this technology,

Regular Node Clusters are a set of validators that work together to serve client transactions and maintain the ledger’s integrity. By processing transactions and participating in consensus, each validator increases the blockchain network’s resistance and performance. Streakk’s approach takes this network of Validators and integrates them into a single crypto wallet.

As a result, Streakk is not forced to depend on a single Validator. Streakk runs its own Validator Node to earn block rewards while lowering the risk of slashing. This technology delegates the crypto-only to the Validators, providing the highest rewards. Streakk’s innovative INC solution means its members can earn generous interest by staking the crypto in their wallets without handing over control of their funds.

Why Streakk’s INC is so special?

One of its top priorities of Streakk is the security and safety of the network. To ensure that Validators act ethically and don’t authorize fraudulent transactions, they must lock up a certain amount of cryptocurrency with the blockchain network. This process is called Staking and entitles a Validator with the chance to validate new transactions and earn newly created crypto through the minting process.

Streakk INC technology allows users to stake in their wallets without handing over control of their funds. We made this possible since, in Streakk, we firmly believe in “Your Keys, Your Crypto.”

INC technology is unique because you can stake your crypto with the flexibility to delegate or withdraw your crypto anytime; there is no need to lock up period when you stake with Streakk. Investors and people worldwide are already earning rewards; without technical knowledge, they only need to hold crypto in their wallets to earn rewards.

This is possible thanks to Streakk’s AI-powered algorithm automatically delegates it to the Validator, offering the best staking rewards. You don’t need to worry about anything; if crypto is delegated to a Validator that goes down — or if another Validator offers higher returns, the crypto will be automatically delegated to a lucrative Validator to increase your return on investment on your crypto holdings.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Otto Knotzer thanks for sharing
October 21, 2022 at 4:51pm