Orbit Bridge

Notes for Validator Nodes

Advantages from Orbit Bridge Validator Participation

- Transmission of decentralized operation method in blockchain ecosystem
- DAO formation experience for governance consensus for Web3.0 transition (differences from updates through centralized servers in Web2.0)
- Gain experience in various mainnets through operation of validator nodes and accumulate know-how for node management
- Understanding and sharing of technology in the blockchain industry that Ozys has researched and developed so far

Ozys Validator Node Operation Features

- Sharing the module connecting Web2.0 to Web3.0 and experiencing Orbit Bridge operation through module construction
- Experience off-chain consensus among various cross-chain operations
- Korean communication channel while most of the solutions communicate in English
- Strategic combination between projects and Ozys DeFi products which enables entry into multi-chain

Costs for operating a validator node

- Server(EC2) costs: minimum requirement is consist of two t3.medium that costs ($0.052000 * 2) / hourly → approximately $80 a month
- Monitoring system: checking node’s instance status through AWS cloudwatch, newrelic, datadog → about 10 to 30 minutes total a day
- Human resources: dedicated manager needed for following up updates on governance, disk usage, logs, bug fixes, and so on