What is Strong?

Strong (STRONG) is a blockchain protocol that compensates nodes for supporting the infrastructure of their blockchain. The protocol's mission is to create a world where the StrongBlock Node Army supports numerous protocols and millions of nodes. StrongBlock provides a node-as-a-service tool that allows individuals to participate in securing blockchains without requiring the technical knowledge to do so. With StrongBlock's automated processes, users do not need to know how to code or run their own server to keep the node online. This solution addresses current node issues such as out-of-date software, incomplete blockchain histories, and downtimes.

How does Strong work?

StrongBlock operates by offering nodes that support the Ethereum network. These nodes can be either accessed as a service or brought by users themselves. Users can utilize a node that StrongBlock hosts and maintains. If users want to bring their own node, they have to contribute 10 STRONG to the community. These contributions are then allocated to various uses such as future use, compensation in STRONG-ETH and LINK-STRONG liquidity pools, the StrongPool for compensation, and node compensation. All nodes, whether utilized by STRONG holders, receive daily compensation. Furthermore, nodes can receive compensation by signaling for a node, with both the node and the signaler receiving the compensation.

What are the potential use cases for Strong?

StrongBlock's primary use case is to provide a node-as-a-service tool that allows individuals to participate in securing blockchains without requiring the technical knowledge to do so. This service is particularly beneficial for those who do not know how to code or run their own server to keep the node online. Additionally, the protocol's Node Universal Basic Income (NUBI) system uses the STRONG received through NUBI to govern the protocol and regulate the community's contributions per node, the level of monthly maintenance fees, burning STRONG for NFTs, and more. The protocol has the capability to issue NFTs in addition to its native token as compensation.

What is the history of Strong?

StrongBlock was established in July 2018 by CEO David Moss, a Los Angeles-based blockchain entrepreneur with three decades of experience as CTO, CEO, and founder of various tech-related companies. He is supported by CTO Brian Abramson, a systems administrator, and developer with almost two decades of experience. Abramson previously was the VP of Infrastructure for Block.one, a blockchain company related to EOS. The third member of the executive team is CPO Corey Lederer, an expert for enterprise blockchains and cryptocurrencies. Lederer was the former Senior Director at Block.one and has two decades of experience in leadership positions at companies like Nike.