Horizen’s Latest Addition To Super Nodes – Single Address Staking with Alternate Payout Addresses!

This article was first published on Horizen
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Our latest additions open the doors for institutional product offerings and extend the usability for our Super Node operators! 

We are excited to announce two new additions to the Horizen ecosystem: Single Address Staking with Alternate Payout Addresses and the new Horizen Stake Verification Tool

About Our New Releases

Single Address Staking allows multiple stake amounts for multiple nodes to be ‘stacked’ in one ZEN address. Payouts can be split across up to five ZEN addresses, each with a different percentage of the total earnings. This greatly reduces the management required when running multiple nodes!

  • Only one stake address is needed instead of one for each node
  • The destination address of payouts can be configured, removing the need for batch withdrawal transactions from individual stake addresses
  • Total transaction count can be reduced, improving wallet performance

The Stake Verification Tool proves ownership of a transparent stake address for Horizen Super Nodes which is a requirement for Single Address Staking.

Check out our GitHub Readme file for detailed instructions on using the Horizen Stake Verification Tool. Full documentation and guides will be provided soon.

Be sure to send us your feedback about our latest additions! You can send your comments to our team on Twitter, Facebook, or Discord.

The post Horizen’s Latest Addition To Super Nodes – Single Address Staking with Alternate Payout Addresses! appeared first on Horizen.

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