The Xandeum Foundation is pleased to announce the appointment of Dr. Anthony Blenn as its new Director. Dr. Blenn will lead the Foundation’s mission to accelerate the adoption of the Xandeum scalable storage layer and foster the growth of its developer ecosystem. This appointment aligns with Xandeum’s goal to transform Solana’s storage capabilities by providing a scalable, decentralized storage layer.

A long-time supporter and strategic contributor to Xandeum, Dr. Blenn brings decades of leadership and operational experience in regulated sectors, combined with a founder’s mindset and a deep belief in decentralized systems. His appointment marks a key milestone in Xandeum’s transition from vision to execution.

Key areas of focus for Dr. Blenn include:

  • Launching XFRP (Xandeum Foundation Rewards Program) and XFDP (Xandeum Foundation Delegation Program).

  • Strengthening the relationship between the Foundation and the XAND DAO.

  • Accelerating development of the storage layer and ecosystem tools.

  • Improving the developer experience and onboarding pipeline.

  • Driving ecosystem growth through digital outreach, conferences, and business development partnerships.

Dr. Blenn’s appointment brings new energy and commitment to the Foundation’s mission,” said a Xandeum spokesperson. “He understands our long-term vision and is ready to help make it a reality by building community, programs, and partnerships that unlock web3’s next frontier.”

The Xandeum Foundation, based in the Cayman Islands, is the legal steward of Xandeum’s open-source storage infrastructure and ecosystem programs. It works closely with the XAND DAO to support protocol growth and decentralization. Xandeum aims to address Solana’s growing need for efficient and secure data storage through its Provider Nodes (pNodes), which act as a “hard drive” layer, enhancing CPU and RAM capabilities. These pNodes utilize erasure coding and adjustable redundancy levels to ensure data integrity, protection, and cost-efficient storage. This innovation enables smart contracts to manage large-scale data, empowering data-heavy decentralized applications (dApps) like decentralized databases and AI-powered platforms. By providing a decentralized file system, Xandeum’s pNodes reduce the storage burden on validators, enhancing network efficiency and opening new revenue streams.

For more information, visit the Xandeum Network website or join the conversation on X.com.

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involves risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

This press release was originally published on this site

You May Also Like

Alpha Sigma Capital Research Releases New Report on RAIR Protocol (RAIR)

Alpha Sigma Capital Research is provided by Alpha Sigma Capital Advisors, LLC,…

Decentralized Privacy Centric Search Engine Presearch Launches “NSFW” Spicy Mode Search Experience

Presearch (www.presearch.io), the privacy-centric, non-profiling meta-search engine, announced today the launch of a free…

Immunefi Reports $685M of Funds Lost in Crypto in Q3 2023: Number of Incidents Grew 153% YoY

Immunefi, the leading bug bounty and security services platform for web3, protecting…

GlobaleCrypto Leads the Cloud Mining Industry with a Strategic and Technological Masterpiece

GlobaleCrypto, a renowned name in the cloud mining sector, today announces its…

SuperFriends Introduces $FRIENDS Token: Empowering Friendship in the Crypto Community

SuperFriends, a global collective of passionate crypto enthusiasts, is thrilled to announce…

Leading the Future of Finance: CryptoHeap’s Breakthrough in Advanced Staking and Farming

CryptoHeap, a leader in the cryptocurrency industry, is making waves with its pioneering…

TecCrypto Launches Educational Initiative to Empower Aspiring Cryptocurrency Miners

In a pioneering effort to democratize access to the burgeoning field of…

MetaWin Founder Launches $ROCKY Meme Coin on Base Network

London, United Kingdom, April 29th, 2024, Chainwire An exciting new meme coin,…

Usbit trading center launches new logo to mark anniversary milestone

Usbit trading center, a global digital asset trading platform, has officially launched…

Be.Art, connecting art and the web with the genetic NFT recognition criteria for Art Collections

The value we currently see in NFT basically stems from user consensus,…