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Powered by LMWR: Blocknode DAO & Tokenomics
Blocknode uses event sourcing with quorum signatures to validate and record all storage events (PUT, GET, DELETE). Validator nodes operate as a distributed quorum, verifying ECDSA signatures and issuing periodic Proof-of-Storage (PoS) challenges. Non-compliant providers are penalized via slashing of staked LMWR. Validators initially run under Blocknode control but will transition to a DAO structure.
Blocknode Storage Providers offer encryption at-rest. For full End-to-End encryption, as Blocknode is fully S3 compatible, the official AWS “S3 Encryption Client” can be used to transparently encrypt and decrypt all data sent to/from Blocknode.
Preliminary synthetic benchmarks show Blocknode can achieve upload (PUT) rates exceeding 10 Gbit/s and comparable GET latency to MinIO baseline (~25 ms).