A lot of emphasis is placed on the decentralization of the Bitcoin network.

Bitcoin mine workers should create a store in a variety of jurisdictions to prevent any kind of regulatory capture of the network so that the mindset goes. Some members of the Crypto community even saw China’s 2021 crypto ban as a positive one because it forced mining – until then clustered in the middle kingdom – to spread to various other continents.

This discourse is not as widespread when it comes to proof-of-stake networks such as Ethereum and Solana, but the stake company Senseinode aims to make such blockchains as resistant as possible by spinning validator infrastructure in Latin America.

“When we started, 99% of the nodes were located in Europe, the US and some in Asia,” Senseinode CEO Pablo Larguia told Coindesk in an interview. “We were the first to bring the decentralization of geographical and jurisdiction to Latin America.”

With approx. $ 800 million worth of assets set through its platform, Senseinode is the 15th largest stacking company globally. The largest of them, oven, manages over $ 7 billion.

Senseinode operates in various Latin American countries, including Brazil, Argentina, Mexico, Chile, Costa Rica and Colombia. It has also nodes created in the US and Germany. The common point in all these jurisdictions is that Senseinode uses local and regional data centers.

“Most of the notes in the US and Europe host the Amazon Web Services. At the end of the day it is a centralization point, ”Larguia said.

Data centers in Latin America are usually not as advanced as Western.

Read more: Staked Ether creates a benchmark for the crypto economy, says Ark Invest

Requirements for nodes vary from protocol to protocol, Larguia said. For example, some projects may have greater storage requirements if their blockchain history is older.

Knude costs are also different. You only need $ 300 per Month to run an Ethereum Validator, while a Solana Validator costs $ 800 per day. Month. However, there are no limits to how many tokens you can delegate to a single Solana Validator, as opposed to Ethereum Validators limited to 32 ETH each. Ethereum efforts are therefore more expensive to handle for Senseinode than Solana stacking.

“For polkadot and avalanche we have like two or three nodes, but for Ethereum we have like 9,000,” Larguia said.