Covalent (CXT) Expands Operator Network by over 42% to Meet Surging Demand and Strengthen Staking Infrastructure for Long-Term Data Security

cryptonews.com:

Covalent, the leading modular data infrastructure for AI with +230 chain integrations and 1000’s of customers, is thrilled to welcome five new operators to its network: Graphyte Labs, PierTwo, StakeCraft, Sensei Node, and Matrixed Link. With these additions, the Covalent Network has expanded to include a total of 37 participants, comprising 23 Block Specimen Producers (BSPs) and 14 Block Results Producers (BRPs). This growth represents over a 42% increase, rising from 26 in May 2024 to 37 in just two months.

Expanding the operator base is a critical step in enhancing Long-Term Data Availability and verifiable data. Covalent’s Ethereum Wayback Machine (EWM) stands as a cornerstone of this mission, preserving onchain data that is frequently deleted after short periods. By onboarding these new operators, Covalent reinforces its infrastructure to support thousands of network customers and ensure seamless access to onchain data from over 230 blockchains, enriching over 300 million active wallets.

Graphyte Labs, PierTwo, StakeCraft, Sensei Node, and Matrixed Link are joining the Covalent Network, bringing a wealth of expertise and robust infrastructure to its verifiable data mission. These operators will be crucial in fortifying the EWM and ensuring the integrity and longevity of blockchain data.

As the delegation room of the Covalent Network rapidly reached 100% capacity and 22% of the supply became staked, Covalent acknowledges the community’s robust commitment to its staking infrastructure. To further enhance and decentralize and secure the network, Covalent is committed to strengthening its operations. Adding new operators is a crucial step in ensuring continued quality, reliability, and efficiency.

As Covalent prepares