Validator Feature Series

Every week we will be highlighting a new validator that is helping to grow the Solana network.

Figment Networks

Two years ago Solana didn’t exist. We simply had an idea for a trust-less clock and our founders had a desire to build something big in rust, and so Proof of History was born. We assembled, and day after day, week after week, month after month, rebuilt blockchain from the ground up for scale. Now, we’re at a point where we’ve been able to prove the performance of the network in real-world conditions and are imminently ready to launch. However, the credit for being able to get to where we are sits not only with our engineering team, but also our validator community. They have spent their resources, time and effort working with us tirelessly to help us identify issues and stress-test our network. This week we’d love to highlight one of the teams who have been critical to our success — Figment Networks.

Figment Networks is now a household name in the validator ecosystem, having been actively involved within the Cosmos ecosystem, rapidly expanding to support a large swath of other protocols, and most recently being the recipient of a grant from the Web3 Foundation. We’re humbled to have had them actively participate in the Solana network over the past several months. Their involvement has enabled us to quickly iterate on the protocol and simulate real-world conditions post-launch. They also bring to the table:

  • Their experience in governance in various other protocols and passion for decentralization which we believe will help steer the Solana community during its critical phases post-launch
  • Their expertise and knowledge in developing tooling and infrastructure for validators, token holders and developers alike, exemplified through the success of the Hubble.

If you’d like to learn more, we were recently hosted by their team to conduct an AMA together with our CEO Anatoly Yakovenko here.

About Figment Networks

Figment Networks provides infrastructure, software, and governance solutions for Proof of Stake Networks. Co-founders Matt Harrop, Lorien Gabel, and Andrew Cronk have 25+ years of experience building and scaling internet infrastructure. Figment Networks currently provides enterprise-grade delegation services on 12 live networks and is actively participating in a variety of testnets, including Solana.

“We’ve been impressed with Solana’s ability to tackle hard problems and bounce back when facing previously unforeseen challenges. The design and results of Solana’s adversarial testnet has enabled the Solana team to methodically ramp up the quality and security of their upcoming mainnet.”

Yannick Folla, Business Development Manager at Figment Networks

Figment Networks is also a leader in software development for Proof of Stake protocols. Their staking platform, Hubble, is utilized by a multitude of networks, including Tezos, Cosmos, and Kava.

Figment Networks also understands the importance of governance within these networks. They launched the Cosmos Governance Working Group in December and will be leading a governance community education campaign with Livepeer.

Figment Networks exists within the entire lifecycle of Proof of Stake networks. They help in the testing process, they secure networks via their infrastructure, they build software tools to increase adoption and usability of networks, and they are active participants in network governance.

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