đ Crypto News: Coinbase & Blockdaemon Launch NORS Standard for ETH Node Operators, Aiming to Attract Institutional Investors to Ethereum Staking! đ
đ On August 27, the Node Operator Risk Standard (NORS) was officially launched, helping ETH node operators get certified under strict criteria.
đ Evan Weiss (Alluvial) shared: "Building security standards that align with the expectations of financial institutions is an important step towards making blockchain technology more accessible."
đ Node operators seeking NORS certification will be assessed by independent auditors against 6 criteria in the Risk Management Matrix (RCM).
đŒ Although ETH ETFs have launched in the US, staking has not been mentioned yet. However, the amount of ETH staking has been increasing steadily every year since 2021.
đ Lachlan Feeney (Labrys) believes that the current ETH staking interest rate (2.06%) is lower than the returns from other assets, making organizations less interested.
đĄ Jaydeep Korde (Launchnodes) commented: "Staking is a new field, many institutional investors are still learning."
đ€ NORS was developed by companies such as Alluvial, Blockdaemon, Coinbase, and many other partners, to meet the auditing standards of large organizations.
đŹ What do you think about the NORS standard? Share your opinion in the comments section!#Crypto#Ethereum#Staking#Blockchain
