We strongly believe that Cardano can empower people around the world who do not have open access to identity, banking, insurance and other financial services. These foundations have the potential to transform and improve the lives of billions of people during the 21st century.
The ADAvault founders have worked in information and cyber security for many years, and bring to ADAvault deep software and infrastructure development experience, gained designing and operating the controls that protect some of the worlds largest insurers, banks, exchanges, and payment services.
ADAvault is an independent operator focused at this point on delivering highly secure, decentralised and reliable Stake Pool infrastructure. We operate with low latency fiber connectivity, bare metal servers, hardware firewalls, fault tolerant design and UPS protection.
We only run a small number of pools, and our fees will always be fair. As the Cardano system grows we plan to extend our services to include custodial options, in addition to Stake Pool delegation. We will continue participating and contributing to the Cardano community.
We have participated in Open Source projects and watched closely as the crypto world has grown through 1st and 2nd generation technologies. For us the philosophy and approach of Cardano as a 3rd generation technology is a big part of its attraction, and gives confidence in the likelihood of long term success and wide adoption.
The Cardano community are very focused on positive outcomes, embrace newcomers, and willingly share knowledge. The leadership and vision is very strong. We believe this will be a really important factor in the next 5 years to build the ecosystem to the point where it is self sustaining.
Cardano also enjoys a number of significant technical benefits over other blockchains. These will be critical to enable the Cardano goal of becoming the worlds financial operating system:
- Rigorous scientific and mathematical basis to the design with academic peer review
- Proof of Stake protocol supports true decentralisation and is environmentally sound
- Transparent and scalable governance mechanisms
- Smart contract languages that can be made widely accessible
- Interoperability that can position Cardano as the internetwork of blockchains
ADAvault uses bare metal servers, linux hardened builds, dedicated secure racking, and low latency fibre optic connectivity. It is built in line with the Cardano reference architecture with multiple relay nodes, a seperate Block Producing Node (BPN), and cold storage for keys.
All ADAvault components are powered by 100% carbon neutral renewable energy from a certified green energy supplier tariff. We also pay for 5 trees to be planted each year which will absorb 300kg of carbon as they grow as well as providing habit for wildlife.
In September 2021 we also donated 5,000 trees to the Cardano Forest.
We are very focused on privacy and security. System operations and design is aligned to the NIST Cybersecurity Framework, and NIST 800-53. We use Qualys for vulnerability scanning and Cloudflare as our Web Application Firewall.
Our SSL Labs security scan passes with rating ‘A’.
We operate using an active-active topology with a cluster of relays connected to active BPNs, with passive BPNs in warm standby (replicating but not producing blocks). We swap the active nodes for maintenance (security patching, node upgrades, and hardware changes).
The relays and BPNs are running Node 1.30.1. All hardened builds are based the latest Linux O/S latest stable LTS versions. We use a combination of Ubuntu & CentOS distros.
Further details are available upon request.