This is an Official statement from Allnodes regarding VaaS and Tendermint Keys Management
Source: https://blog.allnodes.com/vaas-and-tendermint-keys-management-explained-55b99ef8125a tendermint 1440×760 101 KB This post was created to address the growing discussion about key management, VaaS , and related topics within the Cosmos community. Unfortunately, there have been many confusing and misleading statements made over the past few weeks, often due to a lack of knowledge or a clear misunderstanding of these complex topics. In order to prevent further damage to the community or our company’s reputation, we have decided to clarify some of these important concepts. We believe that educating ourselves and others is crucial to avoiding misunderstandings and making well-informed decisions that benefit the community. VaaS and key management. This is by far the most active and also controversial topic that we have found and by far the most error-prone and requires basic, yet accurate knowledge. What is VaaS? VaaS stands for “ Validator as a Service ”, another term is white label solution. It is a service that provides users with access to a pre-configured validator node on a blockchain. VaaS providers allow users to participate in the network without having…
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