Stash Node Pro – Mobile Transaction Server Financial Platform?

About Stash Node Pro

With the way Bitcoin network has evolved over the last 7 years, it is becoming increasingly cumbersome for end users to host full nodes. New adopters resort to using wallets provided by Bitcoin exchanges or software wallets of limited functionality, leaving themselves vulnerable to hacks, fraud and theft of crypto assets.

Under the auspices of Cliff Baltzley and Chris Odom, Stash Inc. has been working on a solution for the past several years. Stash believes in a future where trusted financial service providers will be replaced by software and consumer devices. Their mission is to give users powerful new capabilities and 100% control over their own money.

Stash thinks it has found just the ticket in Stash Node Pro.

Bank in a Box

With a self-hosted copy of the blockchain, ability to support any block size and completely autonomy and control over crypto assets, Stash Node Pro is a Bitcoin full node with a built-in wallet and the first turnkey plug-and-play solution with support for Open-Transactions.

Paired with Stash Node Pro, the Stash wallet gives additional transaction capabilities and full roaming access to a personal copy of the blockchain. The wallet features simplified private payments, invoices and refunds, encrypted messaging and decentralized identity platform.

Created by Chris Odom, Open-Transactions is a secure financial cryptosystem processing off-blockchain transactions that support pre-approved payments and customizable smart contracts. By combining off-chain financial system with Bitcoin, the utility of the chain is enhanced. Open-Transactions makes possible fast, secure, and private payments that give users the functionality of financial services while retaining exclusive control over their own accounts.

Features of Open-Transactions :

  • Untraceable Digital Cash (real blinded tokens)
  • Anyone An Issuer (Ricardian-style Contracts)
  • Bearer-only, Fully-Anonymous (when used cash-only)
  • Pseudonymous User Accounts (user account == PGP key)
  • No Account History (asset account == the last receipt)
  • Many Financial Instruments (cheques, cash, vouchers, invoices…)
  • Basket Currencies (10 “baskets” == 5 gold, 3 silver)
  • Markets with Trades (stop, fill-or-kill, limit orders…)
  • Payment Plans

Untraceable Payment Addresses

Stash Node Pro's payment address innovation gives users a single, re-usable address for payments and messaging that prevents blockchain observers from viewing transaction history. However, the parties themselves are still able to view the entire history between them. Plus, users can refund payments without the hassle of requesting the creation and transmission of a new wallet address.

Stash’s payment addresses are much more analogous to typical email addresses in terms of functionality (static, bi-directional, and re-usable). This basic functionality is easy to take for granted, but is sorely needed in Bitcoin today. This technology also forms the basis for Stash's decentralized identity platform and private end-to-end encrypted messaging.

Future Features

Stash is currently working on various new features such as Trustless bitcoin mixing, multi-sig transaction support for Stash Node Pro, support for other crypto currencies, DAO development tools, SMS payment apps and P2P marketplace integration of the node.

Packed with so many features and more in the offing, Stash Node Pro comes at a premium, as it costs $987. According to the website, the device is currently immediately unavailable. Anyone looking to buy may have to wait a few weeks if not months.

Although it's a great device for beginners seeking a convenient way to host a full node, advanced users are able to avail cheaper options to access the functionalities offered by Stash Node Pro.

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