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Jakarta, Pintu News—Exaion, a subsidiary of French electric utility giant EDF Group, has become a validator for Etherlink, a layer 2 blockchain powered by Tezos.
This move expands Exaion’s role in the blockchain ecosystem. In October 2020, it joined Tezos as its corporate baker.
Etherlink is an Ethereum Virtual Machine (EVM) compatible platform powered by Tezos smart rollups. It offers seamless integration with Ethereum tools.
Check out the full news below!
Exaion, known for its high-performance computing solutions and cloud services for blockchain, has officially become part of Etherlink. As a validator, Exaion will contribute to maintaining the security of the newly launched Etherlink network by the end of 2024.
Fatih Balyeli, CEO and co-founder of Exaion, expressed his pride in supporting Tezos, which is a testament to French technological sophistication that aligns with their company’s mission. Etherlink as a Blockchain Technology Bridge The Etherlink platform enables non-custodial integration with Ethereum tools, leveraging Tezos’ rollup technology for scalability and accountability.
With its EVM-compatible capabilities, Etherlink facilitates connections with other EVM-compatible blockchains. This creates a broader and more integrated ecosystem, strengthening Tezos’ position in the blockchain technology competition.
Also read: 3 Latest Crypto Airdrops that Crypto Traders are Hunting for!
Since its launch, Etherlink has attracted a variety of projects, including money market fund platform Spiko and real asset platform backed by Coinbase, Midas. Exaion’s presence as a validator adds stability and decentralization to the network, which is crucial for Etherlink’s continued growth.
With more trusted validators, rollup security becomes more robust and reliable. Use Cases and Development on Etherlink Various platforms are testing use cases on Etherlink, including tokenized assets and contract deployment.
This initiative demonstrates Etherlink’s flexibility and potential as a layer 2 blockchain solution. With support from validators such as Exaion, Etherlink is expected to continue evolving and adapting new technologies to meet dynamic market needs.
Also read: Goldman Sachs Retracts Recession Prediction, Financial Markets Revive!
With Exaion on board as a validator, Etherlink enhances the security of its network and strengthens its commitment to innovation and sustainability in blockchain technology.
Arthur Breitman, co-founder of Tezos, emphasizes that rollup security relies heavily on the presence of honest validators. Therefore, the more trusted parties involved, the stronger and more durable the network will be.
Collaboration for the Advancement of Blockchain Technology. The partnership between Exaion and Etherlink demonstrates the importance of collaboration in advancing blockchain technology. With Exaion’s resources, expertise, and Etherlink’s innovative platform, both entities are at the forefront of developing efficient and secure blockchain solutions for a better digital future.
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Exaion Strengthens Tezos Support as Etherlink Validator! – Pintu
