ExSat is delighted to announce that Everstake, a leading blockchain service provider, will be joining our network as a recognized Validator node as part of a fresh collaboration. Our shared goal of improving scaling solutions via the exSat Docking Layer for the benefit of the Bitcoin ecosystem is greatly advanced by this partnership.
When it comes to blockchains, investments, staking, and guardianship, Everstake is a prominent blockchain firm. Everstake supports around 900,000 retail and institutional delegators and collaborates with about 80 blockchain networks as a validator.
Everstake has supported the growth and development of several well-known blockchains and projects, like Wormhole and Solana, thanks to its globally dispersed infrastructure and a staff of highly skilled DevOps and researchers. The company has maintained near-perfect uptime during its entire existence.
The Bitcoin Docking Layer: exSat
Bitcoin’s intrinsic scalability and interoperability issues are addressed with exSat, a revolutionary Docking Layer. Enhanced scalability, security, and ecosystem compatibility are made possible by exSat’s Data Availability Layer and Decentralized Indexer, which expand BTC’s data capabilities.
This method provides a solid foundation for smart contracts and complicated business logic applications by integrating Bitcoin with a variety of Layer 2 solutions.
Hybrid Consensus Mechanism
With its innovative Data Consensus Extension Protocol, exSat blends PoW and PoS, two distinct consensus mechanisms. With this hybrid consensus mechanism, exSat can improve BTC’s data consensus and provide a scalable and secure infrastructure for the Bitcoin ecosystem by utilizing the capabilities of both PoW and PoS.
exSat Validator Nodes
To further decentralize and increase Bitcoin’s functionality via exSat, entities interested in functioning as Validator Nodes are crucial. Ensuring that active and competent partners contribute to our rich ecosystem, these nodes play a critical role in sustaining the network’s integrity and scalability. To ensure the network’s security and operating effectiveness, validators are chosen according to their technical skills and level of dedication.
Yves La Rose, Founder of exSat stated:
“I am especially thrilled to welcome Everstake as a validator for exSat. Everstake’s Founder Sergey and I have known each other for years, working together closely and sharing numerous personal and professional experiences. His leadership and Everstake’s proven track record of near-perfect uptime and innovative solutions are unparalleled. This partnership is a testament to our mutual respect and commitment to advancing the blockchain space. Everstake’s involvement will significantly enhance our efforts to build a more scalable and interoperable Bitcoin ecosystem.”
Expanding Bitcoin’s Ecosystem
With the help of Everstake, exSat will be able to expand Bitcoin’s capabilities by facilitating safer and more efficient transactions and the introduction of sophisticated smart contracts. A big step toward our common goal of a scalable, interoperable Bitcoin ecosystem, Everstake’s position as a Validator will be essential in keeping the exSat network secure and efficient.
Keep an eye out for future announcements as we unveil more validators joining exSat, further demonstrating our commitment to building an interoperable and scalable Bitcoin ecosystem.
The team at exSat is committed to fixing Bitcoin’s problems with scalability and interoperability. The goal of exSat is to improve the data consensus, scalability, security, and ecosystem interoperability of BTC by introducing a Data Consensus Extension Protocol that merges Proof of Work (PoW) with Proof of Stake (PoS). Visit exsat.network for additional details.
