• By bringing Exaion on board as a validator, Etherlink is able to reinforce its commitment to innovation and sustainability in blockchain technology.
  • The Chief Executive Officer and Co-Founder of Exaion, Fatih Balyeli, has stated his delight in supporting Tezos.

The French electric utility giant EDF Group backed  Exaion , a subsidiary of the company, has become a validator for Etherlink, a layer 2 blockchain that is powered by Tezos . Exaion’s influence in the blockchain ecosystem will be expanded as a result of this move. In October of 2020, it became Tezos’s corporate baker and joined the company.

Etherlink has received formal confirmation that Exaion, which is well-known for its high-performance computing solutions and cloud services for blockchain, has joined the company. Exaion will, by the end of the year, function as a validator, which will allow it to contribute to the upkeep of the security of the recently launched Etherlink network.

The Chief Executive Officer and Co-Founder of Exaion, Fatih Balyeli, has stated his delight in supporting Tezos, which is a demonstration of the technical expertise of France and is in line with the objective of their organization.

Fatih Balyeli, CEO and co-founder of Exaion stated:

“By joining Etherlink as a Smart Rollup node operator, we can play a role in maintaining network security while providing a high-quality digital service to anyone using the chain. We’re proud to continue supporting Tezos, an example of French technological ingenuity that aligns with our own mission.”

The capabilities of Etherlink, which are compatible with EVM, make it possible to establish links with other blockchains that are compatible with EVM. Tezos’ position in the race for blockchain technology is strengthened as a result of this, which provides an ecosystem that is both more comprehensive and interconnected.

Since it was first introduced, Etherlink has managed to attract a wide range of projects, including as the money market fund platform known as Spiko and the real asset platform known as Midas, which is backed by Coinbase. Additionally, the inclusion of Exaion as a validator contributes to the network’s stability and decentralization, both of which are essential for Etherlink’s continuing expansion. The reliability and robustness of rollup security are both improved when there are more trustworthy validators.

Etherlink is being used by a number of platforms for the purpose of testing use cases, such as tokenized assets and contract deployment. This endeavor exemplifies the adaptability and potential of Etherlink as a layer 2 blockchain solution. It is anticipated that Etherlink will continue to develop and adapt new technologies in order to satisfy the ever-changing requirements of the industry with the assistance of validators such as Exaion.

By bringing Exaion on board as a validator, Etherlink is able to reinforce its commitment to innovation and sustainability in blockchain technology, as well as improve the security of its network. Rollup security is strongly dependent on the availability of honest validators, according to Arthur Breitman, who is one of the co-founders of Tezos.

Arthur Breitman, co-founder of Tezos stated:

“Rollup security relies on the presence of at least one honest validator. So the more reputable parties validating the Etherlink rollup, the more robust it is.”

It is clear that cooperation is essential to the development of blockchain technology, as seen by the relationship between Exaion and Etherlink. Both Exaion and Etherlink are at the forefront of creating blockchain solutions that are both efficient and safe for a better digital future. This is made possible by the resources and experience of Exaion, as well as the unique platform that Etherlink offers.