ExSat Collaborates with HashKey Cloud, Welcoming Them as a Top Data Validator
In Brief
exSat has formed a partnership with HashKey Cloud, supporting its involvement in the testnet as a Data Validator and joining the early validators at the mainnet's launch.
Docking Layer exSat announced a strategic alliance with HashKey Cloud , a Web3 service provider located in Hong Kong. Through this partnership, HashKey Cloud will serve as a Data Validator during the testnet phase and will be among the first validators when the mainnet goes live.
Yves La Rose, the Founder of exSat, shared with Cryptocurrencylistings, \"HashKey Cloud’s operations in Hong Kong place exSat in a prime position within the region's dynamic regulatory framework, promoting both innovation and stability. As Hong Kong evolves into a multi-polar financial hub, our partnership will facilitate the development of cutting-edge blockchain applications. Users can look forward to improved security, reliability, and scalability within the exSat network, setting the stage for more efficient and secure Bitcoin transactions.\"
Since its inception in 2018, HashKey Cloud has developed into a leading provider of Web3 infrastructure services, focused on delivering professional, stable, and secure blockchain solutions to clients worldwide. Their expertise encompasses more than 80 prominent public blockchains, along with ongoing advancements in Ethereum Layer 2 and Bitcoin Lightning Network technologies.
As part of initializing exSat, HashKey Cloud will assist in synchronizing the initial 840,000 Bitcoin blocks, laying the groundwork for consensus in the exSat Protocol. This is a vital step to ensure that the exSat network is fully operational and ready to function.
HashKey Cloud specializes in offering enterprise-grade solutions that support over 80 major public blockchains, including compliant Security Token Offering (STO) technologies and accompanying infrastructure products. The company also provides expert consulting services to help clients implement STO projects. In addition, they are involved in the development of Ethereum Layer 2 solutions, operation of Sequencers, provision of RPC services, and support for projects transitioning from testnet to mainnet, all aimed at boosting decentralization and furthering the cryptocurrency ecosystem.
ExSat and HashKey Cloud Team Up to Enhance the Bitcoin Ecosystem
Moreover, exSat aims to secure over 51% of the BTC hashrate while achieving more than 10,000 staked BTC. This cooperative endeavor, beginning with HashKey Cloud’s role in the testnet, is anticipated to bolster scaling solutions through the exSat Docking Layer, thereby advancing the Bitcoin ecosystem as a whole. HashKey Cloud will actively contribute to the development of the exSat ecosystem and incorporate exSat as a primary scaling solution for Bitcoin.
exSat is designed to address the scalability and interoperability hurdles faced by Bitcoin. It introduces a Data Availability (DA) Layer and a Decentralized Indexer, significantly enhancing Bitcoin’s data capabilities as well as scalability, security, and interoperability within the ecosystem. This infrastructure allows for the seamless integration of Bitcoin with Layer 2 solutions, presenting a reliable platform for executing smart contracts and applications featuring complex business logic.
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