In a significant advancement for the Tezos community, Exaion, a subsidiary of the French electric utility giant EDF Group, has officially become a validator for Etherlink, a layer 2 blockchain solution powered by Tezos. This move signifies not only Exaion’s commitment to the Tezos ecosystem but also showcases the growing importance of layer 2 solutions in the blockchain space.
Etherlink, which was launched in late 2024, operates as an Ethereum Virtual Machine (EVM) compatible layer 2 platform. This means it can seamlessly integrate with Ethereum tools, leveraging the innovative rollup technology of Tezos. This integration facilitates non-custodial solutions and enhances the overall scalability and accountability within the network, making it an appealing choice for developers and businesses alike.
Fatih Balyeli, the CEO and co-founder of Exaion, expressed pride in joining Etherlink, stating, “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.” This underscores Exaion’s dedication to improving network integrity while contributing to the technological prowess of Tezos.
The Etherlink platform has already attracted significant interest since its launch, with various projects, including a money market funds platform and a real-world assets platform, beginning to leverage its capabilities. The involvement of Exaion as a validator enhances the overall decentralization and stability of the network, which is critical for its long-term success. As noted by Arthur Breitman, co-founder of Tezos, the security of rollup technology significantly depends on having reputable validators. Therefore, the participation of companies like Exaion is paramount for the growth and sustainability of Etherlink.
- Key Features of Etherlink:
- EVM-compatible Layer 2 solution
- Deployed with Tezos’ rollup technology for enhanced scalability
- Supports a wide range of applications including tokenized assets
- Improves security and decentralization with trusted validators like Exaion
As the blockchain landscape continues to evolve, Exaion’s role as a validator within the Etherlink framework signifies a noteworthy development in the broader context of decentralized technologies. The addition of industry leaders to validate networks aligns with a collective goal of increasing transparency and efficiency in blockchain transactions. This strategic move reflects the ongoing commitment of Exaion to support and innovate within the blockchain realm, and it is anticipated that more such collaborations will further bolster the Tezos ecosystem.
