exSat Unveils Testnet with Leading Validators and Mining Pools at Bitcoin 2024

7 months ago |   readers | 2 mins reading
exSat Unveils Testnet with Leading Validators and Mining Pools at Bitcoin 2024

At the Bitcoin 2024 conference in Nashville, exSat launched its groundbreaking testnet, aiming to address Bitcoin’s scalability and interoperability challenges. As a Docking Layer for Bitcoin, exSat quickly attracted prominent names from the crypto industry, including exchanges like Bitget, leading validator infrastructure providers such as Everstake, and top Bitcoin mining pools like SpiderPool.The exSat testnet supports advanced smart contracts and business logic applications across various Layer 2 solutions. It generates a UTXO Index for efficient navigation and facilitates the issuance and trading of assets like Ordinals and Runes. Additionally, the platform offers UTXO lending and renting capabilities, enhancing its utility and flexibility within the Bitcoin ecosystem.exSat’s testnet is supported by a distinguished group of initial validators and mining pools like:Other validators and mining pools include: BitTrade, ChainUp, HashKey Cloud, InfStones and Treis Blockchain.”These validators bring a combination of deep expertise and a unified commitment to building a scalable, secure Bitcoin ecosystem. Their diverse technological skills and visionary approaches are vital as we work together to expand Bitcoin’s capabilities and improve its overall framework, ensuring a robust and efficient future for blockchain technology,” -Yves La Rose, Founder of exSatTo ensure robust security, exSat has partnered with BlockSec. BlockSec uses its Phalcon platform to provide real-time threat detection and automatic response mechanisms, safeguarding the exSat network against potential security threats.As the testnet progresses, exSat plans to continuously optimize its platform and onboard additional validators. Entities meeting the staking requirements and demonstrating technical prowess are encouraged to join.The testnet is now live, and you can track its progress on the exSat explorer.exSat’s launch of its testnet at Bitcoin 2024 is a big step forward to improving Bitcoin’s scalability and interoperability. With support from their validators and mining pools, and a strong security framework, exSat plans to revolutionize the Bitcoin ecosystem.

This article is originated from the source

Coin Codex
Read Full Article
Published on Other News Site
cointelegraph Badgebitcoin Badgedecrypt Badgecryptonews Badgeu Badgebeincrypto Badgeblockworks Badgecoincodex Badge