Easy2Stake Joins Union as a Validator: Empowering the Future of Decentralized Finance
Easy2Stake Joins Union as a Validator: Empowering the Future of Decentralized Finance
In a significant stride towards the evolution of decentralized finance, Easy2Stake has officially joined Union as a validator. Union, a cutting-edge network, stands as a hyper-efficient zero-knowledge infrastructure layer facilitating general message passing, asset transfers, NFTs, and DeFi. Built upon consensus verification principles, Union boasts a trustless ecosystem without any kind of dependencies on third parties, oracles, multi-signatures, or MPC — hence without the need for central authorities, reducing the risk of fraud and enhancing security.
Union’s core values, embodied by speed, security, future-proof technology, and user-friendliness, are perfectly aligned with the principles of decentralization and financial accessibility.
Union leverages zero-knowledge proofs, allowing transactions to be verified without revealing any sensitive information. This technology ensures privacy and confidentiality, crucial factors in the world of finance, where data security is supreme. One of Union’s standout features is its capability to facilitate swift and efficient asset transfers. Whether it’s cryptocurrencies, NFTs, or any other digital assets, Union’s infrastructure ensures rapid and secure transfers, making it ideal for various DeFi applications.
Union’s underlying security model is grounded in consensus verification, the industry standard for secure bridging. This innovative approach ensures that each transaction originating from the counterparty chain is rigorously verified. Unlike conventional methods that rely on a set of private keys, Union’s consensus verification eliminates the need for trusted intermediaries. The network’s security is derived from the chain itself, and as long as one-third of the validators remain honest, Union’s network and bridge stand secure. Union pioneers a new era in bridging protocols, moving beyond conventional Proof of Authority models. Unlike solutions that distribute private keys across a limited number of entities, Union’s consensus verification offers unmatched decentralization and security. With CometBLS supporting hundreds of validators and the integration of DVT tech enabling thousands, Union has rapidly set a new golden standard in bridging technology.
The network ensures swift generation and settlement of bridging transactions while adhering to fork-choice rules. Moreover, Union’s technology is designed to remain robust and adaptable over the next decade, making it a powerhouse in the realm of decentralized finance.
What sets Union apart is its commitment to providing a secure foundation for builders and users in the WEB3 space. The network’s recent achievement includes the introduction of Union Chain Standard 1 (UCS-1), an enhanced version of ICS-20, optimizing asset transfers between Ethereum Virtual Machine (EVM) and Cosmos-SDK-based chains. This milestone showcases Union’s dedication to enhancing efficiency in fund transfers, exemplified by experimental support for MetaMask through Leap Snaps.
Union’s commitment to eliminating weak, centralized links in the decentralized finance landscape is essential. By eradicating reliance on trusted third parties, Union ensures the resilience and strength of the global DeFi market. This innovative approach safeguards protocols, preventing billions in potential losses and fostering a resilient, autonomous market where users can trust in the integrity of their transactions.
In this landscape of innovation and trustless infrastructure, Easy2Stake’s integration as a validator solidifies Union’s position as a pioneering force in the decentralized finance revolution. Together, they empower a future where financial transactions are not just secure and efficient but also truly decentralized, embodying the ethos of trustless, borderless finance.
Connect with Easy2Stake on the following channels:
Website: https://www.easy2stake.com/
e-mail: contact@easy2stake.com
telegram: https://t.me/easy2stake
twitter: https://twitter.com/Easy2Stake
