Kiln Partners with Core Chain to Enhance Security and Decentralization
Core Chain, a prominent Layer-1 blockchain directly connected to Bitcoin, has recently teamed up with Kiln, a trusted name in staking operations. This partnership is a vital step towards strengthening the security and decentralization of the network. Kiln, known for its enterprise-grade validator services, is now a validator on Core Chain, bringing enhanced security and decentralization to the network with its expertise in managing staking operations.
Through its collaboration with Core Chain, Kiln aims to boost Bitcoin security and programmability. By leveraging the Bitcoin blockchain, Kiln has successfully carried out large-scale staking operations, allowing users to participate in staking pools directly through on-chain contracts to earn rewards. Currently, Kiln manages over 1.1 million staked ETH valued at nearly $3 billion.
Ernest Oppetit, co-founder and CPO of Kiln, expressed excitement about supporting Core Chain and becoming a node operator. Core Chain taps into the security resources of the BTC network, enhancing its programmability with EVM compatibility. This not only benefits Bitcoin holders by increasing its value but also enhances the overall security of the network.
Brendon Sedo, Core Chain’s Initial Contributor, expressed delight in Kiln joining as a validator, citing their dependability and trustworthiness in securing the Core Blockchain. The collaboration with Kiln will help Core Chain align with Bitcoin and introduce a new non-custodial Bitcoin staking product.
Beyond its partnership with Core Chain, Kiln has established itself as a leader in Ethereum validation. As the largest operator of validator nodes on the Ethereum blockchain, Kiln’s expertise in secure validation makes it a top choice for institutional clients seeking secure staking solutions. With customizable staking pools and dedicated validators, Kiln offers a range of options to meet client requirements.
Overall, Kiln’s involvement as a validator on Core Chain not only secures the network but also demonstrates its commitment to making Bitcoin more accessible to the general public and improving blockchain infrastructure. With its extensive experience in staking operations, Kiln continues to shape the future of decentralized finance.