Enterprise-Grade Validator Kiln Joins Core Chain, Boosting Security and Decentralization

Kiln, an experienced blockchain validator, has joined Core Chain, a Layer-1 blockchain built on Bitcoin, as a staking validator. This collaboration enhances Core Chain's security and decentralization, leveraging Kiln's expertise in managing large-scale Bitcoin staking. Kiln's reputation for secure and seamless staking operations, with over $3 billion in assets under management, adds credibility to Core Chain's network.

Kiln Becomes Staking Validator on Core Chain, Bolstering Network Security and Decentralization

Kiln, an industry-leading enterprise-grade validator, has joined forces with Core Chain, a Bitcoin-powered Layer-1 blockchain, as a validator on its network. This strategic partnership marks a significant step towards enhancing Core Chain's security and decentralization, leveraging Kiln's expertise in managing large-scale Bitcoin staking.

Kiln's reputation for seamless and secure staking operations has earned it recognition in the industry. With its suite of smart contracts, the company simplifies staking through on-chain contracts, enabling users to participate in Kiln's staking pools and reap rewards through a simple transaction. Currently, Kiln manages an impressive 1,168,288 staked ETH, representing nearly $3 billion in assets under management.

"We are thrilled to support Core Chain as a node operator," said Ernest Oppetit, Co-founder and CPO at Kiln. "Core Chain's unique approach of leveraging the BTC network while providing EVM compatibility opens up new possibilities for Bitcoin utility. We are excited to contribute to this vision."

"Kiln's proven reliability and reputation for trustworthiness make them an ideal partner for securing the Core Blockchain and supporting our recently announced non-custodial Bitcoin staking product," said Brendon Sedo, Initial Contributor to Core.

Beyond its role on Core Chain, Kiln is also the largest operator of validator nodes on the Ethereum blockchain, managing over 4% of the network's validators. Its expertise in securing validator operations makes Kiln a preferred choice for institutional clients. Through its SDKs and APIs, Kiln's staking pools offer a sophisticated approach to staking, even allowing dedicated validators for customized client requirements.

About Kiln

Kiln is a leading enterprise-grade staking platform, empowering institutional clients with asset staking capabilities and enabling whitelabeling of staking functionality into their offerings. Its API-first platform automates validators, rewards, data, and commission management for optimal efficiency. With over $7 billion in crypto assets programmatically staked, Kiln boasts a remarkable track record on Ethereum, operating approximately 5% of the network with over 43,000 active validators and an impeccable record of zero slashing events.

About Core

The Core blockchain network is a Bitcoin-powered Layer-1 blockchain designed for EVM-Compatible smart contracts. Leveraging the security of Bitcoin's mining hash power, Core enhances Bitcoin utility and rewards, solidifying its position as the most Bitcoin-aligned EVM blockchain. This breakthrough has garnered a massive community, with 2.2 million Twitter followers, 250,000 Discord members, and millions of Core adopters. Since its mainnet launch in January 2023, Core has registered over 15 million unique addresses and processed 230 million transactions.

The partnership between Kiln and Core Chain represents a pivotal step towards strengthening the security and decentralization of the Core Chain network. Kiln's expertise in staking and validation, combined with Core Chain's innovative platform, will undoubtedly drive the adoption of Bitcoin-powered smart contracts and further expand the utility of Bitcoin for users worldwide.