NTT Digital Joins NERO Chain as a Validator
In a significant development for the blockchain landscape, NTT Digital has officially joined the NERO Chain as a validator, marking an important step for both parties involved in the realm of decentralized technologies.
What is NERO Chain?
NERO Chain operates on a unique consensus model known as DPoSA (Delegated Proof of Stake with Authority). This model combines speed, security, and flexibility to create a modular architecture Layer 1 blockchain. Notably compatible with EVM and featuring account abstraction (AA) and Paymaster functionalities, NERO Chain aims to provide a highly convenient platform for both developers and users.
The Role of NTT Digital
With its entry as a validator, NTT Digital will oversee crucial operations including transaction verification, block generation, and the maintenance of network health. This participation is expected to significantly bolster the decentralization and reliability of the NERO Chain, which are vital components for any blockchain ecosystem. NTT Digital's advanced technology background can further enhance the foundation of NERO Chain, making strides in the proliferation of Web3 infrastructure across Japan.
Partnership Goals
Moving forward, NERO Chain plans to deepen its collaboration with NTT Digital to strengthen technical and business ties. This partnership may lead to accelerated growth and enhanced value within the NERO ecosystem, a community that continuously strives for innovation and resilience in the evolving blockchain space.
About NTT Digital
NTT Digital is dedicated to the social implementation of cutting-edge digital technologies. Its mission revolves around facilitating a safe and easy environment for individuals and businesses to utilize blockchain technologies as a Web3 enabler. With a global outlook, NTT Digital aims to pave the way for advancements in the adoption of decentralized systems.
Official Website:
NTT Digital
About NERO Chain
NERO Chain is a Layer 1 blockchain that addresses the challenges faced in the Web3 industry with its modular architecture. By implementing account abstraction, NERO Chain overcomes limitations related to token gas utilities and zero-sum constraints, thereby establishing a flexible and expandable ecosystem that underpins various application layers.
Developed by a global team renowned for its experience in Layer 1 technologies and Web3 project development, NERO Chain focuses on blockchain architecture, traditional finance, trading, and risk management. As such, it has gained recognition for its modular technological advancements.
The integration of NTT Digital is set to bolster the reliability and stability of the NERO Chain network, further accelerating the proliferation of Web3 infrastructure in Japan.
Official Website:
NERO Chain
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Please note that the information contained within this press release is accurate as of its publication date and may be subject to change without prior notice. This press release is not intended to solicit investments.