π The public utility that facilitates the movement of digital assets between networks in a quick, secure, and cost effective way welcomes Dai thanks to @StableNode π€ @HashportNetwork partnership. π
βοΈ The multi-chain strategy for Dai arises through another integration while @StableNote will secure the Hashport portal along other industry-leading validators.
π This collaboration between StableNode, Maker and Hashport also aims to push DeFi in the upcoming @hedera ecosystem
π Specifically, the partnership allows StableNode to run a validator node on Hashport with the facilites of DAI integration in their portal.
π @hedera is an enterprise-grade proof-of-stake public network, powered by hashgraph consensus that achieves the highest-grade of security possible with blazing-fast transaction speeds and incredibly low bandwidth consumption.
π @HashportNetwork provides an agnostic, utility-first approach to maximise the potential of crypto, as a new distributed ledger interoperability solution that has the potential to radically increase cross-network functionality of decentralized networks.
π @StableNode is a Node Validator and Venture Capital Fund for early-stage Blockchain companies, providing a broad range of hands-on advisory focused on the DeFi and NFT space.
The official Canonical Dai bridge is now deployed on @Arbitrum Nova!
What is Arbitrum Nova and why is the Canonical Dai deployment so important?
Let's go
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1/
@arbitrum Arbitrum Nova is a new chain built by @OffchainLabs for projects with very high transaction volumes that seek to drive costs even lower but still want high security.
This Arbitrum chain is different from Arbitrum One (the Rollup), and uses a new technology called AnyTrust.
2/
@arbitrum@OffchainLabs Unlike Rollup chains, which directly inherit their security properties from the security of Ethereum, AnyTrust chains use a different security model which enables them to offer lower transaction fees.