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Introducing LayerEdge's HMDA Protocol

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Release: 2024-07-21 15:22:07
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LayerEdge's Hybrid Modular Data Availability (HMDA) protocol has been unveiled as a key innovation in the Bitcoin space.

Introducing LayerEdge’s HMDA Protocol

Bitcoin Layer 2 gained secure timestamping capabilities thanks to LayerEdge's new HMDA protocol

In recent developments in the Bitcoin space, the company LayerEdge has launched a testnet for the HMDA protocol, which allows for secure and verifiable timestamping of Bitcoin. This will improve the security and efficiency of rollups and proof-of-stake (PoS) chains, making Bitcoin the source of truth. Introducing LayerEdge's HMDA Protocol LayerEdge's Hybrid Modular Data Availability (HMDA) protocol has become a key innovation in the Bitcoin space. It is designed to seamlessly integrate with leading frameworks and data availability (DA) layers, reinforcing Bitcoin's role as a fundamental element in the Bitcoin ecosystem. This protocol addresses the urgent need for efficient timestamping solutions, especially in the context of Bitcoin scaling solutions.

The protocol is designed as a plug-in that can be compatible with multiple frameworks and DA layers, allowing Bitcoin to be used as a source of truth for blockchain-based PoS and rollups to improve integrity and security, unlocking a host of conveniences such as fast unbinding, new zone launching, and transaction security.

Major Integrations

LayerEdge has completed technical integrations with industry leaders such as Arbitrum Orbit Stack and Avail DA. which underscores LayerEdge's commitment to delivering reliable and scalable timestamping solutions that ensure the security of Bitcoin's proof of work (PoW). The expansion of these integrations further strengthens LayerEdge's position as a leader in the Bitcoin ecosystem.

About LayerEdge

LayerEdge HMDA is a modular timestamp protocol for hosting data on Bitcoin through existing data accessibility solutions. The protocol is designed as a plug-in that can be compatible with multiple frameworks and DA layers, allowing Bitcoin to be used as a source of truth to improve integrity and security, opening up many conveniences such as fast unpegging, launching new zones, and transaction security for Bitcoin scaling solutions .

Founded by Ayush Gupta, former CTO of Gnosis and Senior Engineer at Samsung R&D. While working at Samsung, Ayush wrote software to authenticate and authorize access to various services that runs on all Samsung smart devices.

For more information, visit layeredge.io or email info@layeredge.io

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