The post Obol Partners with Sayfer to Strengthen dApp & API Security appeared on BitcoinEthereumNews.com.

Tel Aviv, Israel, June 7th, 2024, Chainwire Obol Labs is a software development team at the forefront of blockchain security, pioneering Distributed Validator Technology (DVT) for the Ethereum network. Their mission is to build shared web3 technologies for infrastructure operators, creating a trust-minimized and credibly neutral infrastructure layer for web3. Sayfer, a leading blockchain security firm, recently joined forces with Obol. This strategic partnership leveraged Sayfer’s expertise in dApp and API security to conduct rigorous assessments of Obol’s infrastructure, ensuring the utmost protection for users and developers. Obol’s Building Blocks The Obol network can be seen as an additional layer built on top of the Ethereum base-layer consensus mechanism. This layer is designed to bolster the base layer’s resilience and promote decentralization as the network scales. As Ethereum matures, the community will face the challenge of stake centralization. To effectively mitigate these risks, community building and credible neutrality are paramount. Obol Labs has already made incredible strides in making this vision a reality with features such as: Charon (the Distributed Validator Client): Charon empowers fault-tolerant, multi-node validator operations. This means that even if one node encounters an issue, the validator can continue functioning seamlessly. Distributed Validator Launchpad: This user-friendly interface streamlines the distributed key generation process, a critical step for establishing Distributed Validators (DVs). Obol Splits (Smart Contract Efficiency): These pre-built smart contracts simplify reward distribution for DVs, ensuring transparency and fairness. Open Beta: Obol’s Open Beta program allows the user to participate in running a DV on the Ethereum mainnet. This is a fantastic opportunity to gain first-hand experience with this innovative technology. Obol Prioritizes Security With Sayfer’s Expertise  A collaborative and detailed white-box penetration testing process allowed Sayfer and Obol engineers to quickly fix bugs and ensure that the Launchpad and public API met the highest security standards.…

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Filed under: News - @ June 8, 2024 2:26 pm