United States
US-West-2
drand-a.chainpoint.org:8080
Tierion enhances Chainpoint with drand, joins the League of Entropy
Tierion, an innovator in blockchain verification technology, has officially joined the League of Entropy, a consortium dedicated to providing a decentralized, unbiased, and publicly verifiable source of randomness via the drand protocol. This transition underlines Tierion's commitment to enhancing the security and reliability of their Chainpoint proof system, migrating from the NIST Randomness Beacon to leveraging drand, developed and maintained by Randamu.
Challenges
Tierion faced several critical challenges before transitioning to drand:
- Reliance on Single Operator: The NIST Randomness Beacon, run by a single operator, presented risks of centralized failure and reliability issues.
- Update Frequency: The NIST beacon updated once per minute, which did not meet Tierion's needs for more frequent randomness generation.
- Ongoing Development and Support: Over time, development and maintenance of the NIST Randomness Beacon lagged, affecting its reliability and performance.
Results
Joining the League of Entropy and adopting drand yielded significant improvements for Tierion:
- Increased Reliability and Security: drand's multiple operator environment enhances the reliability and security for Tierion’s applications.
- Higher Frequency of Randomness Generation: drand provides randomness every 3 seconds, improving the time accuracy and responsiveness of Tierion's services.
- Robust and Decentralized System: Leveraging a decentralized system like drand mitigates risks associated with single points of failure and increases the system's overall robustness.
Summary
The integration of drand into Tierion's Chainpoint product marks a significant step forward in blockchain verification technologies. By participating in the League of Entropy, Tierion not only enhances the technical capabilities of Chainpoint but also aligns with a global network committed to security, transparency, and reliability. This move significantly boosts Tierion's offering, cementing its position as a leader in creating trustable data on the internet.
For more information on Tierion’s commitment to innovation, and their role in the League of Entropy, please visit Tierion's official website.