Ethereum staking has entered a new era with the permissionless launch of SSV.Network, which is a stake infrastructure that leverages Distributed Validator Technology (DVT). The launch marks a significant milestone for the Ethereum community, offering a more secure, decentralized, and accessible way of staking ETH.
DVT is a novel technology that allows ETH validators to split their stake into smaller fragments and distribute them across multiple nodes. This increases the security and resilience of the validators, as they are less vulnerable to single points of failure or malicious attacks. DVT also enhances the decentralization of the Ethereum network, as it diversifies the validators’ clients, locations, and infrastructures.
SSV developed DVT.Network, a community-owned open protocol that aims to create a new standard for Ether staking. SSV.Network provides a robust, permissionless infrastructure enabling anyone to stake, build, and operate on its platform. Permissionless staking network also offers a holistic solution that supports zero-collateral node operations, seamless staking, and diverse staking applications.
SSV.Network has opened its doors to the public after three years of intensive development and testing. The permissionless launch means anyone can join the network and participate in the DVT infrastructure. Whether you are a validator, a node operator, or a staker, you can benefit from the many advantages that DVT offers.
DVT’s Impact On Ethereum Staking
SSV.Network and DVT can potentially transform the Ether staking landscape and strengthen the Ethereum ecosystem. By making staking more secure, decentralized, and accessible, SSV.Network and DVT can increase the participation and diversity of the Ethereum community. This can improve the health and performance of the Ethereum network, as well as enable new and innovative staking use cases.
SSV.Network has already attracted much attention and support from the Ethereum community. Since its gradual rollout in September 2023, the network has amassed more than $160M in staked value by 74 node operators. Moreover, over 2,200 validators are now using SSV’s DVT-based infrastructure. With the permissionless launch, SSV.Network expects to see more growth and adoption as it establishes itself as the preeminent solution for Ether staking.
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