SSV Network, which provides staking infrastructure for Ethereum, has launched its own permissionless mainnet.
SSV Network thus distributed validator technology (DVT) It was the first project to open its own unauthorized mainnet using
DVT enables validator activities to be distributed among independent node operators. The DVT network creates a secure environment for validator activities to proceed smoothly.
“SSV is the first DVT network to become permissionless,” says Alon Muroch, who founded the core team of SSV Network. he said and added:
“DVT has the potential to make Ethereum much more secure by solving big problems like decentralization and censorship resistance.”
Ethereum’s current staking model, large service providers Because of this, it raises questions in terms of decentralization. Vitalik Buterin, one of the founders of Ethereum, in a blog post Large staking providers like Lido had assessed the risks.
Lido is in talks with SSV Network to make its operations more decentralized. Muroch, “We are in our third testing phase with Lido and expect to go mainnet with Lido in the first quarter of next year.” said.
SSV’s decentralized autonomous organization (DAO) to increase the use of the DVT network giving rewards in tokens aims. The DAO donated 1 million SSV tokens to reward users in its recently approved one-year incentive program.