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Cryptocurrency News Articles

Why you should listen to SSV Labs

Aug 12, 2024 at 06:23 am

SSV is also known as DVT, or Distributed Validator Technology, as it provides an open and simple infrastructure for splitting and distributing a

Why you should listen to SSV Labs

SSV, also known as DVT or Distributed Validator Technology, provides an open and simple infrastructure for splitting and distributing a validator key into multiple KeyShares. These KeyShares are then used to run an Ethereum validator across multiple non-trusting nodes.

Running an Ethereum validator on ssv.network achieves active-active redundancy, introduces new levels of validator key security and benefits the Ethereum network, staking pools, staking services and solo stakers.

Independent operators, located all over the world, provide the infrastructure for ssv.network and are responsible for maintaining its overall health. Each operator is free to choose the validator client(s) software they will run and their hardware infrastructure, while stakers are free to choose the independent operators that will run their validator(s). This increases the overall health of the Ethereum blockchain and further eliminates single points of failure and risk for stakers by allowing validators to run on multiple clients.

Links:

Stabull Finance

SSV Labs

SSV Network

Andy on Twitter

Brave New Coin on Twitter

Brave New Coin

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Original source:bravenewcoin

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