SSV Labs - Next Generation Re/Staking
Manage episode 433687247 series 3560343
Alon Muroch is the Founder of SSV Labs, a globally distributed team of developers, researchers, and ETH enthusiasts working to ensure Ethereum becomes fail-proof for many years to come. SSV.network is a decentralized, open-source ETH staking network, based on Secret Shared Validator (SSV) technology.
Why you should listenSSV is also known as DVT, or Distributed Validator Technology, as it provides an open and simple infrastructure for splitting and distributing a validator key into multiple KeyShares, for the purpose of running 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.
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