The DVT infrastructure employed by the SSV Community permits the distribution of Ethereum validator nodes throughout a number of machines and parts worldwide.
The Ethereum-focused distributed validator community SSV Community just lately hit a brand new milestone throughout the staking and restaking ecosystem with a complete of 1 million staked ETH. The permissionless SSV Community went dwell final 12 months in December 2023 whereas permitting solo stakers and different companions to securely distribute ETH validators and earn rewards thereby changing into the node operators of the platform.
Thus, this can be a important milestone achieved by SSV Community in a really quick time period. The SSV Community is a DAO-based open protocol offering builders the required infrastructure to construct distributed validator know-how (DVT) powered staking purposes.
This community permits the distribution of validator duties to trust-minimized node operators thereby growing uptime, resilience, and decentralization. Restaking is the newest pattern throughout the blockchain ecosystem, permitting blockchain builders to safe different decentralized purposes.
Restaking protocols can leverage the SSV Community permissionlessly to enhance their operations. By offering a extremely resilient and strong infrastructure, the SSV Community enhances Ethereum’s crypto-economic safety, strengthening its foundational layer.
By reaching this milestone of 1 million staked ETH, the SSV Community is selling enhanced safety for purposes together with a possibility for customers to earn extra rewards through its prolonged incentivization program. This could additional bolster the SSV Community as a “crucial infrastructure” in staking and restaking companies. Talking on the event, an SSV Community spokesperson mentioned:
“SSV Community is creating the brand new gold customary for ETH staking and taking the trade by storm as a result of it builds on the Ethereum neighborhood’s open-source, permissionless, and trustless ethos.”
SSV Community Enhances Ethereum Staking with Superior DVT Infrastructure
The DVT infrastructure employed by the SSV Community permits the distribution of Ethereum validator nodes throughout a number of machines and parts worldwide. At current greater than 700 globally distributed node operators use totally different execution and consensus shoppers with totally different infrastructure varieties and MEV relays.
This provides customers larger flexibility and resilience in comparison with conventional non-DVT staking platforms. Key integrations with the SSV Community embody Lido Finance, Ether.Fi , P2P.org , and Renzo, every contribute a major variety of validators to the community.
The present milestone of reaching 1 million in staked ETH will enhance the SSV Community platform’s adoption and solidify its place within the main staking and restaking validator ecosystem rankings.
Moreover, SSV Community has introduced an up to date scaling roadmap aimed toward lowering {hardware} necessities for node operators. The platform is transitioning from a really useful 4-core CPU to an 8-core CPU, which will increase {hardware} prices. Nevertheless, SSV Labs, one of many protocol’s improvement groups, is engaged on options to lower these {hardware} necessities by 75–90% over the following 12 months.
