Introducing ssv.network
ssv.network emerges as a decentralized staking infrastructure, facilitating the distributed operation of an Ethereum validator. This innovative system achieves its goal by fragmenting a validator key among four or more independent node instances, collectively known as 'multi-operator nodes'. Tasked with executing validator duties under a unified consensus mechanism, these nodes effectively transform a singular validator key into a multisig construct governed by a consensus layer.
The Unique Protocol
Distinguished by its groundbreaking approach, the protocol significantly enhances the robustness, liveliness, and fault tolerance of nodes within the Ethereum ecosystem. The distribution of validator keys among node instances marks a substantial advancement compared to existing staking models, addressing key shortcomings such as:
Secure offline storage of validator keys
'Active to active' redundancy for heightened resilience
Customizability of node instances
Implementation of a threshold signature scheme
Evolution from Concept to Reality
ssv.network represents the maiden voyage of the SSV primitive into the public domain. Initially conceived as a research endeavor by the Ethereum Foundation in 2019, this concept has metamorphosed into a DAO-governed, community-centric network comprising stakers, developers, and node operators.
Journey to Mainnet
With mainnet launch imminent, ssv.network is poised for a momentous debut. Slated for the dawn of 2022, the genesis implementation of this Decentralized Staking Infrastructure will be tailored to Ethereum. Subsequently, the network is primed for expansion to encompass other Proof-of-Stake chains, ushering in a new era of decentralized staking across the blockchain landscape.
.png)
0 Comments