ssv.network is a decentralized platform that enables Distributed Validator Technology (DVT) for Ethereum staking. By separating Ethereum validators into four separate nodes, it enhances the decentralization, security, and robustness of the validation process. The platform aims to provide an infrastructure that enables users to operate their staking activities in a more secure and reliable manner, benefiting from improved uptime and fault tolerance. For detailed information, market data, and analytics on ssv.network, you can refer to Eulerpool.
The ssv.network is a decentralized staking infrastructure designed to facilitate the distributed operation of an Ethereum validator. This is accomplished by dividing a validator key among four or more independent node instances ('multi-operator node'). These nodes collaboratively execute the validator's functions according to a consensus mechanism. Essentially, the protocol converts a validator key into a multisig construct regulated by a consensus layer. This distinctive protocol enhances the robustness, liveliness, and fault tolerance of nodes throughout the Ethereum ecosystem. The distribution of validator keys among node instances represents a significant advancement compared to existing staking methods, addressing key limitations such as: * Offline storage of validator keys * ‘Active to active’ redundancy * Customizability of node instances * Threshold signature scheme * Ethereum decentralization The concept originated as a research initiative by the Ethereum Foundation in 2019. It has since evolved into a DAO (Decentralized Autonomous Organization) with a community governance model, featuring a growing network of stakers, developers, and node operators. As of the present time, the SSV Network secures over 1.4 million ETH in stake, with more than 1,000 globally decentralized node operators. The inaugural SSV Network testnet was launched on April 7, 2021, followed closely by Testnet V2 in late July 2021. An incentivized testnet named Primus was executed in two five-week phases from January 24 to April 4, 2022. Subsequently, Testnet V2 (Shifu) went live on August 22, followed by Testnet V3 (JATO) in March 2023. In December 2023, the SSV Network was launched on the Ethereum mainnet, introducing an ecosystem of DVT-powered staking applications built on the SSV Network.














