SSV.network goes live on mainnet, allowing Ethereum validators to split private keys for increased security and minimal downtime and slashing pen
Criticisms aimed at the perceived centralization of Ethereum staking pools may finally be quelled by an alternative staking infrastructure that aims to improve private key security and reduce validator down times and slashing penalties.
SSV.network launched its public mainnet with more than 10 staking decentralized applications deploying their platforms on the network on Sept. 14. DVT is envisaged to decentralized the current landscape of staking providers, which is currently dominated by a handful of ETH staking pools that command a significant share of ETH locked in the ETH2 staking contract.
“By splitting keyshares between a diverse set of nodes in a cluster, validators become much more decentralized. Staking pools that use DVT can decentralize their own infrastructure or delegate it to SSV.network node operators.”
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