The module may further increase Lido's node operator set and improve staking risk mitigation, the CEO of SSV Labs told Cointelegraph.
BeInCrypto community recently had the pleasure of hosting Alon Muroch, SSV Labs Founder and a key contributor to SSV Network, in an insightful AMA session. As SSV celebrates its first year, Alon shared exciting developments, including the groundbreaking SSV2.0 upgrade and the introduction of Based Applications (bApps).
TL;DR SSV Network has launched a new 2.0 upgrade that integrates ‘based' apps directly with Ethereum's chain, enhancing the security and scalability of the ecosystem. The new security model allows direct participation in Ethereum's validator network without requiring additional tokens, eliminating risks of traditional restaking models.
The upgrade enables applications called based apps or “bApps” to connect directly to Ethereum's layer-1 chain.
SSV Network recently revealed SSV 2.0, a new bootstrapping model to bring “Based” Applications (bApps) to Ethereum. The new infrastructure framework aims to enhance the network's security and enable “truly decentralized” bApps without compromising Ethereum's core values.
SSV Network's latest update integrates OpenTelemetry to boost observability and monitoring, offering enhanced user experience and future-proofing the client.
The Alan Fork on SSV Network has led to dramatic improvements in performance, reducing CPU and resource usage, and enhancing node efficiency and scalability, according to SSV Team.
Binance announces the removal of several margin trading pairs, including C98/BTC and IDEX/BTC, from its platform by November 27, 2024, affecting both cross and isolated margin accounts.
Explore the pivotal updates from the SSV Network DAO Meetup in Berlin, including scaling plans, budget strategies, and solo staker inclusion.
Binance has finalized the integration of Coin98 (C98) on the Viction network, now allowing deposits and withdrawals, according to Binance.
SSV Network and Ether.fi launched a Learn & Earn campaign to promote decentralized restaking on Ethereum.
The SSV Network DAO and Ether.fi have announced that they are hosting a Learn & Earn campaign on the Galxe platform.
SSV Network announces its participation in the ETHOnline hackathon, offering $10,000 in prizes for innovative DVT-based projects.
Part of the problem is the airdrop model for token distributions, which has grown in popularity in recent years.
It has rolled out two new community plans: the SSVDivers Ambassador Program and the Community Associates Program (CAP). These plans offer rewards and aim to boost participation in the SSV community.
SSV Network DAO launches the SSVDivers Ambassador Program and Community Associates Program to enhance community engagement and incentivize contributions.
It leverages DVT from the SSV network to enhance Lido functionality for ETH staking. The basic DVT module is working on diversifying the node operators linked to Lido.
The Simple DVT module is designed to diversify the node operator set connected to and utilizing the Lido protocol.
The deployment of SSV Network's DVs in the Simple DVT Software Module will allow more at-home validators to become node operators.
The achievement underscores the network's impressive growth within less than a year of operations.
A high number of stakers reflects the strength and security of the network's activity. In that light, SSV Network has crossed one million in staked ETH.
The DVT infrastructure employed by the SSV Network allows the distribution of Ethereum validator nodes across multiple machines and components worldwide.
SSV Network, with over $3 billion in total value locked (TVL), announced that it hit 1 million Ethereum (ETH) staked on the platform, as per the latest information shared with Finbold on July 8.
SSV Network has successfully staked 1 million ETH, highlighting its journey and key integrations since its permissionless launch.
After a successful community vote, they have decided what to do about the IMP. The essential changes will extend the program's duration and so much more.
This partnership changed the trajectory of staked assets and propelled SSV's TVL to $2 Billion in the space of a month, further increasing ETH stakers to over 19,000. Let's look into this partnership and see what's going on with SSV.Network and Ether.Fi.
In just one month, the TVL in Ethereum staked on SSV.Network was able to reach the $2 billion milestone.
The SSV Network protocol currently secures more than 568,000 ETH with just under 400 node operators, including leading staking providers.
P2P.org combines technology that offers organizations a safe, rewarding staking solution. Most organizations never get to stake a large amount and increase their protocol's security.
BYDFi is one of the best crypto exchanges to get all sorts of crypto tokens. With the bull market kicking stronger, BYDFi is a good spot to get both popular and under-the-radar cryptos.
Coin98 Super Wallet partners with JamboPhone, integrating its wallet into the device to boost Web3 adoption in Asia's emerging markets.
SSV Is a decentralized staking infrastructure powering the future of distributed staking applications.
Anyone with the will and the technical ability is free to run their own Ethereum validator and connect to SSV.
There has been a significant spike in demand for SSV tech and this is expected to continue as more developers integrate DVT into staking.
SSV Network, an Ethereum staking infrastructure provider, has achieved a significant milestone in the blockchain sector by launching its permissionless mainnet, incorporating Distributed Validator Technology (DVT). This breakthrough offers a decentralized approach to Ethereum staking, addressing centralization concerns and enhancing the security and resilience of the network.
The SSV Network has successfully launched its permissionless mainnet, marking a notable advancement in Ethereum's staking landscape. This launch is distinguished as the first of its kind to employ Distributed Validator Technology (DVT), an innovation aimed at enhancing the security and resilience of Ethereum staking.
SSV Network, a decentralised Ethereum staking applications provider, has become the first blockchain project to release a permissionless mainnet, The Block reported today. SSV hits staking milestone According to the publication, SSV achieved the milestone via the “distributed validator technology” (DVT).
Coin98, a decentralized finance (DeFi) platform, made significant strides today with two key announcements, shaping a more inclusive landscape for cryptocurrency users.
Coin98 has launched a decentralized app store on NEAR's Blockchain Operating System, providing seamless access to top L2 and DeFi protocols for over 7 million users.
Coin98, a prominent multichain wallet and DeFi platform boasting over 7 million users across 170 countries, has unveiled a groundbreaking decentralized DApp store powered by the NEAR Blockchain Operating System (BOS). This innovation aims to streamline user access to Layer-2 (L2) ecosystems, offering a seamless experience for DeFi enthusiasts and Web3 users.
Alon Muroch, the founder of SSV Network, has been drafted into the Israeli Army, according to an X post shared on October 10. Following this news, SSV, the native token of the SSV Network, fell 5%, dropping below the $14 mark.
Alon Muroch, the founder of Ethereum staking infrastructure platform SSV Network, has been drafted into the Israeli Defense Forces. Muroch made the announcement in a post on X on Wednesday, noting that he has found the situation on the ground much worse than has been broadcast since Hamas' surprise attack on Israel last weekend.
SSV Network's Israeli founder, Alon Muroch, has made an announcement regarding his recent draft into the Israeli army amidst an ongoing intense conflict with Hamas. In a heartfelt message shared on X, a social media platform, Muroch sheds light on the stark reality of the situation surpassing what is portrayed by the media.
The leadership of SSV Network, amidst a war crisis, shared personal experiences and reassured the community of ongoing operations. Founder Alon Muroch described the ground situation as a "massacre" after being drafted, while A.
Top crypto exchange Binance is set to delist 25 Binance USD trading pairs. Binance Margin, a service on Binance that gives traders access to margin trading of crypto assets, will be delisting 25 BUSD pairs.
In a groundbreaking move, Coin98 Labs, the visionary developer behind the all-encompassing DeFi ecosystem known as Coin98 Finance, has forged a strategic partnership with Chainlink Labs to empower and support the thriving Web3 developer community in Southeast Asia. This collaboration aims to provide a comprehensive suite of resources, innovative solutions, and unparalleled support to builders in the region, ultimately propelling the growth and adoption of decentralized finance (DeFi) services and Chainlink's cutting-edge Web3 capabilities.
Coin98 Labs, the developer of a one-stop DeFi network Coin98 Finance, has collaborated with Chainlink Labs in a strategic move to nurture the flourishing Web3 developer industry in Southeast Asia. The partnership envisions decentralized finance transformation in the region.