SSV.network hits mainnet to increase decentralization of Ethereum staking pools
SSV.network launches distributed validator technology network with more than 10 partner staking DApps to help decentralize Ethereum staking. Criticisms aimed at the perceived centralization of Ethereum (ETH) 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. Speaking exclusively to Cointelegraph, SSV.network founder Alon Muroch outlined how the platform's distributed validator technology (DVT) developed in partnership with the Ethereum Foundation will help decentralize ETH staking pools and validators. 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 contra...