SSV.Network (SSV) Slashes Hardware Requirements by 90%, Revolutionizing Crypto Infrastructure

  • SSV.Network has announced a significant reduction in hardware requirements for its validators.
  • The platform’s roadmap includes cryptography, consensus, and networking optimizations.
  • Alon Muroch, CEO of BloxStaking, highlights the journey towards optimization in a recent blog post.

SSV.Network aims to reduce hardware requirements by up to 90% for its validators, enhancing efficiency and scalability.

Roadmap tackles cryptography, consensus, and networking optimizations

The SSV Labs team aims to slash hardware requirements by 75-90% over the next 12 months through a phased roadmap. This includes transitioning from BLS12-381 signatures to RSA signatures, which align more closely with Ethereum technology and improve performance. RSA signature verification is 55 times faster, and the adoption of efficient RSA libraries has reduced processing time by 98%.

SSV.Network reaches $2 billion TVL through staked ETH

SSV.Network recently achieved a milestone of $2 billion in Total Value Locked (TVL) through staked ETH. This surge indicates a doubling in the number of Ethereum validators utilizing SSV’s services, now totaling more than 19,000. The integration of SSV’s Distributed Validator Technology (DVT) into Ether.Fi’s restaking services has decentralized and enhanced the fault tolerance of Ether.Fi’s staking operations.

Conclusion

SSV.Network’s roadmap to reduce hardware requirements by up to 90% is a significant step towards enhancing the efficiency and scalability of its decentralized validator technology. With a milestone of $2 billion in TVL and strategic partnerships, SSV.Network is poised to play a crucial role in the future of Ethereum staking.

BREAKING NEWS

220,000 AVAX ($5.05M) Sent to Binance — Address That Acquired From Galaxy Digital Faces ~$380K Loss

COINOTAG News reported on October 13 that on-chain monitoring...

Binance Wallet Latency Amid Network Congestion Delays YieldBasis (YB) Prime Sale Pre‑TGE Visibility

Binance Wallet, per COINOTAG News on October 13, acknowledged...

China Renaissance Bank in Talks to Raise $600M for BNB Investment Vehicle; YZI Labs Expected to Participate

Bloomberg reported that China Renaissance Bank is in talks...

yieldbasis (YB) Pre‑TGE on Binance Wallet Prime Sale Raises 456,000+ BNB — Oversubscribed 237x

According to the project's official website, the first phase...

Gen Z Trader Ray Shorts ETH at $4,117 Amid $4.31M Weekly Loss and $2.45M BTC/HYPE Liquidation

According to HyperInsight monitoring data cited by COINOTAG News...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img