- 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.
