The SSV-powered distributed validators (DVs) in the new Simple DVT Software Module have been formally deployed and are ready for deposits. Participants in the cluster will perform the DVs related to Lido, the Ethereum middleware solution for liquid staking, using SSV Network Distributed Validator Technology (DVT) among other things.
The goal of the Simple DVT module is to make use of the technology’s ability to improve resilience, distribution, and security while broadening the range of node operators connected to and using the Lido protocol. Additionally, the module opens the door for future permissionless and more scalable DVT-based modules.
Eridian, Simple DVT administrator at SSV Network DAO, said:
“The Lido middleware utilizing DVT protocols including SSV is an important step towards vastly increasing the number of node operators and enabling solo home stakers to participate as node operators. SSV is optimized to serve as a low/no coordination DVT solution and w
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