SSV.Network is a decentralized, open-source network that can build high-performance, secure Ethereum-staking dApps. The protocol utilizes Secret Shared Validators (SSVs) or Distributed Validator Technology (DVT), an open and straightforward infrastructure for splitting and distributing a validator key into multiple KeyShares for secure, high-performance, and decentralized ETH staking applications.
SSVs form the network’s core, providing a secure and robust way to split a validator key for ETH staking between non-trusting nodes or operators. Any user can run an Ethereum validator node on SSV.Network conveniently by eliminating the need for a centralized validator. In its place, the network helps create a distributed validator, increasing the overall security and decentralization of the Ethereum PoS network.
SSV Network supports various staking applications, including Staking Pools, Staking Services, Solo Stakers, DAOs, Institutional Staking, Bridges, Shared Validators, and Slashing protection. The project offers developers a flexible infrastructure to create decentralized staking applications.
SSV, a ERC-20 token on Ethereum, is the native token of the SSV.Network, and is required for using the network and its services, making payments, and generating rewards. It also serves as the governance token, allowing token holders to submit proposals and vote on others’ proposals about the future evolution of the SSV Network.
