Reddit Posts
Who had these winners and losers picked out a few days ago? How do you spot them early?
SSV-backed Blockscape Emerges as Next-Generation Blockchain Platform for ETH staking and Decentralized Finance, taking aim at RocketPool and Lido with 240,000 ETH already locked up and earning market leading yields.
SSV.network hits mainnet to increase decentralization of Ethereum staking pools
Ether Staking Landscape Gets Boost as SSV Mainnet Seeks to Dispel Centralization Concerns
Ether Staking Landscape Gets Boost as SSV Mainnet Seeks to Dispel Centralization Concerns
We're excited to unveil SSV Network on mainnet!
Revolutionizing ETH Staking: The Rise of Distributed Validator Technology and SSV.Network
Revolutionizing ETH Staking: The Rise of Distributed Validator Technology and SSV.Network
Revolutionizing ETH Staking: The Rise of Distributed Validator Technology and SSV.Network
Considering investing in staking infrastructure projects - which ones do you think have the most potential?
Considering investing in staking infrastructure projects - which ones do you think have the most potential?
5 cryptocurrencies that gained the most in February
SSV DAO to Distribute $10M in Grants for Staking Projects Ahead of Ethereum Merge.
Mentions
I agree. More sophisticated investors are joining crypto and they require all sorts of services that they are used to. If they want to put a RWA on a blockchain they will want a chain that is specifically designed for that task since the value of these assets will not be negligible. Others like SSV network and Namada will solve different problems. ETH staking is becoming too centralized, this is something Vitalik confirmed as well. SSV is one of the few chains or protocols trying to solve this problem. On the other hand, you also have users that want privacy first and Namada will probably be their chain of choice.
You talked about forking and nodes, which is what I was talking about, not validators which require 32 ETH. You can always run nodes for free. You can validate with Rocketpool with 8 ETH + RPL, or very soon, SSV or other DVT solutions like Diva with 0.1 ETH.
Naw, DVT technology like Diva, and SSV, which will allow people to stake with minimal amount of ETH, will be like the Stratum v2 for Ethereum. Ethereum will be just fine.
shorting SSV has paid off very well :c Hope it reaches a new ATL
shorting SSV has paid off very well :c The guy got drafted and it seemed like a good idea to short such a coin with such roots
Crypto is an interesting market, SSV dumps over 7% in the past hour as the CEO announces he has been drafted by Israel for the war
SSV.network is here to save Ethereum staking from centralization, one validator at a time.
I'm going to stake my Ether with SSV, and then I'm going to relax on the beach. I'm not worried about centralization, I'm just worried about getting a good tan.
tldr; SSV.network has launched its mainnet to address concerns about the centralization of Ethereum staking pools. The platform's distributed validator technology (DVT) aims to improve private key security and reduce downtime and slashing penalties for validators. By spreading out key management and signing responsibilities across multiple parties, SSV.network increases security and makes validator sets more robust. This launch comes as centralized exchanges and liquid staking pools hold a significant share of the total staked ETH. SSV.network offers an alternative solution that is both liquid and decentralized. The technology was previously highlighted as an important aspect of Ethereum's scaling roadmap. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; The SSV mainnet, developed by ssv.network, aims to decentralize staking for Ethereum and other blockchains. This comes as the staking landscape has faced criticism for being dominated by centralized providers. SSV's Distributed Validator Technology (DVT) Network allows for the sharing of validators among multiple operators, increasing decentralization. The launch will see multiple teams deploying their staking dapps on the network. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
You are absolutely correct. I am currently running an SSV testnet node :-) As well as an Obol one. I also co-founded https://www.dvstakers.com you should come check it out! The possibilities are endless with DVT.
I also agree, we need to work towards decentralising Ethereum as much as possible, and DVT is a great way to do this. SSV Network actually got a grant from the Ethereum foundation to work on this. If it's good enough for Vitalik, it's good enough for me. I would recommend following them on Twitter to keep up with them, that's where I found the article as they published it today.
DVT is going to be huge. The SSV team do great work :-) Thanks for sharing.
Fair- what do you think about platforms like RPL, SSV, BLOX, maybe even LDO in the same space?
What does everyone think about SSV Network? Curious to know your thoughts as it's just outside the top 100 market caps and working on a system to help decentralize Ethereum more through DVT.
No problem! Check out r/ethstaker and the discord at https://np.reddit.com/r/ethstaker/comments/g14wtd/official_discord_server/ if you have any questions, and here’s a fairly comprehensive guide: https://someresat.medium.com SSV Network should be launching on mainnet within the year if I understand their roadmap correctly.
Dead on arrival imo. And I think we will see similar plays on SSV, DVT, eigenlayer tokens. 5 years. White paper hyped up by vitalik. No real product. No real code. Lots of words and fancy looking academic papers.
The token are: MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE
BTC, ETH, RPL, SSV and lots and lots of dust from moonshot mistakes I no longer even attempt.
Yes, I remember you, sir They began the beta testing, let's see how it goes, and regarding point c, they made a [security analysis](https://blog.staderlabs.com/4-eth-bond-a-detailed-risk-analysis-19866b409412) run together with SSV
A few months ago I posted about SSV and RPL as decentralised Eth staking will take off. Since then, SSV 3x’d while RPL 2x’d. I wish I bought more but I’m glad I listened to myself.
SSV network is another service worth researching.
Key Takeaways: Nest Protocol's NEST is the best-performing crypto with a net gain of 243%. Trust Wallet's TWT is the second-best-performing crypto in the top 300, with a net gain of 129.5%, due to the shift in favor of self-custody and a boost from Binance CEO, CZ. GMX, Shardus's ULT, PlatonCoin, SSV Network's SSV, and Gains Network's GNS round up the list of the top 7 best-performing cryptos of 2022.
Tldr: Nest Protocol (NEST) Trust Wallet (TWT) GMX (GMX) Shardus (ULT) PlatonCoin (PLTC) SSV Network (SSV) Gains Network (GNS)
First off, you don’t need 32 ETH to run a validator. You can do it with 16 ETH with Rocket Pool, and from February this will decrease to 8 ETH. Stakewise v3 is also coming in the New Year and there are many other SSV and DVT options that will reduce the minimum stake. Secondly, Lido may be a lot of things, but it doesn’t hold your keys. You always have custody of your assets and can unstake at any time (it’s a *liquid* staking derivative). Third, withdrawals. This is going to result in a big shift in staking distribution. The distribution you see today is not the one you will see in a few months. Hopefully everyone who is staking on a CEX is planning to withdraw and use a decentralised alternative.
It's not. Whales benefit more from PoW due to economies of scale of mining equipment and likelihood to propose a block. That doesn't exist in PoS. And PoS will continue to decentralize as decentralized staking protocols (SSV, Stakewise, Lido, RP) mature and make it super easy for people without 32 ETH to stake.
There is no change, no. By staking in whatever format you are still ultimately helping to secure the network. You can be a node operator with Rocket Pool for 16 ETH (decreasing to 8 ETH 1Q23) or wait for SSV which is a decentralised way of splitting out a validator private key.
Rocketpool and SSV Network. These tokens are used for decentralised staking of Ethereum
PSA/low key shill: with the Ethereum merge just a few weeks away (yey finally!) there will be a rush for people,e to stake their Eth. This is why demand for decentralised staking tokens like Rocketpool and SSV will increase. It’s happening now, RPL is at an ATH vs Eth while SSV is 70% to ATH. These will moon once a successful Merge is confirmed.
tldr; The organization will distribute grants in USDC, ETH and SSV tokens. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
TDLR: The SSV (Secret Shared Validator) DAO accrued $10 million in assets through strategic partnerships with Coinbase, DCG (Digital Currency Group is the parent company of CoinDesk), and OKEx. SSV DAO will funnel more than $3 million into open and pre-defined grants for developers building applications, staking pools and other tools needed by the network. In addition, the organization has earmarked $3 million for bug bounties and four million dollars for incentivized programs for early adopters and testers. The grants will be distributed in USDC, ETH and SSV tokens.
Yeah, a lot of the "you can only run Ethereum nodes on AWS!!!111!" is dis/misinformation. Solana on the other hand.. needs way beefier specs. If you want to stake right now, you could either do it through a service like Lido, or a decentralized pool like Rocket Pool by either running your own mini pool with 16 ETH, or just buying rETH directly as it accrues the staking rewards and eventually tips/MEV within the token. In few months to a year, there will be solutions like SSV/DVT which will allow users to trustlessly pool funds adding up to 32 ETH to directly run validators, but that will still take a bit more time.
Rocket Pool. Also, eventually SSV/DVT tech.
Its like you didnt read a word I wrote. Re RocketPool, did you see the words "not part of the protocol" and "trust"? Any idea why those are important things? For SSV did you see that you will need constant uptime, otherwise yourisk getting slashed? Ethereum screwed up on PoS, its just not a very good scheme. Its designed for the elite only, ordinary people get a sub-optimal experience.
The Rocket Pool node operator only has to put up 16 ETH of their own, and 1.6 ETH worth of RPL as a collateral, and the other 16 ETH comes from other people. With SSV, you're putting your ETH directly into a validator vs putting your ETH up to vote on delegators like in dPoS.
Anybody else here holding SSV network token? It has 3x’d since January increasing my Eth stack. Earlier today, the doors of hell were shut when SSV was solidly rejected at 0.006666 SSV/Eth.
It’s not yet full on alt season but Convex is pretty steady thanks to the Curve wars. SSV too as it rolls out its Eth staking as a service platform.
PoW is even more for rich people because huge mining farms are able to extract more from their capital, whereas with PoS and especially Ethereum, everyone can stake any amount of ETH via Rocket Pool, SSV, even Lido, and get the same amount of % of returns as the rich.
This should be resolved by SSV looking into it. BloxStaking already has it running on a testnet.
I love your selection, but I doubt if I have come across SSV before now?
I am actually going more bullish on BTC, ETH OGN and SSV.
It’s very clear - https://vitalik.ca/general/2021/12/06/endgame.html If you’ve been invested for a long time you will know about rollups and sharding and the impact these have on fees. You will know that legitimacy is the scarcest resource - https://vitalik.ca/general/2021/03/23/legitimacy.html You will know about statelessness and stateless clients. You will know about account abstraction and you will know about SSV’s. You will know about social recovery wallets and you will know about MEV protection. You will know what the roadmap is - https://pbs.twimg.com/media/FFm9X58WQAgwkKI?format=jpg&name=large