ssv.network is a fully decentralized, open-source ETH staking network, based on Secret Shared Validator (SSV) technology.
SSV is also known as DVT, or Distributed Validator Technology, as it provides an open and simple infrastructure for splitting and distributing a validator key into multiple KeyShares, for the purpose of running an Ethereum validator across multiple non-trusting nodes.
Running an Ethereum validator on ssv.network achieves active-active redundancy, introduces new levels of validator key security, and benefits the Ethereum network, staking pools, staking services and solo stakers.
Benefits of ssv.network
Active-Active Redundancy & Fault Tolerance
In order for a validator to earn ETH rewards by signing data transactions, it must remain online and available. In the current Ethereum staking ecosystem, due to strict protocol rules, a validator must run on one node only and this presents a single point of failure. By splitting the validator key into multiple KeyShares and distributing those KeyShares to multiple nodes, if one node goes offline for routine maintenance or because of a problem, fault tolerance is achieved and the other nodes holding the rest of the KeyShares will respond to keep the validator operating. This results in a slashing-free, decentralized staking environment.
Non-Custodial & Secure ETH Staking
SSV allows the validator key to be generated, split into multiple KeyShares for distribution to non-trusting nodes, and then securely stored offline. Once the KeyShares are distributed to their respective nodes, they will operate the validator and sign data on behalf of the offline validator key. This offers a highly secure staking solution for users as they never have to hand over their validator key to any operators.
Decentralization & Diversity
Independent operators, located all over the world, provide the infrastructure for ssv.network and are responsible for maintaining its overall health. Each operator is free to choose the validator client(s) software they will run and their hardware infrastructure, while stakers are free to choose the independent operators that will run their validator(s). This increases the overall health of the Ethereum blockchain and further eliminates single points of failure and risk for stakers by allowing validators to run on multiple clients.