SSV.Network Introduces a Comprehensive Scaling Strategy, Targeting a Hardware Requirement Reduction of Up to 90% within the Next Year

Ethereum staking infrastructure SSV.Network SSV Labs has rolled out a strategic roadmap detailing the future developments of the project. Through the upcoming year, SSV Labs is dedicated to gradually cutting down hardware requirements by 75-90% in stages, utilizing cryptographic strategies, consensus enhancements, and network refinements.

Earlier this year, SSV.Network embarked on optimizing its cryptographic processes, with plans for adjustments in consensus expected in the third quarter, which will necessitate a fork in the operational structure. The project's main goal is to support over 200,000 validators while keeping the hardware needs down to just 4-core CPUs.

SSV.Network is creating an open-access, zero-coordination Distributed Validator Technology (DVT) network, which allows anyone to operate as a validator without needing off-chain coordination. In the latter half of the year, the project identified key bottlenecks and areas for improvement, paving the way for expanding the network’s overall capacity without exceeding the 4-core CPU threshold for new operators. Improvements are focused on decreasing the CPU cycles needed for processing messages, minimizing the message load from each new validator, and limiting the number of non-committee messages received by the operators. Distributed Validator Technology Speeding up message processing has become crucial because node operators must validate every message they receive. The latest implementation that transitioned to RSA signatures has led to an impressive 98% decrease in the time taken for message signature verification. Further cryptographic upgrades include transitioning from RSA to a more efficient signature method, which is still significantly quicker than the BLS12-381 standard. The team is currently evaluating options like EDSA plus ECIES for potential integration.

Additionally, the optimization known as committee-based consensus has become a primary focus for the SSV Labs team. It is projected to be incorporated into the mainnet by the third quarter of 2024, necessitating a fork. Once up and running, the project anticipates a drastic reduction of the total messages exchanged across the network, aiming for just 13% of the current volume.

While there are efforts to lower the number of messages added by new validators, attention is also directed toward minimizing how many operators are needed to process each message—this number has the potential to be reduced. The SSV Labs team is actively exploring network topology, considering clustering validators to ensure that all belong to a shared topic, maintaining a consistent upper limit on topic counts. This change could significantly reduce message processing demands by nearly 98%, allowing operators to handle far fewer non-committee messages.

In the next year, SSV.Network is aiming to exceed the 50,000 validator mark. The newly implemented solutions are designed to foster this growth without increasing the barriers to entry for participants by requiring costly hardware.

SSV.Network Hits Significant Milestones with 21,000 Validators and a Total Value Locked of $2.7 Billion

This innovative network is a decentralized, open-source Ethereum staking platform that utilizes Secret Shared Validator (SSV) technology, which also goes by the name.

SSV.Network This technology supports a transparent infrastructure that splits a validator key into several KeyShares, enabling Ethereum validators to function across multiple nodes without trusting any single entity. DV T Recently, SSV.Network shared remarkable achievements, showcasing the impressive growth of the network over recent months. Currently, the platform is home to almost 500 operators and more than 21,000 validators. Moreover, the project has successfully staked a total of 678,000 ETH, equating to over $2.7 billion in total value locked (TVL).

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