Oh, you haven’t heard? SSV Network is cooking up a revolutionary scheme to get Ethereum‘s validator network and “based” apps all chummy. 🤝
With the SSV 2.0 upgrade, we’re talking about bApps (yes, “based” apps) getting cozy with Ethereum’s layer-1 chain. It’s like validators are the cool kids everyone wants to hang with for security. 🌟
According to SSV Network, this upgrade is like the prom king arriving at the dance – it’s a big freakin’ deal for Ethereum’s security. 🕺
Alon Muroch, the big cheese at SSV Labs, says this is their “most ambitious project” – and if the DAO plays nice, it’ll shake up the restaking world like a seismic Kanye tweet. 💥
Imagine a world where L1 security is as easy as pie without needing a gazillion tokens. That’s the dream SSV’s cooking up, and it’s looking mighty tasty. 🥧
But wait, there’s more! SSV Chain is the new cool kid on the block, making crosschain compatibility smoother than a Barry White serenade. 🎶
New staking rewards and burning mechanisms? Enhanced validator earnings? It’s like SSV Network is the Oprah of Ethereum – YOU get a reward, and YOU get a reward! 🎁
The “based” movement is like the cool new club in Ethereum town, solving fragmentation and scalability issues like it’s NBD. 💅
Layer-2 solutions have been Ethereum’s hot date, but they’ve been a bit of a diva, creating their own little worlds. Jesse Pollak from Coinbase’s L2 network Base says it’s time for a family reunion. 🍽️
“Based rollups” are the new black, using Ethereum’s validator set to keep transactions in check. It’s like having a personal assistant for your crypto moves. 🕵️
The end game of secure Ethereum applications will be Based (alongside SSV 👀)
Learn what Based Applications are, their advantages, and why it’s important for every service to go Based — from Oracles, Layer 2s, Bridges and more 👇
— SSV Network (@ssv_network) January 24, 2025
SSV Network is already the cool kid with over $6.5 billion in total value locked and 2 million ETH restaked. They’ve got 1,250 operators, which is like having a thousand best friends. 🥳
Read More
- EigenLayer restaking protocol’s slashing testnet now live
- 3 Spider-Man Villains That Should Appear in the Next PlayStation Game
- FIL PREDICTION. FIL cryptocurrency
- Marvel Rivals Season 1 is bringing the Fantastic Four — here’s the Invisible Woman in action
- POL PREDICTION. POL cryptocurrency
- EastEnders airs huge Cindy Beale update in early iPlayer edition
- Whales and retail traders keep Arbitrum from falling — Here’s how
- Looks Like DOOM 64 Is Getting a Native PS5 Port
- Will GOAT’s latest 31% hike finally push it above $1 on the charts?
- Grantchester season 9 cast: Meet the characters in ITV drama
2025-01-28 16:15