As blockchain projects push to further decentralize, the developer Obol Labs has formed a group of companies working in the Ethereum ecosystem to concentrate on the growing field of "distributed validator technology," or DVT.
The Ethereum network has witnessed a surge in validator numbers, with the count nearing one million. On-chain data from Beacon Chain and Ethereum’s Validator Queue show an active validator count of 979,686.
Quick Take The Ethereum (ETH) to Bitcoin (BTC) exchange rate, currently trading slightly above 0. 05, has utilized this support level for the past six months. This enduring stability at the support level may indicate an impending alteration in market dynamics.
Ethereum is currently the largest proof of stake (P0S) network after transitioning from a proof of work (PoW) mechanism late last year. This means that the network now uses validators to carry out transactions as opposed to miners using energy-intensive computers to solve complex mathematical problems to do the same thing – something that has […]