SSV Network has exciting news! They’re rolling out the “Alan” upgrade on their mainnet on November 25. This will happen during Epoch 327,375, and it will create a network fork.
This upgrade is crucial for the network’s growth. It aims to improve stability and performance. You can expect enhancements that will boost performance and scalability while cutting down on resource use like CPU time and bandwidth.
The team at SSV Network is urging all Node Operators to update their software. This is important for testing validators on the Alan upgrade and for gathering performance data before the mainnet launch.
Since launching their mainnet in December 2023, SSV Network has exceeded expectations. In just six months, they became one of the top five staking providers on Rated. This highlights the importance of their Distributed Validator Technology (DVT) in the Ethereum staking ecosystem.
Over the last nine months, SSV has secured 1.4 million ETH. That’s spread across 43,000 validators and 1,000 node operators worldwide. They’ve also integrated into Re/Staking applications. This rapid growth shows the need for scaling.
Scaling is essential to handle the increasing number of participants, users, and developers in the SSV ecosystem. The Alan upgrade addresses this by reducing the number of consensus-related messages. It introduces Committee-Based Consensus and improves message processing by efficiently assigning subnets to operators.
These changes will help the network scale by lessening the computational load on operators and optimizing message distribution on the peer-to-peer network layer.
SSV.Network is a fully decentralized and open-source Ethereum staking network. It uses Secret Shared Validator (SSV) technology, also known as Distributed Validator Technology (DVT). This platform decentralizes Ethereum validators by spreading their operations across multiple independent, non-trusting nodes.
Recently, SSV Network partnered with Sigma Prime, the developer of Ethereum’s Lighthouse client. Together, they are launching a second validator client and integrating Commit-Boost. These improvements aim to enhance validator performance, particularly in optimizing commitments and overall capabilities.