Obol Labs Forms Industry Group to Push for Decentralized Validator Technology

– at the heart of the latest push by developers to eradicate single points of failures within decentralized networks like Ethereum.

Obol Labs says the collective includes more than 50 staking protocols, client teams, software tools, education and community projects, professional node operators, home operators and stakers. Early participants in the collective include EigenLayer, Lido, Figment, Bitcoin Suisse, Nethermind, Blockdaemon, Chorus One, DappNode and ETH Stakers.

Ethereum's infrastructure consists of two layers: the execution layer, which handles apps and transactions, and the consensus layer, where validators agree on the system's state. According to Heremans, the pitch for DVT has become especially relevant now that U.S. regulators have approved the first ether exchange-traded funds.

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