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.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CDK hack upends U.S. auto industry, sending dealers back to paper formsThousands of car dealers are reeling from cyber attacks that targeted software used for conducting business. The incidents are slowing sales and raising new cybersecurity concerns. NBC News’ Jesse Kirsch reports.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »

Ava Labs brings intellectual property management to K-pop industryAva Labs, the company behind the Avalanche blockchain network, is bringing intellectual property rights solutions to the South Korean pop music industry.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Light At End Of Tunnel For Bike Industry, Asserts European Bicycle Industry GroupI was Press Gazette's Transport Journalist of the Year, 2018. I'm also an historian – my most recent books include 'Roads Were Not Built for Cars' and 'Bike Boom', both published by Island Press, Washington, D.C.
Source: ForbesTech - 🏆 318. / 59 Read more »