👾SSV Explained

What is SSV?

To earn ETH rewards, a validator must stay online and available. However, the current Ethereum staking system's strict rules mean a validator can only run on one node, creating a single point of failure. This issue is addressed by dividing the validator key into multiple KeyShares, distributed across several nodes. If a node goes offline, the remaining nodes with KeyShares ensure the validator continues to operate, creating a decentralized, slashing-free staking environment.

SSV enables the validator key to be generated, split into KeyShares, and securely stored offline. These KeyShares are then distributed to non-trusting nodes that operate the validator and sign data, providing a secure staking solution without handing over validator keys to operators.

In the Etherfi Solostaker program, you will be part of a distributed cluster as an independent operator.