Decentralization Ethereum: the rise of distributed verification device technology (DVT)

Author: solidity Academy Source: Medium Translation: Shan Ouba, Bit Chain Vision Realm

Decentralization

Distributed verification device technology (DVT) is reshaping Ethereum’s equity certificate (POS) framework to solve the challenge of decentralization.By dividing the duties of verifications and using Shamir’s secret sharing and threshold signatures, DVT enhances security.DVT is first created by SSV Network and DIVA, and is committed to cultivating decentralized pledge ecosystems.Lido’s cooperation experiments emphasized the reliability of DVT.

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In addition to Ethereum, DVT, as a revolutionary force, has emerged, promoting trust, security, and wider participation in the development of the development of blockchain technology.It is a milestone seeking elastic cryptocurrency ecosystem.

The course of Ethereum is revolutionary, especially in recent years.The transformation from the workload certificate (POW) to the equity certificate (POS) marks a huge change in the method of transaction verification and the method of adding the block to the network.Driven by the energy efficiency and enhancement of network security needs, this move brings a series of new challenges that require innovative solutions.Distributed verification device technology (DVT) is a change of game rules in the Ethereum POS framework.

Evolution of Ethereum: POW to POS

Ethereum shifts from POW to POS to solve low -efficiency and environmental problems related to POW.POS provides more energy -saving and easy -to -use alternatives based on cryptocurrency holdings and risk commitments.However, the pursuit of POS decentralization has brought challenges, such as the centralized risk of wealth concentration and through the pledge pool.

POS decentralization necessity ⚖️

Decentralization is the key to POS to ensure the fairness and security of the network.The risk of 51% attack (that is, most of the computing power of a physical control) is very prominent in POW, but it is relieved in POS.However, challenges still exist, and those with richer interests may have an influential influence, and the pledged pool will accidentally concentrate their verification power.These challenges require DVT and other solutions to evenly distribute the verification process and strengthen the decentralized nature of POS.

Launched a distributed verification device technology (DVT)

The emergence of DVT is a breakthrough solution that Ethereum transitions to POS transition.In essence, DVT completely changes the method of blockchain network verification transactions, especially in the POS system.The main goals include strengthening security and promoting decentralization by distributed the responsibilities of a single verification person to multiple nodes.

DVT mechanism

DVT achieves its goals through the complex interaction of password technology.Shamir’s secret sharing divides the verifier’s private keys into several parts, distributed on different nodes.This can prevent unauthorized access to the complete key.The threshold signature scheme determines the number of keys required for the execution task, and even if certain nodes are damaged, the system function can be ensured.

Distributed key generation (DKG) ensures that each participant receives a part of the key without any visibility.Multi -party computing (MPC) nodes can cooperate on signature without leaking its key parts.Mascher -tolerant consensus protocol (QBFT) ensures that each of the nodes holding key shares confirmed that the blocks and other operations can be reached.

SSV network: pioneering DVT in Ethereum pledge

SSV networks use secret sharing verification (SSV) or DVT to introduce a revolutionary Ethereum pledge method.The main network of the network recently revealed the strength of DVT in establishing decentralization and open source pledge ecosystems.

SSV ecosystem dynamics

The SSV network is composed of stakeholders, operators and DAO members.The pledgers use DVT technology to enhance the security of the verifications and use the SSV token to compensate the operator.Operators play a key role in supporting the SSV protocol and ensuring network stability.DAO is responsible for managing the SSV network agreement and managing its finances, and making decisions through governance functions and voting to token holders.

$ SSV token: Growth catalyst

Native currency $ SSV is the lifeblood of the SSV network.The pledges pay the SSV dollar to the operator to promote network participation and governance.The dual role of the token in payment and decision -making has made it a key participant in the network growth cycle.

DIVA: Rebate mobile pledge via DVT

DIVA is an Ethereum liquidity pledge protocol that uses DVT to improve the Ethereum’s equity certificate system.DIVA provides novel functions for Liquid pledges and operators, introducing dynamic and non -hosting pledge methods.

Diva’s unique features

The liquid pledker can get DIVETH in ETH, which is a multifunctional liquid pledged token that can cumulative rewards.Diveth’s liquidity plus its ERC20 properties allow seamless transactions and participating in the DEFI ecosystem.The operator does not need to handle actual funds, and use DIVETH as a mortgage to ensure network security.

Lido experiment: collaboration and practical application of DVT

Lido’s project involving DVT proves the power of collaboration and experiments in the blockchain trading field.LIDO cooperated with SSV network to conduct a comprehensive test involving various participants from node operators to community interests.The result proves the reliability and potential of DVT in dealing with Ethereum transactions.

DVT in a wider range of blockchain

The influence of DVT surpasses Ethereum and represents a paradigm change of the blockchain network verification device model.In the POS mechanism, the decentralization of DVT offsets the centralized risk brought by traditional models.The impact on a wider range of cryptocurrency ecosystems is far -reaching and can promote trust, security and broader participation.

Conclusion: DVT -Milestone of Blockchain Evolution

Distributed verification device technology (DVT) has become the cornerstone of the development of blockchain and cryptocurrency.Ethereum uses DVT to create a precedent, showing the potential to enhance safety, efficiency and decentralization.With the continuous development of the blockchain network, DVT has paved the way for the future of trust first, security, and decentralization.In the field of continuous development of blockchain technology, DVT is like a lighthouse, guiding the road to more powerful and more flexible cryptocurrency ecosystems.

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