Lido's Dominance in Ethereum Validator Space Poses Security Risk, Decentralized Validator Technology Gains Traction

Bitget App

Trade smarter

Cointime2023/12/20 13:21

By:Cointime

The concentration of power among a small group of validators, including Lido, on the Ethereum network is a significant security risk. Lido controls a large portion of staked ETH, and if this share increases, it could lead to network outages or malicious activity. Decentralized validator technology (DVT) aims to address this vulnerability by spreading operations across multiple parties. Lido is testing a "Simple DVT Module" in partnership with Obol and SSV, and while larger institutions may take time to adopt DVT, hobbyist solo-stakers and community-run collectives are expected to embrace the technology soon.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Missed Ethereum’s early rise? Qubetics is in its final presale stage, offering real utility, reduced supply, and up to 4,349% ROI potential. Discover the best crypto to buy this month.Qubetics Interoperability: Cross-Network Access Without ComplexityEthereum’s Legacy and Qubetics’ PromiseThe Bottom Line

Coinomedia•2025/06/17 17:48

Missed Ethereum’s ICO? Qubetics at $0.3370 Stands Out Among Best Cryptos to Buy This Month

Polyhedra to Increase ZKJ Buybacks After ‘Financial Attack’

Polyhedra co‑founder pledges more ZKJ token buybacks after price crash triggered by a financial attack.What Caused the Crash?Upcoming Buybacks & Security MeasuresWhat This Means for ZKJ Holders

Coinomedia•2025/06/17 17:48