SSV.Network to Democratize Blockchain Infrastructure Access

The blockchain market has stepped out to democratize blockchain infrastructure access as well as to drive decentralization and innovation. In this respect, an exclusive collaboration has taken place between SSV.Network and Meta Pool. The former declared the collaboration today on its Twitter handle.

SSV.Network and Meta Pool Join Forces for Democratizing Blockchain Infrastructure Access

In the Twitter post, SSV.Network noted that the platform, which is run by the DVT protocol, was thrilled to welcome Meta Pool to the ecosystem thereof. The target of the collaboration is to enable a wider audience to access the blockchain infrastructure conveniently. This promotes decentralization and innovation within the world of blockchain technology.

In addition, the tweet added that the platform is determined to democratize access to the blockchain-related infrastructure along with promoting novelty and decentralization. SSV.Network runs on Secred Shared Validator (SSV) technology. It is a fully open-source and decentralized network devoted to ETH staking. SSV is also denoted as Distributed Validator Technology (DVT). It offers a straightforward and accessible infrastructure to distribute and partition a validator key, resulting in several KeyShares.

The chief objective of the respective technology is to let Ethereum validators operate across several non-trusting nodes. On the contrary, Meta Pool is known as the well-known liquid staking solution accessible to the people holding wNEAR and NEAR tokens. Moreover, the latest collaboration focuses on creating an additional effective and robust decentralized infrastructure to be accessible to everyone.

People staking wNEAR or NEAR tokens with the use of Meta Pool’s protocol receive compensation in stNEAR tokens. The ‘st’ abbreviation denotes ‘staked.’ As per the expectation, the collaboration will provide many advantages to the blockchain sector. One of such prominent advantages is the permission given to the consumers to reach an efficient and resilient decentralized infrastructure.

Blockchain Ecosystem to Get Significant Benefits from the Collaboration

This will enhance blockchain technology’s adoption. In addition to this, the collaboration will encourage blockchain-focused innovation by offering exclusive tools to the developers for the development of decentralized applications (dApps).

Apart from that, the collaboration will let both platforms to take benefit from the strengths of each other for the creation of a user-friendly and more effective blockchain infrastructure. As a result of this partnership, SSV.Network will be permitted to leverage the liquid staking-related solution of Meta Pool. In general, this collaboration is a noteworthy move and will potentially lead to the provision of significant benefits to the blockchain industry.