RockX, a global blockchain fintech company, has partnered with ssv.network to develop Distributed Key Generation (DKG). First proposed in January 2022, the development of DKG for ssv.network will significantly enhance network security.
SSV.network supports decentralised staking infrastructure based on Secret-Shared-Validator (SSV) technology for running Distributed Ethereum Validators. It is designed for building high-performance, secure, and decentralised ETH staking applications.
In response to the fast-growing crypto industry in recent years, the partnership between RockX and ssv.network will help develop the necessary infrastructure to secure validators on the Ethereum network, especially in this post-merge, Proof-of-Stake Ethereum era.
RockX (www.rockx.com) is a global blockchain node network to staking, data, and security.. The team is equipped with a wealth of experience in mining, staking, protocol research, and infrastructure design. In recent years, the company has built access node APIs for popular Layer 1 and 2 protocols for developers and helps companies seamlessly access and interact with blockchains.
With over USD 900 million worth of tokens staked, RockX is one of Asia’s leading staking platforms. Focusing on serving institutional and high net-worth clients globally to compound their returns on cryptocurrencies, RockX is always open to collaborating with synergistic partners & innovative Web 3.0 projects, ultimately helping to build the decentralised financial ecosystem.
ssv.network is a fully decentralised, open-source ETH staking network, based on Secret Shared Validator (SSV) technology.
SSV is also known as DVT, or Distributed Validator Technology, as it provides an open and simple infrastructure for splitting and distributing a validator key into multiple KeyShares, for the purpose of running an Ethereum validator across multiple non-trusting nodes.
Running an Ethereum validator on ssv.network achieves active-active redundancy, introduces new levels of validator key security, and benefits the Ethereum network, staking pools, staking services and solo stakers.