Litecoin

Meta Pool

The blockchain industry has taken a significant step towards democratizing access to blockchain infrastructure and driving innovation and decentralization, as SSV.Network announced its newest partnership with Meta Pool. The announcement was made today via the company’s official Twitter handle.In the tweet, SSV.Network expressed its excitement in welcoming Meta Pool to its <a href="https://blockchainreporter.net/glossary/digital-asset-ecosystem/" rel="noopener noreferrer nofollow">ecosystem</a>, which is powered by the DVT protocol. The partnership is aimed at providing easy access to blockchain infrastructure to a broader audience, promoting innovation and decentralization in the blockchain space.<h2 id="header-0">More Robust and Efficient Decentralized Infrastructure</h2><a href="https://ssv.network/" rel="noopener noreferrer nofollow">SSV.Network</a>, which operates on Secret Shared Validator (SSV) technology, is a completely decentralized and open-source network for ETH <a href="https://blockchainreporter.net/glossary/staking/" rel="noopener noreferrer nofollow">staking</a>. SSV, also referred to as Distributed Validator Technology (DVT), offers an accessible and straightforward infrastructure to partition and distribute a validator key into several KeyShares. The primary aim of this technology is to enable Ethereum <a href="https://blockchainreporter.net/glossary/validator/" rel="noopener noreferrer nofollow">validators</a> to operate across numerous non-trusting nodes.On the other hand, <a href="https://metapool.app/" rel="noopener noreferrer nofollow">Meta Pool</a> is the top liquid staking solution available to holders of $NEAR and wNEAR tokens. Together, the partnership aims to create a more robust and efficient decentralized infrastructure that is accessible to all. Individuals who stake $NEAR and wNEAR using Meta Pool’s platform are compensated with stNEAR tokens. The abbreviation ‘st’ in stNEAR represents ‘staked.’The partnership is expected to bring several benefits to the blockchain ecosystem. One of the most significant benefits is that it will allow users to access a more robust and efficient decentralized infrastructure, thereby increasing the adoption of <a href="https://blockchainreporter.net/how-does-blockchain-technology-help-organizations-when-sharing-data/" rel="noopener noreferrer nofollow">blockchain technology</a>. Additionally, the partnership will promote innovation in the blockchain space by providing developers with the tools they need to build <a href="https://blockchainreporter.net/glossary/decentralized-applications-dapps/" rel="noopener noreferrer nofollow">decentralized applications (dApps)</a>.Moreover, the partnership will enable both companies to leverage each other’s strengths to create a more efficient and user-friendly blockchain infrastructure. The collaboration will enable SSV.Network to benefit from Meta Pool’s liquid staking solution, while Meta Pool will leverage SSV.Network’s decentralized infrastructure to create a more efficient and secure platform.Overall, the partnership between SSV.Network and Meta Pool is a significant step towards democratizing access to <a href="https://blockchainreporter.net/how-does-blockchain-technology-help-organizations-when-sharing-data/" rel="noopener noreferrer nofollow">blockchain infrastructure</a>, promoting innovation and decentralization in the blockchain space. The partnership is expected to bring significant benefits to the blockchain ecosystem, and it is exciting to see what the future holds for these two companies.

SSV.Network Partners with Meta Pool to Democratize Access to Blockchain Infrastructure

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BlockchainReporter

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