Lido Tests of 'Distributed Validator Technology' Portend 2024 Decentralization Push


$ 116,796.8
€ 99,856.8
¥ 38,800.0
£ 86,767.8
BTC
-4.73 %
$ 2,975.05
€ 2,543.31
¥ 988.45
£ 2,208.40
ETH
-2.15 %
$ 336.47
€ 287.67
¥ 111.73
£ 250.00
XMR
-4.99 %
$ 92.79
€ 79.34
¥ 30.79
£ 68.95
LTC
-3.69 %

A big selling point of blockchain networks is that they are "decentralized." But just a few validators, including those run by Lido, have gradually amassed a lion's share of the power over the dominant smat-contracts blockchain, Ethereum. One idea is to decentralize the validators themselves.

Author: