HomeNEWSSsv.network unveils Jato, edges closer to mainnet

Ssv.network unveils Jato, edges closer to mainnet

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Decentralized staking protocol, Ssv.network has unveiled Jato, the latest iteration of its public testnet. In a blog post by the protocol, it described Jato as its mainnet candidate, designed to optimize major gas cost. More so, it ensures the management of an improved validator account and increases the number of nodes that run a validator.

According to Ssv.network, Jato illustrates the culmination of countless hours, lines of code and various efforts to incorporate the final updates before mainnet. By launching Jato, the protocol is already making a countdown towards mainnet and a possible end of more than two years public DVT testnets. With Jato, Ssv.network is seeking to actualize its vision of decentralizing Ethereum PoS consensus.

The actualization of this vision means most of the staked ETH will now be running using DVT. For this to happen, the Ssv.network must be able to scale the number of validators and nodes running in it. According to the staking platform, Jato makes this possible for the network. Going forward, Jato will help improve scalability and increase operator liveness on the network. More so, it will create a highly modular framework to managing validators.

Side Notes on Ssv.network

It is noteworthy that ssv.network seeks to solve the challenges associated with scaling. As a multi-cluster DVT network, the protocol avails stakers with many diverse nodes options on the network to run their validator. Certainly, every stakeholder on the platform focuses primarily on their staking operation and product, leaving Ssv.network to handle all the validator complications enveloped in the background.

As part of its commitment to advancing its network, Ssv.network recently unveiled its public testnets for Shifu. This thus led to the creation of a new network topology, ensuring the protocol can scale its number of validators. However, a few weeks after running Shifu testnet publicly, the staking platform migrated to Shifu V2. This V2 was a multi-duty update, geared towards allowing validators to support all Beaconchain duties. Going forward, the team behind the protocol added a smart contract layer to foster the zero-coordination capacity of the network.

Now, with its unveiling of Jato, there are only a few stages left before ssv.network goes to mainnet. They include audit of the smart contract for security efficiency, upgrade of the smart contract performance, execution of the feedback and recommendation gotten for Jato, and then the mainnet goes live.

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Dare Ibitoye
Dare Ibitoye
Over the years, Dare has been a committed reporter in the field of cryptocurrencies. He is also interested in researching about the innovative projects within the blockchain space. During his spare time, Dare loves to listen to music and read about technological trends in the contemporary world

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