SSV Network has launched its permissionless mainnet using Distributed Validator Technology (DVT), revolutionizing Ethereum staking. DVT allows Ethereum validators to share responsibilities with multiple parties, promoting decentralization and improving overall resilience. This technology aims to address concerns about centralization in the current staking scenario, where large service providers control a significant portion of the market.

With the permissionless launch of SSV Network, anyone can now participate in Ethereum staking and contribute to its overall health. SSV Network is offering token rewards in SSV tokens to incentivize users to register validators on the network. They have allocated 1 million SSV tokens, valued at around $24 million, for a one-year incentive program. This program allows operators of nodes on other protocols to double their rewards by also operating on SSV.Network.

After three years of development, SSV Network’s permissionless mainnet launch is a significant milestone. Since the launch of its partner mainnet in September, nearly $160 million in ether has been wagered through SSV. The adoption of DVT approach by other Ethereum staking infrastructure projects like Obol and Diva further validates its potential.

Overall, SSV Network’s permissionless mainnet launch using DVT technology marks a step towards decentralization and improved security in Ethereum staking. With the opportunity for anyone to participate and the token rewards program, SSV Network aims to challenge the current centralization of providers in the market.