Obol Launches 1forDS Fund
A new funding model designed to support projects focused on decentralizing the Ethereum consensus layer.
This story was featured in Episode 469.
Obol Network launched the 1% for Decentralization (1forDS) retroactive fund, a new funding model designed to support projects focused on decentralizing the Ethereum consensus layer. The model directs 1% of staking rewards from Obol’s distributed validator clusters into a retroactive funding pool. As the network expands, it will generate increased funding for projects. Lido Finance is the first contributor to join the initiative via its SimpleDVT module. EtherFi has also committed to participate through its validators. Obol distributed validators enhance Ethereum’s fault tolerance by distributing a validator's key across multiple nodes, ensuring continuous validation even if one node fails.
Obol 2.0 DV Protocol Roadmap
The roadmap includes initiatives for shifting towards Publicly Verifiable Secret Sharing.
This story was featured in Episode 410.
Obol Network unveiled its research and development roadmap for the next iteration of its distributed validator technology protocol, dubbed Obol 2.0. The roadmap includes initiatives for shifting towards Publicly Verifiable Secret Sharing, enhancing security against key leaks, and adopting more efficient consensus protocols. The roadmap also aims to support advanced mechanisms for block building and proposal and better support liquid staking protocols. The initiative is being pursued in partnership with Nethermind Research, which is set to develop its own implementation for Obol. By distributing a validator's key among several nodes, DVs increase Ethereum's resilience, ensuring continued validation.
Obol Network Integrates With EigenLayer
The integration enables native restaking for Obol distributed validators.
This story was featured in Episode 365.
Obol Network, a distributed validator protocol, has integrated with EigenLayer to enable native restaking for its distributed validators. An initial deployment of two Obol distributed validator clusters, each comprising four operators, is now live on the Goerli testnet. Native restaking enables validators to earn extra rewards by securing Actively Validated Services on EigenLayer. Native restaking does carry added slashing risks. Distributed validators contribute to enhancing Ethereum's fault tolerance by splitting a single validator key among multiple operators, ensuring that validation continues even if one node in the cluster goes offline. EigenLayer is the largest restaking protocol with over $1 billion in TVL.
