Ethereum co-founder Vitalik Buterin said the Ethereum Foundation used a simplified distributed validator technology, or “DVT-lite,” to stake 72,000 Ether (ETH) in February.
“I hope that with this project we can make distributed staking for institutions as easy and one-click as possible.” he said Buterin at X on Monday.
Buterin explained that with DVT-lite, users can “select the computers that will run their nodes, create a configuration file where they all have the same key, and then everything will be configured automatically.”
DVT-lite is a simplified form of distributed validator technology, tailored for easier implementation, particularly in institutional or semi-professional Ethereum staking setups.
With regular solo betting, everything runs on one computer, which can result in “cutting” or penalties in the event of a crash, hack, or internet loss. Full DVT shares secret keys among multiple computers that constantly communicate, which is very secure but complicated to configure.
DVT-lite uses the same validation key on several computers, so if one computer fails, another quickly takes over, resulting in almost no downtime and very low risk of penalties.
The Ethereum Foundation launched its staking program using the technology in overdue February, and the asset is currently in the validator’s input queue wait will be erected on March 19.
One-click staking for institutions
Buterin said the idea that managing infrastructure is a “frighteningly complicated business” in which everyone involved must be a professional is “terrible and antithetical to decentralization, and we need to attack it head-on.”
He added that there should be a “Docker container”, “Nix image” or similar that has a “one-click” or command line per node that automates the staking process.
Related: AI ‘Vibration Coding’ Could Ahead Ethereum’s Schedule: Vitalik Buterin
Buterin said he plans to exploit DVT-lite soon and hopes that more institutions that hold ETH will be able to invest this way.
“We want the authority to stake out nodes to be highly distributed, and the first step to achieving that is to make it easier.”
In January, he suggested integrating the network with a “native DVT” that would allow staking without relying entirely on a single node.
Mighty demand for staking despite low prices
There is still huge demand for Ether staking despite the bear market.
Currently, there are 3.2 million ETH in the validator’s input queue with a 55-day wait, and only 29,000 in the output queue with a 12-hour wait, According to to the Validator queue.
There is currently 37.5 million ETH staked, worth approximately $76.5 billion at current prices, and representing 31% of the total supply.
Warehouse: China’s ’50x’ Blockchain Boost, Alibaba-Linked AI Mines Bitcoin: Asia Express
