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SSV Network (SSV)

€ 5,75

2,78 % € 0,16
24h 1w 1m 1y All

SSV Network Price in Euros

(SSV to EUR)

€ 5,75

SSV Network Volume

(24h)

€ 8.51 M

Market Cap

(SSV Network)

€70.62 M
BTC

What is SSV Network

ssv.network is a decentralized staking infrastructure that allows Ethereum validators to work properly. SSV stands for Secret Shared Validators. The network ensures that Ethereum validator keys are divided into four node operators that do not need mutual trust to function, providing a decentralized and secure way of staking on Ethereum.

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How does SSV Network work?

SSV can be seen as a kind of intermediate layer between the validator node and the "beacon chain," or Ethereum's consensus layer. Because the validator key is split into four nodes, it is a multi-operator construct. This technology is a big improvement over current staking implementations.

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How to buy SSV Network?

Would you like to buy ssv.network (SSV)? You can do that quickly and easily at Coinmerce! Just select the coin you want to buy and choose any of our payment methods to buy SSV and you’ll receive the tokens shortly!

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How to buy SSV Network?

Would you like to buy ssv.network? You can buy ssv.network using a credit card or SEPA at Coinmerce. Once you are logged in, you will see ‘Coins’ in the top menu. When you click on this button, you come to the page with all crypto coins that Coinmerce offers. If you don't see ssv.network, use the search function to look for ssv.network. You can indicate the amount of euros you want to buy ssv.network for in the right window. Below is shown how much ssv.network tokens you get for this. If you have entered the desired amount you can click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy ssv.network when the price of ssv.network reaches your entered value. You can also execute a repeating order. Do you want to buy ssv.network with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive ssv.network.

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About SSV Network

ssv.network was released in early 2022 by the Ethereum Foundation, specifically by the research arm SSV Primitive, which was founded back in 2019. First they will implement the Decentralized Staking Infrastructure on Ethereum and later they may expand to other blockchains. By splitting the validator keys into four or more nodes, these are given the task of validator imposed under a consensus mechanism. There is no need for mutual trust and no node can gain full control of the validator. This system leads to four specific advantages. Validator keys are normally stored online but this mechanism allows them to be stored offline as well, enhancing security. Furthermore, a node can fail without the validator suffering and being unable to perform its tasks. The third advantage is that each node can work simultaneously without reducing risk. The last advantage is that validators can modify their own nodes thanks to the flexibility of the infrastructure. Thanks to these advantages, it is a big step forward for staking possibilities.

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Founder Adam Efrima
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Founder
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Founded 2016
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Industry Finance
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Website Website
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Network
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Location Israel
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Rank 399
euro
Market Cap 70.62 M
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Trading volume 8.51 M
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Maximum coins
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Circulating 12.3 M
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