ssv.network (SSV) is a cryptocurrency and operates on the Ethereum platform. ssv.network has a current supply of 12,221,803.99740608 with 12,121,803.99740608 in circulation. The last known price of ssv.network is 6.57693348 USD and is down -0.37 over the last 24 hours. It is currently trading on 163 active market(s) with $11,460,954.94 traded over the last 24 hours. More information can be found at https://ssv.network/.
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BeInCrypto community recently had the pleasure of hosting Alon Muroch, SSV Labs Founder and a key contributor to SSV Network, in an insightful AMA session. As SSV celebrates its first year, Alon shared exciting developments, including the groundbreaking SSV2.0 upgrade and the introduction of Based Applications (bApps).
TL;DR SSV Network has launched a new 2.0 upgrade that integrates ‘based' apps directly with Ethereum's chain, enhancing the security and scalability of the ecosystem. The new security model allows direct participation in Ethereum's validator network without requiring additional tokens, eliminating risks of traditional restaking models.
SSV Network recently revealed SSV 2.0, a new bootstrapping model to bring “Based” Applications (bApps) to Ethereum. The new infrastructure framework aims to enhance the network's security and enable “truly decentralized” bApps without compromising Ethereum's core values.