Unveiling the Secret Framework Poised to Transform Ethereum’s Future—Is This the End of Fragmentation?

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SSV Network, a provider of Ethereum’s restaking infrastructure, has announced an initiative to develop a framework that allows applications, termed ‘based’ apps or “bApps,” to directly integrate with Ethereum’s primary layer-1 chain. This upgrade relies on Ethereum’s validators for a robust security foundation and supports various functions like layer-2 networks, data oracles, and fraud-proofs.

The SSV 2.0 upgrade represents a significant advancement in fortifying Ethereum security and caters to the rising need for layer-1 anchored interoperable solutions. CEO Alon Muroch emphasized that this ambitious project, if adopted by the network’s decentralized autonomous organization (DAO), could revolutionize the restaking market. The Distributed Validator Technology (DVT) framework underpins the based infrastructure model, enabling direct layer-1 security without requiring additional tokens. This model fosters enhanced network strength through increased participation while mitigating risks associated with current restaking practices.


In addition, SSV is introducing a coordination layer, known as the SSV Chain, to enable compatibility with other proof-of-stake blockchains such as Solana, Avalanche, and Cosmos. The updated tokenomics involves new staking rewards, burning mechanisms, and improved validator earning capacities through securing bApps and offering services.

The ‘based’ movement signifies a transformative shift within Ethereum’s ecosystem by addressing fragmentation and scalability challenges. While Ethereum’s layer-2 solutions address scalability, they also lead to fragmentation with disparate ecosystems and liquidity pools. According to Jesse Pollak from Coinbase’s L2 network Base, native based rollups are a vital tool to enhance connectivity with Ethereum and bolster security guarantees.

SSV Network currently boasts over $6.5 billion in total value locked, with more than 2 million ETH restaked and supported by 1,250 operators. This development marks a pivotal step towards more secure and interconnected Ethereum applications.