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Ethereum’s Decentralized Pledge Infrastructure Announces Launch of Latest Public Testing Network

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On March 30th, the decentralized Ethereum pledge infrastructure, ssv.network, announced that it will launch the latest version of the public testing network Jato today. Jato\’s Gas

Ethereums Decentralized Pledge Infrastructure Announces Launch of Latest Public Testing Network

On March 30th, the decentralized Ethereum pledge infrastructure, ssv.network, announced that it will launch the latest version of the public testing network Jato today. Jato’s Gas cost has been optimized, verifier account management has been improved, and the number of nodes running verifiers has been increased. The previous test network Shifu will be gradually closed.

SSv.network Launches the Latest Version of the Public Test Network Jato

Ethereum’s decentralized pledge infrastructure, ssv.network, has announced the launch of the latest version of its public testing network, Jato. The new network is expected to offer significant improvements, including optimized gas costs, better verifier account management, and increased verifier nodes. This latest development comes after the gradual closure of the previous test network, Shifu.

What is ssv.network?

ssv.network is a decentralized pledge infrastructure that allows users to make pledges on Ethereum. The infrastructure is designed to help users pledge securely and anonymously, without any centralized control. ssv.network is built on the Ethereum blockchain, which provides it with a robust and secure platform for executing transactions. The infrastructure uses smart contracts to automate the pledge process, reducing the need for intermediaries and expediting the transaction times.

Jato Public Testing Network

Jato is the latest version of the public testing network for ssv.network. According to the developers, Jato comes with several improvements that make it more efficient and effective than the previous version, Shifu. One of the significant improvements is the optimization of gas costs, which reduces the amount of gas required to execute transactions. This feature will make the infrastructure more affordable for users, reducing the overall cost of making a pledge.
Another notable improvement in Jato is the enhanced verifier account management feature. The new feature makes it easier for users to manage their verifier accounts and track their pledges effectively. Additionally, the number of nodes running verifiers has been increased, giving more users the opportunity to participate in the pledge process.

The Gradual Closure of Shifu

With the launch of Jato, the previous public testing network, Shifu, will be gradually closed. According to the developers, the closure process will enable smooth transitions for users and allow them to move their pledges to Jato seamlessly. The gradual closure is expected to take a few weeks, giving users ample time to make the necessary adjustments.

Conclusion

The launch of Jato marks a significant milestone for ssv.network and its users. The new public testing network comes with several improvements that make it more efficient and affordable for users. With the gradual closure of Shifu, users can transition seamlessly to Jato and continue making pledges on the decentralized infrastructure.

FAQs

1. What is ssv.network?
ssv.network is a decentralized pledge infrastructure built on the Ethereum blockchain. The infrastructure is designed to allow users to make secure and anonymous pledges without the need for intermediaries.
2. What are the improvements in Jato?
Jato comes with several features, including optimized gas costs, enhanced verifier account management, and increased verifier nodes.
3. What happens to Shifu?
Shifu, the previous public testing network for ssv.network, will be gradually closed to enable users to transition seamlessly to Jato. The closure process is expected to take a few weeks.

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