🚀 Blockchain startup Obol Labs is shaking things up with the formation of the Obol Collective, a consortium of Ethereum ecosystem players committed to enhancing the security and decentralization of Ethereum consensus. The collective includes over 50 staking protocols, client teams, software tools, and more. Obol's distributed validator technology is designed to spread control of hardware across multiple parties, making the process more resilient to failures and bad actors. 🛡️
This move comes at a crucial time as U.S. regulators have approved the first ether (ETH) exchange-traded funds. Obol's CEO, Thomas Heremans, believes that distributed validator technology (DVT) is the way forward in reducing risks.
What are your thoughts on DVT? Do you think it's the future of Ethereum's consensus system? Drop your thoughts below! 👇 #Blockchain #Ethereum #ObolLabs