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Obol Labs Selects InfStones to Embark on a Strategic Journey on Distributed Validator Technology (DVT)


Obol Labs Selects InfStones to Embark on a Strategic Journey on Distributed Validator Technology (DVT)
Apr 18,2023|Clients
Obol Labs Selects InfStones to Embark on a Strategic Journey on Distributed Validator Technology (DVT)

We’re proud to announce that we’re collaborating with Obol Labs to research and test distributed validator technology (DVT). Obol Labs is a research and software development team that is building Proof-of-Stake infrastructure technologies for Ethereum. It is currently focused on developing the Obol Network, an ecosystem for trust-minimized staking that enables people to create, test, run, and coordinate distributed validators. Obol is funded by reputable investors such as Pantera Capital, Archetype, Nascent, Placeholder, and BlockTower.

The advantage of distributed Ethereum validators is that they can be run by more than one node — as a result, a group or cluster of nodes can act together as a unit. This eliminates the risk of having a single point of failure that could potentially lead to strict offline and slashing penalties enforced by the Ethereum protocol’s consensus mechanism.

InfStones will assist Obol by conducting tests to assess their technology for the network’s V1 launch. We believe that DVT is crucial for the decentralization of Ethereum staking. InfStones will be considering adding DVT to our services to provide more options to our customers.

Obol Labs’ Founder and CEO, Collin Myers commented on the new collaboration: “InfStones is a well-respected industry leader when it comes to blockchain infrastructure. We look forward to partnering with InfStone to further DVT testing and deployments ahead for our V1 launch.”

“DVT will become increasingly important in the coming years,” InfStones’ Founder and CEO Dr. Zhenwu Shi said regarding the collaboration. “We are excited to work with Obol Labs to research this technological advancement which will benefit both our organizations and our users.”

InfStones is the longest-running validator service in the global market and has run Ethereum validators for over 800 consecutive days and counting, with a flawless record of zero slashes. Collaborating with Obol Labs will allow us to tailor our services to a wider range of users.

We look forward to providing Obol Labs with the testing and research support they require as they continue to advance distributed validator technology and grow as a key organization in Web3.

About Obol

Obol Labs is an R&D team building infrastructure technologies for Ethereum and other Proof-of-Stake blockchains to scale consensus and ensure decentralization. Consisting of members across 13+ countries, the core team is currently focused on bringing Distributed Validator Technology to Ethereum. Follow at or @ObolNetwork.

About InfStones

InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider trusted by the top blockchain companies in the world. InfStones’ AI-based infrastructure provides developers worldwide with a rugged, powerful node management platform alongside an easy-to-use API. With over 20,000 nodes supported on over 80 blockchains, InfStones gives developers all the control they need - reliability, speed, efficiency, security, and scalability - for cross-chain DeFi, NFT, GameFi, and decentralized application development.

InfStones is trusted by the biggest blockchain companies in the world including Binance, CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin, among a hundred other customers. InfStones is dedicated to developing the next evolution of a better world through limitless Web3 innovation.