 | Obol NetworkObol Network is a protocol to foster trust minimized staking through multi-operator validation. Obol Labs is responsible for fostering the adoption of distributed validator technology through the development of the Obol Network and its ecosystem. Seed Round: $6.15M Series A funding Round: $12.5M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Obol Network
Obol is focused on scaling consensus by providing permissionless access to Distributed Validators (DV's). We believe that distributed validators will and should make up a large portion of mainnet validator configurations. In preparation for the first wave of adoption, the network currently utilizes a middleware implementation of Distributed Validator Technology (DVT), to enable the operation of distributed validator clusters that can preserve validators current client and remote signing infrastructure.
The Obol Network consists of four core public goods:
- The Distributed Validator Launchpad, a CLI tool and dApp for bootstrapping Distributed Validators
- Charon, a middleware client that enables validators to run in a fault-tolerant, distributed manner
- Obol Managers, a set of solidity smart contracts for the formation of Distributed Validators
- Obol Testnets, a set of on-going public incentivised testnets that enable any sized operator to test their deployment before serving for the mainnet Obol Network
DetailsRaised: 18,650,000 USDLegalBlockchain Platform: EthereumRegistration country: United States Registration year: 2021 |
Obol Network Roadmap
- Enable a group of distinct machines to validate thogeder.
- Basic form of DKG can be completed
- Engage Obol Community
- Facilitateself-service deployment of nodes
- Break charon in multiple ways
- Improve DoS resistance
- Distributed Validator returns competetive
- Run an unreasonably large percentage of a test network to see the network perfomance at scale if a majority of validators moved to DV architectures
- Charon nodes cannot be Dos'd
- Demonstrate that fault tolerant validation is real, safe and cost competetive
- Charon V2 will introduce perfomance reward into clusters
- Any issues amongst participants in a cluster must be sorted outside of the core protocol. For this reason, all operators in a cluster should be know to one another
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