Lido Finance has unveiled its Simple Distributed Validator Technology (DVT) focused on Ethereum (CRYPTO:ETH), aiming to revolutionise the way individual and community stakers participate in the network.

This new technology is designed to boost the decentralisation and security of the Ethereum network by making it easier and more accessible for more users to become validators.

By allowing a wider range of participants to contribute to the validation process, Lido's DVT initiative seeks to strengthen the Ethereum blockchain's resilience and integrity.

This development is part of a broader wave of innovations in the decentralised finance (DeFi) sector, highlighting a growing trend towards more democratised and secure blockchain technologies.