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Ethereum's shift to the proof of stake system post-merge held promises of easier earnings through staking rather than mining. In reality, staking on Ethereum still poses a difficult way to earn for most. SSV Network provides an easy way for stakers to earn ETH while helping to scale Ethereum. By fully decentralizing validation and replacing a single validator with multiple independent operators all over the globe, SSV Network is single-handedly changing the Ethereum landscape by making failed node validations much less probable.
Since Ethereum made the transition from proof of work (PoW) to the proof of stake (PoS) consensus model in 2022, validators can stake ETH to help secure the network. Stakers are required to stake 32 ETH to run a node as a validator. A staker also needs to run their validator client software alongside Beacon Chain and legacy nodes, which is a complicated process that requires technical expertise.
A validator will then produce a validator key that needs to be constantly online to perform duties such as signing transactions every 6.4 minutes in order to earn rewards. If a validator goes offline for a short time, the staker will miss the chance to earn their ETH. And in the worst cases, if their validator is offline for a long time or is stored wrongly or even gets hacked, the staker will be slashed and their staked ETH will be drained till they are eventually forced off the network.