Staking service Lido Finance will implement distributed validator technology. The company also plans to develop a scoring system that will allow anyone to become a Lido validator without permission.
The initiative is being implemented as part of the mission to reduce barriers to Ethereum 2.0 staking, as well as increase the decentralization and security of the network.
Over the past 30 days, 75% of new members came from Lido Finance, according to Dune Analytics. These dynamics has caused fears in the growth of its centralization.
The project involves 21 validators. The share of each is less than 2% of the total coins in staking. Lido Finance wants to reduce this figure to 1%.
