CoinDesk·4 min read·hard
Lido begins moving $16.5 billion in staked ether to cut validator count by a third
O
Olivier Acuna
✦AI Summary
Lido, the largest Ethereum staking pool, is migrating its node operators to a new module that requires financial bonds and consolidates validators. This move aims to reduce the total validator count on the Ethereum network by one-third to improve performance.
The move will shrink Ethereum’s total validator count by an estimated one-third, significantly easing the load on the network’s consensus layer, Lido, the largest staking pool on Ethereum , announced Monday via an emailed press release.
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