Ethereum Startup Obol Labs Raises $12.5M to Decentralize Validators

Ethereum Startup Obol Labs Raises $12.5M to Decentralize Validators


In addition to providing software that can make outages and mishaps less likely for validators large and small, Obol thinks it will be able to ameliorate some of the issues with centralized control. “Today we think of validators as individuals or single entities,” Oisín Kyne, CTO at Obol Labs told CoinDesk. “We think validators should actually be run by communities,” he continued. “Instead of only being able to run a validator alone, we want to enable you to run validators with a community of other stakers cooperatively.”

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