Lido upgrade aims to slash Ethereum’s validator count by one-third

According to Cointelegraph, Lido has introduced the Curated Module v2 upgrade, which aims to cut Ethereum's validator count by approximately one-third by consolidating validators and updating operator rules. This upgrade allows each validator to increase their effective balance significantly, improving efficiency and decentralization. Lido projects that this change could reduce the number of validators from around 880,000 to 628,000, although the migration process has yet to begin. Read the full story at Cointelegraph . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.