Topic: [ANN] Blox Staking - Ethereum 2.0 Fully Non-Custodial Staking - page 6. (Read 643 times)

What can I do with CDT if I still have any?   

Yes, they will be used to pay network commission.   

Will CDT 2 be burnt, too?   

There’re two stages. First, the tokens worth of 1 USD at a current exchange rate are bought and then they are burnt as annual payment. The idea is to reduce the supply of CDT to begin to use CDT 2 later. It’ll be used as a reward for block producers.   

I can’t understand the CDT token burning system. How does it work?   

No info yet, we should wait   

How much is it planned to be?

So far yes, but they promise to reduce the entry barrier soon.   

You need no less than 32 ETH for entry, right?

I had some problems, too, but then I figured it out. There’s a special section in settings where you should enter your data.

Payment is charged when you set up a validator. It’ll be activated once payment is made.   

How do you pay for a validator and activate it?

Blox (CDT) is powering the decentralized ETH staking economy by making Eth2 staking accessible to all!



ABOUT BLOX
Blox is developing products and technology that help Ethereum stay fair and decentralized 🦾
Decentralized ETH staking refers to platforms that in no way retain control over it’s users ETH, private validator keys or private withdrawal keys. Effectively providing a service that alleviates the technical and monetary barriers to entry for staking on Ethereum 2.0, without assuming custody over its users’ assets.


Why is this so important?

Custodial and semi-custodial staking raises security breach concerns should a hacker gain access to the service and access its user’s assets. Additionally, should the service inadvertently partake in a slashable event, its users face steep penalties given that slashing penalties grow exponentially the more validator keys are involved in an event. The larger the centralized service, the larger the potential penalties.


Many Eth2 staking services claim to be non-custodial, yet maintain custody over one, or both private keys. Blox’s solution is entirely non-custodial, offering participants the chance to stake on Eth2 with the utmost privacy and security.

BLOX STAKING

Running your own validator has never been this smooth.




Designed for stakers with at least 32 ETH, Blox Staking is an open-source, fully non-custodial staking platform for Eth2. Security-conscious users can easily generate and manage 1 or many validators using the platform which consists of 3 main components:


Blox Live Desktop App

A self-contained Desktop App, Blox Live is the gateway to convenient non-custodial ETH staking. The app is run locally, offering the highest level of security and bundles together all of the functionality for securely managing backups, key imports, creating and managing validators, and more.

Live maintains direct connectivity with Blox Infra and the user’s cloud service, on which KeyVault remote signer is installed.

Blox KeyVault

Validator keys are kept completely segregated and secured in KeyVault – a remote signer powered by Hashicorp Vault with a proprietary plugin for signing functionalities and built-in slashing protection.


To ensure that Blox Staking is fully non-custodial, KeyVault is not held on Blox servers, it is kept completely segregated and installed on a user’s personal cloud account. During the installation process, restricted permissions are created for Blox to transmit validator signing duties to KeyVault.

Blox Infrastructure

Blox Infra nodes ensure consistent connectivity to the blockchain and manage signing requests for each user’s personal KeyVault instance. This configuration empowers validators to optimize staking returns, minimize risks, and keep complete control over their assets.

Staking ETH is open to anyone who wants to help secure the network and gain rewards in return. More about Eth2 →

Join in on network decentralization by importing validators into Blox Staking. Import Validators -->

Generate rewards for your stake directly from the network. No middleman and no hidden fees.   Download Blox →

SECRET SHARED VALIDATORS
Developing the future of decentralized ETH staking.


Blox is building Secret Shared Validator (SSV) technology with the Ethereum Foundation to bring better infrastructure resilience to Eth2.


SSV is the first secure and robust way to split Eth2 validator keys between non-trusting operators which can transform staking services, decentralized pool performance, and security.

With SSV forming the network’s foundation, Blox is developing a decentralized ETH staking pools protocol affording ETH holders with less than 32 ETH the chance to participate in Eth2, with 0 security compromises.
 
Want to join SSV R&D? Send a message in the Discord SSV channel!

RESOURCES
Links
Website
Explorer
Github

Documentation
Blox Ecosystem Overview
Blox Staking Overview
Blox Staking Tech Overview
SSV - Ethereum Foundation Grant
CDT Tokenomics
Eth2 Knowledge Base

Videos
Installing & Running Your Eth2 Validator
Importing Validators Into Blox Staking
SSV Community Calls