Bitcoin Forum
May 10, 2024, 11:05:26 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 »  All
  Print  
Author Topic: [ANN] Blox Staking - Ethereum 2.0 Fully Non-Custodial Staking  (Read 624 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
BloxStaking (OP)
Copper Member
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
March 10, 2021, 04:49:18 PM
Last edit: March 30, 2021, 06:57:28 PM by BloxStaking
 #1


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


============================================================


Our Website - Discord - Twitter - Github - LinkedIn - Reddit - YouTube - Medium


============================================================

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

============================================================


Our Website - Discord - Twitter - Github - LinkedIn - Reddit - YouTube - Medium


============================================================


1715382326
Hero Member
*
Offline Offline

Posts: 1715382326

View Profile Personal Message (Offline)

Ignore
1715382326
Reply with quote  #2

1715382326
Report to moderator
1715382326
Hero Member
*
Offline Offline

Posts: 1715382326

View Profile Personal Message (Offline)

Ignore
1715382326
Reply with quote  #2

1715382326
Report to moderator
"Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715382326
Hero Member
*
Offline Offline

Posts: 1715382326

View Profile Personal Message (Offline)

Ignore
1715382326
Reply with quote  #2

1715382326
Report to moderator
1715382326
Hero Member
*
Offline Offline

Posts: 1715382326

View Profile Personal Message (Offline)

Ignore
1715382326
Reply with quote  #2

1715382326
Report to moderator
iyvcgm
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
March 30, 2021, 05:19:56 AM
 #2

How do you pay for a validator and activate it?
oliverlott
Jr. Member
*
Offline Offline

Activity: 115
Merit: 1


View Profile
March 30, 2021, 06:49:40 AM
 #3

How do you pay for a validator and activate it?

Payment is charged when you set up a validator. It’ll be activated once payment is made.   
ferdinand50
Jr. Member
*
Offline Offline

Activity: 39
Merit: 1


View Profile
April 01, 2021, 06:35:17 AM
 #4

How do you pay for a validator and activate it?

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

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

Activity: 49
Merit: 0


View Profile
April 01, 2021, 02:15:06 PM
 #5

You need no less than 32 ETH for entry, right?
oliverlott
Jr. Member
*
Offline Offline

Activity: 115
Merit: 1


View Profile
April 02, 2021, 12:00:13 PM
 #6

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

So far yes, but they promise to reduce the entry barrier soon.   
Modna
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
April 04, 2021, 03:55:20 AM
 #7

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

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

How much is it planned to be?
oliverlott
Jr. Member
*
Offline Offline

Activity: 115
Merit: 1


View Profile
April 05, 2021, 04:58:52 AM
 #8

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

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

How much is it planned to be?

No info yet, we should wait   
iyvcgm
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
April 05, 2021, 06:45:40 AM
 #9

I can’t understand the CDT token burning system. How does it work?   
oliverlott
Jr. Member
*
Offline Offline

Activity: 115
Merit: 1


View Profile
April 05, 2021, 03:57:26 PM
 #10

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

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.   
iyvcgm
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
April 06, 2021, 05:37:56 AM
 #11

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

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.   

Will CDT 2 be burnt, too?   
oliverlott
Jr. Member
*
Offline Offline

Activity: 115
Merit: 1


View Profile
April 06, 2021, 05:40:35 AM
 #12

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

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.   

Will CDT 2 be burnt, too?   

Yes, they will be used to pay network commission.   
willsey89
Newbie
*
Offline Offline

Activity: 51
Merit: 0


View Profile WWW
April 07, 2021, 06:48:41 AM
 #13

What can I do with CDT if I still have any?   
oliverlott
Jr. Member
*
Offline Offline

Activity: 115
Merit: 1


View Profile
April 07, 2021, 07:21:16 AM
 #14

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

Everyone who has these tokens can use them to manage the network – make important decisions and so on. 
BloxStaking (OP)
Copper Member
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
April 07, 2021, 02:02:38 PM
 #15

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

Everyone who has these tokens can use them to manage the network – make important decisions and so on.  

We will publish a lot more information regarding the use cases. Besides the governance mechanism that will be integrated, the token will be used for future purposes on the SSV work.
It will be served initially for two purposes, governance on decision making and utility in the SSV network (longer-term)
BloxStaking (OP)
Copper Member
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
April 07, 2021, 02:05:35 PM
 #16

How do you pay for a validator and activate it?

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

The service is free and will remain that way for the foreseeable future.
kreon149
Jr. Member
*
Offline Offline

Activity: 31
Merit: 1


View Profile
April 08, 2021, 04:09:37 AM
 #17

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

Everyone who has these tokens can use them to manage the network – make important decisions and so on. 

Then it turns out that every holder will become a part of a decentralized system. It’s much safer. 

willsey89
Newbie
*
Offline Offline

Activity: 51
Merit: 0


View Profile WWW
April 08, 2021, 05:55:25 AM
 #18

How is the price fixed? 
oliverlott
Jr. Member
*
Offline Offline

Activity: 115
Merit: 1


View Profile
April 08, 2021, 05:59:33 AM
 #19

How is the price fixed? 

It is denominated in USD. The validator is charged in USD, but the payment is provided in ETH no matter what the exchange rate is. The price is fixed at $180.
willsey89
Newbie
*
Offline Offline

Activity: 51
Merit: 0


View Profile WWW
April 09, 2021, 03:58:44 AM
 #20

Are there any risks if you bet on your own? 
Pages: [1] 2 3 4 5 6 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!