[ANN] Blox Staking - Ethereum 2.0 Fully Non-Custodial Staking

[15262kk]

Thank you very much guys, but I have more questions now. I’ve just started studying the project, that’s why I have so many questions. What is SSV needed for? Why not to use the technologies everyone is used to? 

SSV is better for ETH architecture and it also allows to create validator keys safely. Other technologies can’t ensure similar stability and safety level.

How do they ensure high level of safety?   

You use the platform to fully control all validators. This is a local app, that’s why the safety level is very high.       

If it’s local, where are the keys stored? 

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[kreon149]

If it’s local, where are the keys stored? 

They are stored in a cloud storage created for every new user. 

[oliverlott]

If it’s local, where are the keys stored? 

They are stored in a cloud storage created for every new user. 

You forgot to say that the system minimizes the risks and increases profitability.   

[iyvcgm]

I’m new here, I have a couple of questions about the system. Will I have control over it or will the company manage it, too?   

[oliverlott]

I’m new here, I have a couple of questions about the system. Will I have control over it or will the company manage it, too?   

It’s the user to have control over the system. The platform is needed to gather all validators in one place and manage them, it’s also responsible for technical aspects, for example, it helps to organize operation of a validator.       

[iyvcgm]

I’m new here, I have a couple of questions about the system. Will I have control over it or will the company manage it, too?   

It’s the user to have control over the system. The platform is needed to gather all validators in one place and manage them, it’s also responsible for technical aspects, for example, it helps to organize operation of a validator.       

Thanks, but I have one more question. Why is it needed to confirm every action with the help of a validator?     

[oliverlott]

I’m new here, I have a couple of questions about the system. Will I have control over it or will the company manage it, too?   

It’s the user to have control over the system. The platform is needed to gather all validators in one place and manage them, it’s also responsible for technical aspects, for example, it helps to organize operation of a validator.       

Thanks, but I have one more question. Why is it needed to confirm every action with the help of a validator?     

The company isn’t responsible for your activities, that’s why confirmation is needed. Only the user can confirm actions. For example, you will have to confirm validator’s request in your personal account.   

[iyvcgm]

I’m new here, I have a couple of questions about the system. Will I have control over it or will the company manage it, too?   

It’s the user to have control over the system. The platform is needed to gather all validators in one place and manage them, it’s also responsible for technical aspects, for example, it helps to organize operation of a validator.       

Thanks, but I have one more question. Why is it needed to confirm every action with the help of a validator?     

The company isn’t responsible for your activities, that’s why confirmation is needed. Only the user can confirm actions. For example, you will have to confirm validator’s request in your personal account.   

How is that level of safety reached?   

[oliverlott]

I’m new here, I have a couple of questions about the system. Will I have control over it or will the company manage it, too?   

It’s the user to have control over the system. The platform is needed to gather all validators in one place and manage them, it’s also responsible for technical aspects, for example, it helps to organize operation of a validator.       

Thanks, but I have one more question. Why is it needed to confirm every action with the help of a validator?     

The company isn’t responsible for your activities, that’s why confirmation is needed. Only the user can confirm actions. For example, you will have to confirm validator’s request in your personal account.   

How is that level of safety reached?   

The platform allows to control all validators, also, it’s fully local. It also improves operational stability of a validator and minimizes the risks. 

[iyvcgm]

The platform allows to control all validators, also, it’s fully local. It also improves operational stability of a validator and minimizes the risks. 

Is there any info on how one can influence operation of a validator? 

[oliverlott]

The platform allows to control all validators, also, it’s fully local. It also improves operational stability of a validator and minimizes the risks. 

Is there any info on how one can influence operation of a validator? 

A decentralized system doesn’t allow to fully control it. Scammers can influence it insignificantly, but, in most cases, the problem is fixed quickly and you have no reasons to worry.       

[mirsad786]

The platform allows to control all validators, also, it’s fully local. It also improves operational stability of a validator and minimizes the risks. 

Is there any info on how one can influence operation of a validator? 

A decentralized system doesn’t allow to fully control it. Scammers can influence it insignificantly, but, in most cases, the problem is fixed quickly and you have no reasons to worry.       

I heard that it’s easy to hack a validator that’s why I can’t trust the platform.   

[oliverlott]

The platform allows to control all validators, also, it’s fully local. It also improves operational stability of a validator and minimizes the risks. 

Is there any info on how one can influence operation of a validator? 

A decentralized system doesn’t allow to fully control it. Scammers can influence it insignificantly, but, in most cases, the problem is fixed quickly and you have no reasons to worry.       

I heard that it’s easy to hack a validator that’s why I can’t trust the platform.   

Given that the system is decentralized, scammers won’t be able to fully control it. They can’t intercept files or steal ETH.   

[iyvcgm]

I’ve been using this platform for some time, but I still don’t understand how CDT2 is burnt. Could anyone please explain?     

[oliverlott]

I’ve been using this platform for some time, but I still don’t understand how CDT2 is burnt. Could anyone please explain?     

There’re two stages of burning. First, they buy tokens for $1, then they use them for annual payment. It’s needed to reduce the number of CDT2 to make it possible to use it as a reward for block producers in the future.   

[iyvcgm]

I’ve been using this platform for some time, but I still don’t understand how CDT2 is burnt. Could anyone please explain?     

There’re two stages of burning. First, they buy tokens for $1, then they use them for annual payment. It’s needed to reduce the number of CDT2 to make it possible to use it as a reward for block producers in the future.   

Will they keep burning them? Even when these tokens will be used as a reward.   

[oliverlott]

I’ve been using this platform for some time, but I still don’t understand how CDT2 is burnt. Could anyone please explain?     

There’re two stages of burning. First, they buy tokens for $1, then they use them for annual payment. It’s needed to reduce the number of CDT2 to make it possible to use it as a reward for block producers in the future.   

Will they keep burning them? Even when these tokens will be used as a reward.   

The website says that they will be used to pay network fee, that’s why they are burnt and their value will grow in the future.   

[iyvcgm]

I’ve been using this platform for some time, but I still don’t understand how CDT2 is burnt. Could anyone please explain?     

There’re two stages of burning. First, they buy tokens for $1, then they use them for annual payment. It’s needed to reduce the number of CDT2 to make it possible to use it as a reward for block producers in the future.   

Will they keep burning them? Even when these tokens will be used as a reward.   

The website says that they will be used to pay network fee, that’s why they are burnt and their value will grow in the future.   

I have some CDT2 at the moment, how can I benefit from it in the future?   

[oliverlott]

I have some CDT2 at the moment, how can I benefit from it in the future?   

Token holders will be able to make decisions regarding network management. This will help to make important decisions and take part in SSV network. More info about their use will be available in the future. But I can also say that the token’s role in SSV will be important.   

[iyvcgm]

I have some CDT2 at the moment, how can I benefit from it in the future?   

Token holders will be able to make decisions regarding network management. This will help to make important decisions and take part in SSV network. More info about their use will be available in the future. But I can also say that the token’s role in SSV will be important.   

Does it make sense to keep them? Will they be useful?