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

Are there any risks if you bet on your own?

They say it’ll take more time to get connected because of constant safety assessment. Also, a validator can easily be hacked.

A decentralized system is much better. The data isn’t stored in one place as it is in case of centralized systems. It’s a different level of safety. No one can control all the system, intercept file transfers or disrupt a validator.

If they get control over an entire system, the currency is lost.

What’s the main benefit if a decentralized system?

A decentralized system doesn’t store both encryption keys, meaning that they keys aren’t exchanged if transfers are made or anything else is done with ETH. Other systems don’t store your personal encryption key, but they can influence your income by disrupting a validator. It’s impossible to steal ETH.

Where are the keys stored then?