Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN] Blox Staking - Ethereum 2.0 Fully Non-Custodial Staking
by
willsey89
on 02/05/2021, 05:37:32 UTC
How does decentralization work? This is a very interesting thing for me.

The system is based on validator nodes. A chain of pools manages a vast stake pool to keep them safe and reliable. Each of these pools works under SSV system, meaning that the validator keys are divided into several parts. To restore a key, you need a minimum amount of those parts, also, the threshold of the signatures needed to restore a key and confirm the signature itself in the chain of beacons is low (its 2/3).   

Why do they need pools if the keys are divided into parts?