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Quote from: willsey89 on Today at 05:37:32 AM

Quote from: oliverlott on May 01, 2021, 06:37:09 PM

Quote from: willsey89 on May 01, 2021, 06:34:21 PM

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?

The pools work as an extra layer of protection between a validator and beacon chain.

Does it mean that every system participant is a pool? If so, how does it happen?