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Blox (CDT)

An Open-source, Non-Custodial Eth2 Staking PlatformMay 21st 2020

Blox is a non-custodial ETH2 staking service. Its mission is to make ETH2 staking safe, simple, and scalable without compromising on user privacy and Ethereum's decentralization.
The Blox Ecosystem consists of:
- Blox Staking: Open-sourced, fully non-custodial staking platform for Eth2.
- Secret Shared Validator (SSV)： Development with the Ethereum Foundation to further network decentralization and improve resiliency for Eth2 staking providers.
- Decentralized Staking Pools: Upcoming ETH staking pools network based on SSV technology.
- CDT tokens: Blox’s native token at the core of the pools protocol used in a decentralized oracle rewards system.
Blox Staking has the following features:
- Blox Live Desktop App: Convenient validator management and monitoring access to one or multiple validators.
- Blox KeyVault Remote Signer: Individualized remote signing server powered by Hashicorp Vault in which a user’s validator keys are stored. Featuring a -proprietary plugin for Eth2 signing functionalities and slashing protection.
- Blox Live Infrastructure Nodes: A cluster of validators, Beacon Chain, and Eth1 nodes that efficiently transmit duties from the blockchain to the user’s KeyVault remote signer for execution.

1. What is Blox (CDT)?

Blox is a non-custodial ETH2 staking service. Its mission is to make ETH2 staking safe, simple, and scalable without compromising on user privacy and Ethereum's decentralization.
Blox is developing products and technology that help Ethereum stay fair and decentralized. Blox’s first product, Blox Staking is designed for ETH stakers with at least 32 ETH. Stakers can easily generate and manage 1 or many validators using the platform.
Blox is also developing Secret Shared Validator (SSV) technology in conjunction with the Ethereum Foundation and other industry leaders. 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 enabling ETH holders with less than 32 ETH to participate in Eth2 staking. Blox’s native token CDT is at the core of the pools protocol used in a decentralized oracle rewards system.

Blox Staking is an open-source, fully non-custodial staking platform for Ethereum 2.0. The platform serves as an easy and accessible way to stake Ether and earn rewards on Eth2, while ensuring participants retain complete control over their private keys. Blox Staking has been built to simplify staking, while ensuring Ethereum stays fair and decentralized.

Source: Blox.

Blox Staking’s Live Desktop App provides a user with a streamlined way to set up and run a validator from a self-contained Desktop App - Blox Live. Validator keys are kept completely segregated and secured in KeyVault – a remote signer powered by Hashicorp Vault with a proprietary plugin for signing functionalities featuring built-in slashing protection. Blox Infra ensures consistent connectivity to the blockchain and manages 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.

Based on SSV technology under development with the Ethereum Foundation, Blox Decentralized Staking Pools Protocol will form a decentralized network of stakers and pool operators governed by a shared consensus mechanism. Blox’s native token CDT is at the core of the pools protocol used in a decentralized oracle rewards system. The pools are still under development, check the Blox Docs page for future updates.