Can you please address the concerns of the community regarding the security of staked ETH?

Expert

Can you please address the concerns of the community regarding the security of staked ETH and reedemability of aETHc post merge? We have seen other centralized staking solutions get rugged because a team member ragequit with the private keys to the withdrawal address. How are you guys protecting against this? The curve pool is gettin drained of ETH. No one is stepping in to restore the peg. Hypothetically, can a bunch of team members get together and abscond with the staked funds? Can the team members coordinate with the owners of the threshold servers? Is there any guarantee that they are not acting in concert?

Answers 1

Please refer to this: https://medium.com/ankr-network/stkr-treshold-key-management-system-e9fb7b56936f Nope, since Ankr does not own all the threshold servers There is no limit of permutations and combination that people can think of, we provide a secure service and it's one the best key management system out there