Review on Blox by Toprak Dere
About Blox
Blox is an ETH2 staking service that does not provide custody services. Blox's mission is to provide a secure, simple and scalable platform without compromising ETH2's user privacy and Ethereum's decentralization.
In addition to these, Blox also offers crypto management for businesses. Blox allows automatic synchronization for exchanges and wallets. In addition, balances and activities can be checked and managed daily and instantly.
The CDT coin is the Blox platform's own token. CDT is used to access various features and functions offered by Blox. It also acts as a discount token for businesses.
CDT holders allow access to Blox platform features and full potential use, depending on the amount of CDT and the duration of the commitment. Regardless of the chosen service tier, CDT holders can get a 50% discount.
ο»Ώ
Pros
- Among the features offered by Blox is Keyvault based on Hashicorp Vault, an open source staking wallet. Users can use this open source wallet for ETH2 staking and stake as many ETH2 tokens as they want.
- The Blox team's goal is to make Ethereum 2.0 more secure, simple and scalable. While achieving this goal, not compromising user privacy and Ethereum's decentralization is also key to the project. It is known as one of the points.
Cons
- It is seen that the all-time record of Blox coin, which met with the user in 2017, came with $ 0.2867 on January 5, 2018. Although it is currently trading at approximately 82% below this record level, investors believe the Blox coin will increase. However, there were also those who thought the Blox coin was a scam and stated that this token should be avoided. Considering that Blox has been serving for approximately 3 and a half years, it is stated that these comments do not reflect the truth.
