Cubist Launches Bank-Grade Ethereum Key Management Service

“The ability to destake can be nerve-wracking because these machines have to be online all the time, so it’s not like having 30 ETH in a cold wallet,” said Wahby in an interview with CoinDesk. “The machine has a key and is using that key all the time. Most of the solutions out there opt for convenience and store the key on the machine, and just hope that machine doesn’t get hacked.”