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I've seen this PR-2149 quite a few times already and people are saying this is big for Ethereum 2.0. Can someone explain in simpler terms what will it offer?

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Quoting an answer from the ethstaker Discord channel:

This PR allows a contract to be the recipient of the withdrawn ETH instead of a person who could potentially take the ETH and run away. Staking pools can therefore have an ETH1 contract handle the withdrawal keys.

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