EthStaker

/eth-staker2317

Staking on Ethereum: validators, nodes, staking from home, solo staking, mev, client diversity, liquid staking, hardware, DVT...

EthStaker is proud to be releasing its first production version of ethstaker-deposit-cli https://github.com/eth-educators/ethstaker-deposit-cli/releases/tag/v1.0.0 .This CLI tool can be used to generate your validator keys, to generate your voluntary exit, to add a withdrawal address to an existing validator that does not have one and few other features. Check out documentation website on https://deposit-cli.ethstaker.cc/ for all details.

Huge thanks to Valefar, Yorick, @nixo, @remyroy and Trail of Bits for their efforts into bringing this project to completion!
Lots of ways to be earning much more on your eth than the 2-3% a solo staking node earns

Is there anything Ethereum/anyone is doing to raise the incentives to solo stake from home? The opportunity costs is $3-10k/year 😓
hello, i was trying to construct argument against Lido's community staking module, but i keep coming up short. It isnt as bad as i thought it to be. it is coordinating funds and infra between various users and as far as i can see does so in a neutral way. What would for you be a major difference between that and for example Obol?
❗ You have 100 ETH.

❓ Where would you stake it?

🎯 The objective is to have a high security, but at the same time, we also want to optimize rewards.
My pride as a solo staker :
I just subscribed to State of Eth on Paragraph! 🎉
If you are a staker who generated multiple keys at a time using the popular staking-deposit-cli tool or one of its derivatives, you might be affected by a new security issue that was just discovered. See https://www.reddit.com/r/ethstaker/comments/1h0hn4j/insecure_keystore_files_generated_from_the/ for all details.
⚠️ Heads up if you used the ethstaker-deposit-cli to generate multiple keystore files ⚠️
source: https://discord.com/channels/694822223575384095/694836320786317392/1311022173313306684
🚀 The Ethereum upgrade "Pectra" is set for early 2025!

🛠️ @mikeneuder.eth, Researcher at the @ethereum Foundation, highlights a key change: the max effective balance for validators will increase from 32 ETH to 2048 ETH.

👉 This will offer more flexibility for validators, while maintaining the minimum balance at 32 ETH. Want to learn more about how this upgrade will affect you? Book a session with our team today: https://share.hsforms.com/1iCvve1WLQdOgAjSF12SWag4d3s1
Posting this again - I think it's important that we retain "solo staker" as the definition of a node operator who validates without anything between them and the Beacon Chain contract. It is the most "solo" way of staking

In contrast, "independent operators" can look like a lot of different things (DVT stakers, Lido CSM validators, Rocket Pool minipool operators, solo stakers using data centers). This is a big pool of tapped and untapped node operators and they're essential for decentralization

"Independent operators" isn't as catchy but I think it's good to have strict definitions to work from, otherwise we end up getting lost in 'decentralization word salads' where everybody means something different
It's en vogue to lampoon the ETH/BTC ratio but nobody wants to compare solo staking ETH performance to BTC performance (inclusive of the historical airdrops solo stakers/Rocketpool operators have received). Solo staking blows BTC out of the water and it's not even close. Maybe there will be 0 total airdrops in the future, but then consider /eigenlayer.
Temporarily unlocking the channel for everyone to be able to post because the process for joining channels still seems kind of unclear / difficult and it would be nice for new stakers to be able to post.

There wasn't a lot of bot spam before, anyway. Preferences?
The Node Operator hub is having a raffle each day with a bunch of prizes from Grid+. You only need to bring and run your own node on Ethereum or remote in your machine to get in.
We've synced 2 machines on-site at the Node Operator hub today in #DevCon. Come join us with your machine, your remote connection or with your staking issues and we'll get you going in person!
I will be speaking at #Devcon about solo stakers struggles. Join me https://app.devcon.org/schedule/9KV8UQ
always a good day to pray for a proposal
EthStaker, DAppNode and Ethereum On ARM are hosting the Node Operators Hub @ Devcon . Many members from each team will be on-site with real life workshops and support. Check out the latest updates to the Devcon Node Operators Community Hub schedule!

https://ethstaker.cc/events/devcon7-home-operator-community-hub

And now you can RSVP for those that you're interested in attending - there's a Luma link for each in the schedule to help track your Hub plans. Looking forward to seeing everyone!

https://lu.ma/devcon-home-operator-hub

(RSVP is free and optional, all you need is your Devcon access!)
Please comment your favorite thing about staking here to be added as a member to this channel (can't be something someone else already said):
Listening to @justindrake on the @bankless podcast.

It sounds to me that people fading the ~3% APY staking returns are underestimating / not seeing the potential value accrual for validators also becoming based sequencers for L2s in the future.

I’m not sure what the hardware and slashing requirements will be on top of regular attesting/proposing duties as they exist today.

But it sounds like the window of opportunity to load up on reasonably-priced ETH before the based rollups become reality is closing up fast. NFA
Home operatoooooors!

Rhino Review #28 is out! You can find more content about running a node with low-spec devices!

Devcon is just around the corner and there are quite useful events, talks, and panels for home operators. I’ll try to attend all of them and share my observations here.

I made some changes to the newsletter format and will give more space to content that directly related home operators. This way, we can move forward without losing our focus.
cheers!

Read here

https://rhinoreview.substack.com/p/rhino-review-ethereum-staking-journal-bad
Finally, a way to monitor my 100K validators in one place!

Joke aside, beaconcha.in is the absolute GOAT. It’s free, helpful, intuitive, and they keep improving it. They deserve a lot of love

https://x.com/beaconcha_in/status/1853453247559680433
🚀 Ethereum is always pushing forward! What’s next with the upcoming Pectra upgrade in Q1 2025? This upgrade promises significant enhancements to staking through 3 key EIPs:

• EIP-7251: Increase MAX_EFFECTIVE_BALANCE

• EIP-7002: Triggerable withdrawals

• EIP-6110: Onchain validator deposits

Learn how the Pectra upgrade will elevate your staking experience in our latest blog post by Sebastien Rannou, our Ethereum lead: https://www.kiln.fi/post/next-ethereum-upgrade-how-pectra-will-enhance-the-staking-experience
Idea: Protecting Your Validator from Attacks During Block Proposal to Prevent MEV Theft

Recently, I read a paper on validator deanonymization (linked in the last comment).
TL;DR: An attacker could find the IP address used by your validator. Then, when you're about to propose a block with significant MEV (Miner Extractable Value), the attacker can launch a cheap DoS (Denial of Service) attack on your internet connection. You would miss the opportunity to propose a block. The attacker would then DoS the next validator and repeat this until their validator is selected. This would allow them to propose a block, essentially stealing your winning lottery ticket and grabbing all the MEV.