Description
What is staking?
Staking is the act of depositing 32 ETH to activate validator software. As a validator you’ll be responsible for storing data,
processing transactions, and adding new blocks to the blockchain. This will keep Ethereum secure for everyone and earn you new ETH in the process.
Why stake your ETH?
Earn rewards
12.5 %
Rewards are given for actions that help the network reach consensus. You’ll get rewards for running software that properly batches
transactions into new blocks and checks the work of other validators because that’s what keeps the chain running securely.
Better security
The network gets stronger against attacks as more ETH is staked, as it then requires more ETH to control a majority of the network.
To become a threat, you would need to hold the majority of validators, which means you’d need to control the majority of ETH in the system–that’s a lot!
What is solo staking?
Solo staking is the act of running an Ethereum node connected to the internet and depositing 32 ETH to activate a validator, giving you the ability to participate directly in network consensus.
An Ethereum node consists of both an execution layer (EL) client, as well as a consensus layer (CL) client. These clients are software that work together, along with a valid set of signing keys, to verify transactions and blocks, attest to the correct head of the chain, aggregate attestations, and propose blocks.
Solo stakers are responsible for operating the hardware needed to run these clients. It is highly recommended to use a dedicated machine for this that you operate from home–this is extremely beneficial to the health of the network.
A solo staker receives rewards directly from the protocol for keeping their validator properly functioning and online.
Why stake solo?
Solo staking comes with more responsibility, but provides you with maximum control over your funds and staking setup.
Earn fresh ETH
Earn ETH-denominated rewards directly from the protocol when your validator is online,
Full control
Keep your own keys. Choose the combination of clients and hardware that allows you to minimize your risk
Network security
Solo staking is the most impactful way to stake. By running a validator on your own hardware at home,