The massive undertaking of Ethereum 2.0 has gained the following other blockchains should be envious of. Ethereum staking has wildly increased in popularity, and at the time of writing, Etherscan shows it has accumulated more than . Ethereum forms part of everyone’s vocabulary when it comes to blockchain, DeFi, or crypto, and with the way things have been evolving, it reigns supreme among the rest. $13 billion worth of Ether Alongside the anticipation of the network’s overhaul from a Proof-of-Work to a Proof-of-Stake architecture, comes the ability to stake and validate transactions, whilst earning ETH as a reward. Ethereum 2.0 staking has attracted a market eager to lock in their ETH to be able to participate in the decentralisation of the network, but where do you start? has created a seamless approach to offering non custodial investment-grade Ethereum 2.0 staking products and services - whether its hosting nodes or pooling ETH through their innovative ‘Staking Club’. Above all, though, Launchnodes’ use of Amazon’s cloud (AWS) to deliver and sell their products and services has put them at the forefront of ETH2 staking, so it seems appropriate to delve into how crypto staking pioneers and enterprise clients can use them. Launchnodes Ethereum Staking with Launchnodes Ethereum staking clearly shows no signs of slowing down, and those who are as experienced as Launchnodes within the industry, have developed products and services aimed at enterprise and individual clients looking to kick-start their staking venture. Whether you’re just entering the sphere, a seasoned pro, or an enterprise wanting to join in on the Ethereum 2.0 buzz, it’s good to be aware of what companies like Launchnodes have been developing, and what’s available to ETH2 staking enthusiasts: Ethereum staking Ethereum 2.0 Validator Node on AWS (Personal Set-Up) Ethereum 2.0 Beacon Node on AWS (Personal Set-Up) Ethereum 2.0 Validator Node on AWS (End-to-End Set Up by Launchnodes) Ethereum 2.0 Beacon Node on AWS (End-to-End Set Up by Launchnodes) Ethereum 2.0 Beacon Node as a Service (by Launchnodes) Technical Assessment (of existing infrastructure) Whitelabel DeFi Solutions Design Staking Club (ETH2 staking pool for clients with less than 32ETH) Launchnodes have dived headfirst into offering and collaborate on the Ethereum 2.0 Proof-of-Stake blockchain. Participation is crucial to supporting Ethereum 2.0’s decentralised network, and the company certainly welcomes you into the community by providing guidance and support throughout the whole process. Whether it’s your Beacon or Validator node set up on or off AWS, or you simply don’t meet the 32ETH requirements, Launchnodes is bound to have the solution. non-custodial and fully independent opportunities to stake Ethereum Why Stake Independently? Benefits of staking independently Using your own personal PC for running Validator nodes is still a way of achieving 100% of the rewards, but it comes with so much more risk. It requires substantial technical know-how, ongoing monitoring and management, and a rather expensive set-up, if you really want to get the most out of it. Aside from this, though, issues could arise when trying to maintain connectivity so that your server doesn’t miss a single attestation - especially when you consider the frequency of slow internet connections, power cuts, and so on. Furthermore, an incorrectly set up validator node could lead to ‘slashing’ and extortionate non-performance fees, sometimes adding up to a whopping 50% loss on your staked ETH amount! Staking independently means eliminating all intermediaries, giving you the chance to generate the highest yield by running your own Validator node. Doing this still lets you , but with much more peace of mind, and though it might not be the most well-known approach to staking ETH (yet!), it is the most advantageous. On an even more intriguing note, Launchnodes is also the only provider of non-custodial on a turnkey basis, simplifying the process through cloud computing on AWS. Their Staking Club also offers you the chance to pool ETH between a group, so you can avoid having to lock in the full 32ETH required when you usually stake independently. reap 100% of the ETH rewards Ethereum 2.0 staking Ethereum 2.0 Beacon Nodes The Beacon Chain is the ultimate coordinator of the Ethereum network and is what introduces Proof-of-Stake. High-performing , capable of supporting multiple validator clients and communicating with other Beacon nodes. Launchnodes respects the investment-grade mindset demanded by , and the customer is always using their own AWS account that Launchnodes never has access to.  Launchnodes supplies clients with a container-based product to connect to the Beacon Chain by running and hosting their own on Amazon’s cloud server - AWS. This has opened the doors to independent infrastructure, and the potential for developing your own Ethereum staking architecture - however you choose. Launchnodes’ ETH2 Prysmatic Beacon Node is ‘always on’, connecting to Validator nodes, so you’ll be well on your way to earning 100% of your ETH rewards in no time. Beacon nodes are essentially the building blocks and backbone of the Ethereum 2.0 network Ethereum 2.0 staking Beacon node Beacon Node as a Service As the latest addition to the Launchnodes’ suite of , Launchnodes also offers , where existing validator nodes both on and off AWS can be connected to Launchnodes’ Beacon nodes. The service lets customers connect one or multiple validator nodes to a Beacon node that is synchronized with the beacon chain, and is always on, monitored 24/7 by Launchnodes engineering team. Ethereum staking services Beacon Node as a Service runs the latest version of the Prysmatic Client Each beacon node is never connected to more than 50 Validator nodes and boasts strategic geographic placement to minimize latency. Finally, the service drastically simplifies technical requirements for ETH2 staking and provides . This then removes the infrastructure and connectivity costs and makes non-custodial staking much cheaper compared to running your own individual beacon node, synching it to the Beacon Chain and then monitoring and managing it. secure infrastructure with 99.999% uptime When it comes to investment grade staking, it is imperative to run an infrastructure that the institution owns themselves and can rely on. This is where Launchnodes Beacon nodes , serving as an additional aid to safety and security. In other words, regardless of whether you run your own validator node or looking for a turnkey solution, Launchnodes is fully equipped to cover all your needs. can be used as a backup to already existing Ethereum staking architectures Ethereum staking Ethereum 2.0 Validator Nodes Via these Beacon nodes, Validator nodes can link to the Beacon Chain, conducting transaction attestations and earning rewards. Picture these Validator nodes as good old-fashioned miners, working behind-the-scenes, around the clock, with an endless amount of energy. Although you can run Validator nodes from a personal PC,  an array of disadvantages comes with it, including missing attestations and incurring slashing fees (in case your ETH2 validator node is not set right). However, if these nodes are run on the cloud, the risks of downtime are greatly reduced. This is why Launchnodes proudly boasts an ‘always-on’ Prysmatic , that runs on Amazon’s AWS cloud. Although it and purchase the node before you subscribe, it’s a powerful cloud solution to help you avoid any downtime and scary penalties. Launchnodes’ efficient Concierge Service will also offer end-to-end set-up and support to any individuals or organisations who are keen to obtain Validator nodes on their AWS accounts. What’s more, is that they can even review your set-up if the Validator node was purchased through Launchnodes. Validator node for Ethereum 2.0 requires you to have an AWS account Additionally, some may choose to run more than one Validator node, so Launchnodes’ services can continue to support the demand from individual and institutional clients. The amount of organisations participating in has notably increased, and includes the likes of - so why not you? If Launchnodes are there to take you by the hand and steer you towards true investment grade independent staking, then why rely on third-party Ethereum staking service providers who take a lump of your ETH rewards and in most cases get full control over your holdings? ETH2 staking banks, public and private companies, pension funds, and ‘the guy next door’ Ethereum DeFi and Staking, Product and Technical Assessment Apart from the aforementioned services, Launchnodes also provides enterprise clients with a strategy and technology review, assessing clients ETH 2.0 and DeFi staking solutions and service propositions technically and functionally. Launchnodes provides clients with a functional and of internal and client facing staking and ETH based defi propositions, using an their framework. technical assessment Staking Club Ethereum users were always traditionally required to lock in a minimum of 32ETH to validate blocks, however, Launchnodes’ offers the to still get involved with the decentralisation of the Ethereum 2.0 network.  With Launchnodes, you can pool in with others to combine a total of 32ETH to launch your own Validator node and stake directly. Once you have your 32ETH deposit, you’re , right off the bat. Launchnodes’ Staking Club is specifically designed to be a fully independent Ethereum 2.0 Staking medium, delivering 100% of the Staking rewards to clients, setting up the node and providing on going management and support. Staking Club opportunity for those that have less than 32ETH eligible for 100% of the rewards It is important to note that Staking Club is designed with institutions in mind too. If, for example, a company is looking to stake ETH2 for the benefit of its employees, Staking Club allows each employee to accumulate returns, instead of getting the yield in bulk and then figuring out/arguing about how to distribute it. Overall, is a relatively simple concept, which is perhaps why it has gained momentum and become a hot topic among crypto fans who are keen to invest in the future of Ethereum. Launchnodes’ products and services are , so it makes it the most lucrative option for entry-level or institutional enthusiasts alike. Ethereum 2.0 staking fully independent, non-custodial and deliver 100% staking APY Why Cloud Staking prevails over running your own servers In parallel with independent staking, servers is undoubtedly becoming the favoured choice, with the many benefits it possesses outweighing those of using your own servers. Ethereum staking via cloud - To start with, due to the professional node infrastructure, there are no missed attestations should your server disconnect. No missed attestations and zero downtime - You will still receive 100% of the Ethereum 2.0 staking rewards. No third-party involvement - A cloud-based staking service provider, like Launchnodes, will offer end-to-end set-up and support, so although you’re independent, you aren’t alone. No technical knowledge required - Cloud staking is much cheaper, since there are no expenses required to purchase a server or additional hardware. More cost-effective - Mining Ether requires a significant amount of energy, which could be reduced by making use of cloud servers that are already functioning and present. More sustainable Summary Ethereum staking has been Launchnodes’ focus since the beginning and is ascertaining its dominance due to its investment-grade, non-custodial, risk-reducing, and AWS cloud-based staking services. The mix of reliable infrastructure and selling through AWS means that individuals and enterprises are able to run Beacon and Validator nodes effortlessly, without owing commissions on ETH staking services, depending on any third-parties or even being obliged to deposit the entire 32ETH. Ethereum 2.0 staking is rapidly gaining momentum, and Launchnodes is maintaining the pace, offering a silver-service, holistic approach that takes clients on their very first Ethereum staking strides, right up to deploying hundreds of ETH nodes.

Ethereum

Chain

Alongside

Amazon

fees

Start your investment grade Ethereum 2.0 Staking

Nominated for 2022 - HackerNoon Contributor of the Year - Ethereum

Too Long; Didn't Read

Download free Tech Leaders Productivity Report!

Ethereum 2.0 staking on AWS: Cloud Staking Matters

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

Untitled Story

A Stable Smart Contract Platform For Enabling ETH Mining and Eliminating Whale Manipulation

The Ethereum Roadmap - From The Merge to The Splurge

How To Build A Secure Eth2 Staking Infrastructure

The Future of PoW Mining After The ETH 2.0 Merge: An Overview

(1/100) Crypto Countdown: Golem

A Stable Smart Contract Platform For Enabling ETH Mining and Eliminating Whale Manipulation

The Ethereum Roadmap - From The Merge to The Splurge

How To Build A Secure Eth2 Staking Infrastructure

The Future of PoW Mining After The ETH 2.0 Merge: An Overview

(1/100) Crypto Countdown: Golem

Light-Mode

Classic

Newspaper

Dark-Mode

Neon Noir

Minty

HN StartUps