💡Operation Solo Staker
Decentralizing Ethereum one node at a time!
Welcome to the documentation for Ether.fi's Operation Solo Staker, it's great to have you here 🥳
What is Operation Solo Staker?
So you want to be part of the journey to decentralize Ethereum? This is the place to start!
Right now there are ~5,500 nodes running Ethereum, and about half are based in the US. Of these, over half are in a single data center in Virginia, 20 minutes away from the white house and the CIA headquarters. This is not a truly decentralized system. Ethereum needs Solo Operators!
| Ether.fi | You |
|---|---|
Provides the capital, hardware and software. | Provide the internet connection. |
So how does it work?
Ether.fi has ETH that has been deposited by stakers.
That ETH is then staked by Ether.fi to create Ethereum validators.
For each 32 ETH deposited, one validator key is generated.
These validator keys need to be given to node operators to perform validator duties such as proposing blocks and attesting (voting) to say that they are happy with the chain, etc.
But if all those validator keys are given to a small number of existing node operators... it's not a truly decentralized system!
That's where Operation Solo Staker comes in 💡
Using DVT (more on that later) that single validator key can be split up and shared between multiple home stakers. This reduces operational risks and increases decentralization.
Or to put it simply...
Ether.fi provides the ETH, the machine, and the software. All you need is an internet connection. As long as your machine is online, it will support and validate the Ethereum network, and you will earn rewards!
How can I get involved?
If you are looking to be involved in Operation Solo Staker, check out the link below for any updates
I've been selected to be a solo staker! What do I need to do?
If you are part of the initial trial of 12 home stakers, congratulations! You're on your way to becoming a solo staker 🏠
The following documentation pages will outline what you need to know to get your machine set up, to import your validator keyshares (don't worry, that's explained next), and how to monitor and maintain your machine.
To start with, let's explain DVT, why we're using it and what you need to know:
🤖Obol DVT ExplainedThere are two machines being used in the initial trial, Dappnode and Avado. Please follow the instructions for the specific machine you are using.
📘Avado Setup📗Dappnode SetupLast updated
