RPC nodes and Solo Staking on GCP: Launchnodes Releases Pre-synced Beacon Node with Geth
London, UK
|
August 14, 2023 11:35 AM Eastern Daylight Time
Launchnodes announces the launch of a Pre-synced Beacon Node with Geth for Solo staking ETH and for running RPC nodes. The company’s latest solo staking product goes live shortly after the rollout of its highly sought-after Teku validator node on AWS, which sets out to further improve decentralisation of the Ethereum network.
Using Launchnodes’ Pre-synced Beacon Node with Geth is an efficient solo staking method that offers higher levels of security, reliability, and affordability when it comes to running independent solo staking infrastructures at scale with multiple validator nodes. Developers can use this product to run RPC nodes to natively access data on the Ethereum network and to power dApp solutions. Execution layer nodes can take 1-2 days to sync and Beacon nodes 4-5 days. Launchnodes’ product brings this down to 3-5hrs.
Pre-synced Beacon Node on GCP
Now, users can opt for the Pre-Synced Beacon node with Geth to connect to the Ethereum beacon chain more quickly, eliminating long wait times and boosting flexibility of their operations. Running a beacon node on your own infrastructure plane in GCP or AWS without Launchnodes can take 4-5 days to synchronise, whilst Geth nodes can take 1-2 days. Pre-synced Beacon Node with Geth for Solo Staking reduces the sync time to 3-5 hours.
The Pre-synced Beacon Node with Geth for Solo Staking is now available on the Launchnodes’ GCP Marketplace at a low hourly cost, allowing you to solo-stake Ethereum using your GCP infrastructure and cloud plane, leveraging all of the tooling of Google Cloud Platform.
Solo Staking and RPC gateways
Solo Staking is the foundational method to earn rewards on ETH holdings. It involves locking up 32 ETH as collateral and running Validator client software like Teku or Prysm on the infrastructure you own. The validator node does the work of processing network transactions and securing the network. For doing this work the Ethereum network pays the validator node. The net effect is that a validator node represents a fixed pool of capital earning a return in perpetuity for supporting a growing network, Ethereum. This financial outcome is akin to operating a fixed-deposit account at a traditional financial institution.
Pre-synced Beacon and Geth nodes can also be used as a Remote Procedure Call (RPC) node. Ethereum RPC nodes act as a gateway between applications (like wallets, dApps, or other services) and the Ethereum blockchain itself, enabling these apps to read from and write to the network.
Use cases for RPC nodes include but are not limited to network propagation, submitting transactions, reading blockchain data and interacting with deployed smart contracts.
Unlike using third-party-provided validator nodes with no clarity on how much of your execution and consensus earnings you keep, solo staking involves active participation in the validation process required to reach network consensus. Outside of public cloud infrastructure, users must own and maintain the hardware required to run the EL and CL clients, and have valid signing keys before they can verify transactions or propose blocks.
Launchnodes’ Pre-synced Beacon Node with Geth for Solo Staking on Google Cloud, eliminates the need to purchase and maintain hardware by allowing users to pay a fee to run both layers remotely while retaining all of the benefits of solo staking or having your own RPC nodes.
Benefits of Pre-synced Beacon Node with Geth:
Full control over infrastructure, keys, secrets or assets through GCP account
Always-on staking eliminates the risk of missing a transaction because of downtime
Launchnodes charges zero commission, letting users earn maximum execution and consensus layer rewards
Solo staking boosts the safety, reliability, and decentralisation of the Ethereum network
Easy setup process with access to expert setup support
The Pre-synced Beacon Node with Geth is the best option for solo staking and native connection to the Ethereum blockchain for both experienced and inexperienced users who are looking to run a scalable infrastructure. It allows anyone to keep 100% of their solo staking returns and allows faster syncing without taking on the additional costs of paying for hardware upfront and maintaining it.
What is a Geth Node?
Geth is the execution layer (EL) client for Ethereum. It is one of the most extensively used clients and has a highly knowledgeable developer community that can help with any issue that can’t be resolved through excellent documentation. Anyone wanting to stake ETH on any consensus layer client must also operate an execution layer client, which is where Geth comes in.
Launchnodes’ listed validator, beacon and geth nodes on AWS and GCP offer an incredibly adaptive and more straightforward alternative to owning and maintaining the hardware required to run the execution layer (EL) client and consensus layer (CL) client. These two layers are what allow companies and individuals to solo stake ETH on Ethereum’s proof of stake beacon chain.
Pre-synced Geth nodes simplify the process of solo staking on the beacon chain using any of the available CL clients. Paired with a Pre-Synced Beacon node, the bundle serves as an integral part of a fully independent, enterprise-grade solo staking architecture.
Same bundle can be used as an RPC node, giving direct access to blockchain data to dApps and multiple use case scenarios.
About Launchnodes
Launchnodes was founded in 2020 to provide non-custodial, enterprise-grade Ethereum staking services on AWS, Azure, GCP, and clients’ bare metal hardware. The company’s products and services act as an orchestration layer, bringing Ethereum staking to the masses through a ‘Lego brick’ approach. Launchnodes customers have access to a variety of staking options that allow them to build dedicated and custom Ethereum staking solutions via fully managed or self-managed service and level 3 technical support. The company is also a Lido and SSV verified node operator.
Contact Details
Launchnodes lTD
Peter Patsalides
Company Website
