Launchnodes Introduces Teku Validator Nodes for Ethereum Solo Staking

LONDON, UK / ACCESSWIRE / February 27, 2023 / Launchnodes announces the launch of Teku validator nodes for Ethereum staking. The move comes as an incremental innovation in the solo staking space by significantly reducing the costs of running validator nodes on your own infrastructure, on public cloud or bare metal. Those businesses and HNIs who solo stake (or stake directly) Ether by running validator nodes on their own infrastructure, can now avoid staking intermediaries and third parties, and pay much less for their staking infrastructure.

The Teku validator node and Beacon node for Ethereum staking are now an integral part of Launchnodes’ solo staking and RPC nodes line up. This means that clients can either self-serve – spinning up Teku nodes independently – or have full support from Launchnodes with the set up, whilst still remaining solo stakers. Jaydeep Korde, CEO of Launchnodes explained that “large holders of Ethereum need to decentralise Ethereum by solo staking, and owning the infrastructure their nodes run on.”

Why solo stake?

According to the Ethereum Foundation, solo staking is the gold standard of earning rewards from running a validator. Other options currently present on the market are:

1. Staking as a Service providers, who are quasi-custodial, non-regulated, often retain the mnemonics to a customer’s nodes, and have partial custody of keys. These providers do make staking a single UI workflow through their infrastructure, to help people stake at a low cost, usually taking a commission from staking returns.
2. Centralised Exchanges (CEXs) are even more of a black box, in terms of the information they provide to Ethereum stakers about how returns are being generated, but they make staking very easy – almost like opening a saving account.
3. Liquid staking providers like Lido, allow people with small amounts of Ether, or less than 32 ETH to stake.

All these options have increasing technical and regulatory risk, present challenges in customers maintaining sole custody of their assets, and do not enable stakers to own their nodes, independent of these providers.

Solo staking, otherwise known as direct staking, is fully transparent as the customer owns the servers the node run on and the ETH attached to it. This also implies that the owner of the node collects 100% of the rewards that the validator node generates and benefits from the flexibility that comes with the freedom of running your own infrastructure.

Teku Validator node for Ethereum staking

Launchnodes helps its clients to run their own, independent staking infrastructure. This includes independent validator, beacon and geth nodes that run either on AWS, other cloud platforms or bare metal.

Teku is now the second most popular consensus layer client for Ethereum. Launchnodes now supports Teku and Prysmatic clients, and provides unique services for institutional and private solo stakers with multiple architecture and software options.

With their Teku offering, Launchnodes has reduced the cost of solo staking considerably, for those running tens or hundreds of nodes, compared to using Prysmatic. By making solo staking at scale more cost effective, Launchnodes hopes to make it increasingly popular, reducing the risks of using intermediaries, and further decentralising Ethereum.

RPC nodes from Launchnodes

Proof of Stake blockchains are about staking and data. Launchnodes makes running RPC nodes on your own infrastructure easy. They also help build private blockchains using Hyperledger Besu and enable solo staking on the largest proof of stake blockchains, including Solana, Cardano, Polkadot, Polygon, Tezos, Cosmos and others.

The company was established in 2020 with the goal to deliver investment grade solo staking. Since then, the company has become the industry leader in enabling solo staking. They are the only provider of pre-synced geth and beacon nodes that run on their clients’ public cloud or bare metal infrastructure

About Launchnodes

Launchnodes have worked with Save the Children, UNICEF and the Ethereum Foundation to use staking returns as a way to finance social impact.

https://giga.global/giga-finances-school-connectivity-in-rwanda/
https://www.bloomberg.com/press-releases/2021-09-30/ethereum-staking-makes-its-first-social-impact-with-launchnodes-and-save-the-children

The company was established in 2020 with the goal to deliver investment grade solo staking. Since then, the company has become the industry leader in enabling solo staking. They are the only provider of pre-synced geth and beacon nodes that run on their clients’ public cloud or bare metal infrastructure

Launchnodes have worked with Save the Children, UNICEF and the Ethereum Foundation to use staking returns as a way to finance social impact.

https://giga.global/giga-finances-school-connectivity-in-rwanda/
https://www.bloomberg.com/press-releases/2021-09-30/ethereum-staking-makes-its-first-social-impact-with-launchnodes-and-save-the-children

Useful links:

Launchnodes website: https://launchnodes.com/
Twitter: https://twitter.com/launchnodes
LinkedIn: https://www.linkedin.com/company/67972177
YouTube: https://www.youtube.com/@launchnodes/featured

Contact information:

[email protected]

SOURCE: Launchnodes