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Merge pull request #8692 from ethereum/jc-merge-updates
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various minor changes to staking pages
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minimalsm authored Dec 7, 2022
2 parents 4f10d3d + 4827570 commit d547095
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Expand Up @@ -228,7 +228,7 @@ openssl rand -hex 32 > jwtsecret
This section will guide you through starting execution clients. It only serves as an example of a basic configuration, which will start the client with these settings:

- Specifies network to connect to, mainnet in our examples
- You can instead choose [one of testnets](/developers/docs/networks/) for prelimenary testing of your setup
- You can instead choose [one of testnets](/developers/docs/networks/) for preliminary testing of your setup
- Defines data directory, where all the data including blockchain will be stored
- Make sure to subsitute the path with a real one, e.g. pointing to your external drive
- Enables interfaces for communicating with the client
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6 changes: 5 additions & 1 deletion src/content/staking/pools/index.md
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Expand Up @@ -41,7 +41,11 @@ In addition to the benefits we outlined in our [intro to staking](/staking/), st

Pooled or delegated staking is not natively supported by the Ethereum protocol, but given the demand for users to stake less than 32 ETH a growing number of solutions have been built out to serve this demand.

Each pool and the tools or smart contracts they use have been built out by different teams and each come with their own risks and benefits.
Each pool and the tools or smart contracts they use have been built out by different teams, and each comes with benefits and risks. Pools enable users to swap their ETH for a token representing staked ETH. The token is known as a "liquid staking derivative"; this is useful because it allows users to swap any amount of ETH to an equivalent amount of a yield-bearing token that generates a return from the staking rewards applied to the underlying staked ETH (and vice versa) on decentralized exchanges even though the actual ETH stays staked on the Beacon Chain. This means swaps back and forth from a yield-bearing staked-ETH product and "raw ETH" is quick, easy and not only available in multiples of 32 ETH.

However, these liquid staking derivatives tend to create cartel-like behaviours where a large amount of staked ETH ends up under the control of a few centralized organizations rather than spread across many independent individuals. This creates conditions for censorship or value extraction. The gold standard for staking should always be individuals running validators on their own hardware whenever possible.

[More on risks of staking tokens](https://notes.ethereum.org/@djrtwo/risks-of-lsd).

Attribute indicators are used below to signal notable strengths or weaknesses a listed staking pool may have. Use this section as a reference for how we define these attributes while you're choosing a pool to join.

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2 changes: 1 addition & 1 deletion src/content/staking/saas/index.md
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Expand Up @@ -38,7 +38,7 @@ The Ethereum protocol does not natively support delegation of stake, so these se

## What to consider {#what-to-consider}

There are a growing number of staking-as-a-service providers to help you stake your ETH, but each come with different risks and benefits.
There are a growing number of SaaS providers to help you stake your ETH, but each comes with different benefits and risks. You should consider that all SaaS options require additional trust assumptions compared to home-staking. Saas options may have additional code wrapping the Ethereum clients that is not open or auditable. SaaS also has a detrimental effect on network decentralization. Depending on the setup, you may not control your validator - the operator could act dishonestly using your ETH.

Attribute indicators are used below to signal notable strengths or weaknesses a listed SaaS provider may have. Use this section as a reference for how we define these attributes while you're choosing a service to help with your staking journey.

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4 changes: 3 additions & 1 deletion src/content/staking/solo/index.md
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Expand Up @@ -17,6 +17,8 @@ summaryPoints:

Solo staking is the act of [running an Ethereum node](/run-a-node/) connected to the internet and depositing 32 ETH to activate a [validator](#faq), giving you the ability to participate directly in network consensus.

**Solo staking increases the decentralization of the Ethereum network**, making Ethereum more censorship-resistant and robust against attacks. Other staking methods may not help the network in the same ways. Solo staking is the best staking option for securing Ethereum.

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.
Expand All @@ -25,7 +27,7 @@ A solo staker receives rewards directly from the protocol for keeping their vali

## Why stake solo? {#why-stake-solo}

Solo staking comes with more responsibility, but provides you with maximum control over your funds and staking setup.
Solo staking comes with more responsibility but provides you with maximum control over your funds and staking setup.

<CardGrid>
<Card title="Earn fresh ETH" emoji="💸">
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