0/ Ethereum’s security comes from its stakers. 

A guest thread about Ethereum staking, doing so as independently as possible, and community making all the difference.

I’m Jonathan Meyer (@jonathanmeyer.eth) Exec Director of @ethstaker, and am excited to share how you can take part. ↓

An independent community resource for education and support around Ethereum staking | account (badly) managed by @nixo

@ethstaker advocating for independent stakers and Ethereum

apolynya
ZK is the endgame
Build on Base
building coinbase wallet https://apolynya.carrd.co/

The universal platform for crypto, blockchain apps, stablecoins & decentralized tech. An account about the Ethereum ecosystem maintained by @ethereumfndn.

1/ Why do we need independent stakers?

“The whole point of a public blockchain is lost if you are not resistant for the worst-case scenarios. It’s too easy to get complacent and fail at the very moment when blockchains are supposed to be the Phial of Galadriel”. - @apolynya

2/ The phial referenced from The Lord of the Rings was bright, protective, and most vital when all else was dark.

An open public blockchain provides this kind of protection through its underlying decentralized node operator set.

2/ The phial referenced from The Lord of the Rings was bright, protective, and most vital when all else was dark.

An open public blockchain provides this kind of protection through its underlying decentralized node operator set.
https://polynya.mirror.xyz/3-omFNK3uU0iAaYSpFz0f9rCvrDBjx0H3XOSDGXU8hY

3/ Stakers protect the network through the regular validation activity they do.

Every 12 seconds stakers propose and confirm a block of transactions, and these tasks ensure the chain remains secure and credible into the future.

6/ In that case, there are other ways to be a home staker.

For example, running a decentralized liquid staking node or with distributed validator tech (DVT).

These options are resilient but have tradeoffs associated with extra software and smart contract risks.
s/o @obol, @ssv-network, @lidofinance, @rocketpool

5/ Of the ways to stake, solo staking at home enables maximum independence, and is the simplest connection between a staker and the protocol.

Solo staking keeps Ethereum diverse and censorship resistant, but takes 32 ETH which creates challenges for many.

4/ These activities earn rewards in a decentralized way. 

In order to preserve the network’s credible neutrality, stakers can participate directly and contribute toward its resilience and decentralization.