
Solo Staker #stakefromhome StakeCat | DVT | EigenLayer Node Operator CEO of being unemployed Farcaster: glcstaked
Joined November 2018
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There are two forum posts on @StarkNetEco/@StarkWareLtd and @optimismFND Governance, on airdropping to ETH validators
gov.optimism.io/t/draft-airdβ¦
community.starknet.io/t/drafβ¦
not only does it make sense from what actors your want to onboard, there are long term side effects to this
Confidence in DeFi is at an all time low right now.
We need to go back to basics. No reason somebody looking to deposit eth to borrow usdc should be vulnerable to contagion from a bridge for liquid restaked rsKxyzstETH.
Return to pristine collateral.
Running a Sequencer with a 200k stake requirement means ~1.9ETH/ $5.5k at current clearing price
Hardware Required:
CPU- 8 core/ Ram- 16GB/ Storage- 1TB
I've setup an Aztec Sequencer on Mainnet @aztecnetwork
Running this at home with my own node
Eth docker β Geth & Nimbus
Aztec Sequencer on the same device
I setup a sequencer, at home along side ETH Staking setup
some thoughts...
Why Aztec, or just another L2
Decentralisation Ethos: launching the chain with decentralised open sequencing, something many of the leading L2s have yet to do.
Privacy first: seeing a narrative swing back to cypherpunk roots with how crypto has become institutionalised.
The Sale: No Airdrop
airdrops as a primary mechanism for distributing user ownership have lost their shine due to issues like sybils and mismatched incentives.
Full circle back to ICOs but with lessons learned, no stupid gas was, been live for a while with an auction mechanism. I think this approach is good, the whitelist is broad yet selective-
With emphasis on Solo Stakers/ node operators which Aztec hold in high regard, exactly the type of actor a decentralised network would want to onboard.
Value:
At < $300M FDV is fair for a βnewβ L2 today, I think we have L2 over-saturation, but Aztec is very OG in Ethereum (dev since 2017)
Iβm mostly interested in running a sequencer and adding it as a part of the node/income stack,
I think at valuation its fair and with room to grow
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This is the last day of early access to $AZTEC token sale, for eligible solo stakers
if youβre a Solo Staker recognised by any of these communities you likely have access
Solo stakers, you power decentralization for Ethereum, and we see you.
If youβve run a node with @RocketPool_Fi, @Stake_Cat, @ethStaker, @stakersunion, @Obol_Collective, or @lido CSM, you get priority access to the $AZTEC token sale.
Connect your active node address to register: Sale.aztec.network
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I've setup an Aztec Sequencer on Mainnet @aztecnetwork
Running this at home with my own node
Eth docker β Geth & Nimbus
Aztec Sequencer on the same device
Running L2 nodes on top of Eth Staking is something thatβs interested me for a while,
I use the same full node for @LidoFinance CSM and DV clusters @ssv_network & @Obol_Collective
and now earning rewards on an L2
expanding services and income -symbiotic with ETH (base)
Sequencers propose and order blocks for the L2 chain, this is the equivalent of an L2 validator and must connect to a Full ETH node.
This is basically my home stack now
GLCstaked π¦ππ± retweeted
Aztec did a great job sourcing solo stakers & @ethStaker community members for this whitelist! If you're a solo staker or have been at staking community events, you're probably eligible :)
Very stoked for Aztec, its progress, & its genuine commitment to decentralization & privacy
sale.aztec.network
The $AZTEC token sale is live.
An onchain, community-owned sale where you set the terms.
No airdrops. No mysterious allocations.
sale.aztec.network
GLCstaked π¦ππ± retweeted
Britain is being plunged into a China-style surveillance state.
Reform will repeal the Online Safety Act.
My speech today: π
GLCstaked π¦ππ± retweeted
And to absolutely nobody's surprise, they came for us next and started banning horror games from Steam and itch.
GLCstaked π¦ππ± retweeted
Horror, just like many other media, deals with uncomfortable topics. That's why we have had content warnings pretty much since their conception and they've been getting more detailed.
But that's not enough. They don't like them, so they don't want you to access them either.
As a solo staker, Iβve been waiting for the chance to get involved in L2 node OPsβexpanding on L1 staking services that build on top of Ethereum.
@aztecnetwork is decentralizing its sequencer set from day one. You can get involved now on public testnet.
Iβve put together my own detailed walkthroughβespecially helpful if you're a solo staker running your own node with Docker.
mirror.xyz/glcstaked.eth/5QOβ¦
GLCstaked π¦ππ± retweeted
Some people believe that if Ethereum just got rid of those pesky maxis that want to run their own nodes and stake their own eth, that Ethereum would finally be able to scale.
Those people are wrong.
Ethereumβs DA and CR roadmaps depend on many honest full nodes. If most the nodes are run by a handful of centralised entities, you canβt leverage up your DA capacity safely. Without independent validators FOCIL doesnβt work. Without independent block builders, multi slot MEV will wreck L1 DeFi LPs.
More nodes = more scale. More indie nodes = safer DAS multiples and better CR.
Decentrascale Ethereum.
Decentrascaling #Ethereum
Great presentation on the whyβs and howβs by @OisinKyne at @EthIreland.
Updated the solo staker list in the repo
If youβre still missing, join @stakersunion to appeal and verify.
StakeCat's list of solo-stakers is the most comprehensive and best-maintained in the community. It's so good that the Stakers Union uses it to automatically verify eligibility for prospective members!
We're super excited to share that solo-stakers who are not currently on the @Stake_Cat list can apply for membership and get added!
Learn more about our verification process: docs.stakersunion.com/memberβ¦
Appeals: docs.stakersunion.com/memberβ¦
Apply to Join: stakersunion.com/apply
GLCstaked π¦ππ± retweeted
π§΅1/3 We just hit a major milestone on the road to Public Testnet:
Aztec is now running a permissioned, decentralized sequencer & prover network.
This marks a significant turning point, letβs recap how we got here π
Home Stakers tend to over worry about downtime risks
Forget UPS
Surge protectors
The real threat?
Cat paws initiating unintended hard shutdowns
I've installed paw protection technology to mitigate this threat.
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Replying to @Obol_Collective
Our massively successful community-led $OBOL Token Sale on @CoinList has concluded! π
Initially targeting sales of $3M, we were greatly overwhelmed by demand, with the sale heavily oversubscribed and reaching $4.2M of committed purchases. π
π blog.obol.org/coinlist
π§΅π
The first two proposals have passed Obol governance, OIP 2: unlocks $OBOL token teapaw.org/Obol_Collective/statusβ¦
And OIP 1: enable staking,
teapaw.org/Obol_Collective/statusβ¦
OIP 1 is live for voting until March 12th!Β π³οΈ
OIP 1 introduces:
β
$OBOL Token Staking
β
Enhancing governance participation, security and utility for the OBOL token
Inviting all Obol Delegates to vote now!
π§΅π
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You still have time to claim $OBOL until 2025-04-24 expect the unlock shortly after #solostakers are eligible
teapaw.org/Obol_Collective/statusβ¦
π Claiming of $OBOL is LIVE!
Claim your locked airdrop at claim.obol.org
β οΈ Be vigilant - this is the ONLY legitimate place to claim!
Don't forget to delegate your tokens' voting power, or become a delegate yourself!
π§΅π
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