Warning: This is a staking launchpad for the Holesky testnet.
Info: Your wallet needs to be whitelisted before you can use this launchpad. Join the #cheap-holesky-validator channel on EthStaker Discord Server to get whitelisted.
Warning: When creating your validator keys and your deposit file for this launchpad, you need to use
0x4D496CcC28058B1D74B7a19541663E21154f9c84as your withdrawal address. This is only required for this launchpad. When on Mainnet, you should use a withdrawal address you control if you want to use one.
Info: If you already have 32 Holesky ETH, you can simply use the official Holesky Launchpad. Getting 32 Holesky ETH can be done using various Holesky faucets.
Validators and Ethereum
This launchpad will help you become a validator, so you can play an active part in Ethereum's future. Validators are key to the more secure, scalable, and sustainable Ethereum we're building together.More on the Ethereum visionBy running a validator, you'll be responsible for securing the network and receive continuous payouts for actions that help the network reach consensus.Since the successful transition to proof-of-stake via The Merge, Ethereum is fully secured by proof-of-stake validators. By running a validator, you'll be helping to secure the Ethereum network.More on the Beacon ChainMore on the MergeValidating in Ethereum is not the same as mining. The outcomes are similar: the work you do will extend and secure the chain. But the process is completely different because they use different consensus mechanisms.More on consensus mechanisms
Become a validator
Becoming a validator is a big responsibility with important preparation steps. Only start the deposit process when you're ready.
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1. Learn about your responsibilities
The Ethereum upgrades will only be successful if validators understand the risks and responsibilities.🔧
2. Prep nodes
You'll need to run an execution client (formerly 'Eth1') as well as a consensus client (formerly 'Eth2') to become a validator. Take a look at the checklist to prepare yourself and your equipment.🥋
3. Practice on a testnet
We strongly recommend you go through the entire process on a testnet first to get comfortable before risking real ETH.🎣
4. Avoid phishing
Make sure you're aware of how to avoid phishing attacks. We've prepared a list of things to look out for.💰
5. Time to deposit
Once you're comfortable, you'll go through generating your keys and depositing your ETH.🕰
6. Wait to become active
Once set up, your validator won't become active straight away. Use this time to complete the checklist and get some extra practice on a testnet.How is Ethereum scaling?
Several upgrades are underway that will make Ethereum more scalable, secure, and sustainable. These upgrades will improve Ethereum while seamlessly continuing on the chain of today. Here's more on the different upgrades:Proof-of-stake and the Beacon ChainEthereum is secured by proof-of-stake, although this was not always the case. The Beacon Chain was the first step to establishing a PoS consensus layer on Ethereum, launching in parallel to Mainnet in December 2020. This allowed participants to start staking their ETH and prepare the network for the formal transition from proof-of-work to proof-of-stake via The Merge.More on the Beacon ChainThe MergeThe Merge upgrade officially brought proof-of-stake to Ethereum on September 15, 2022, simultaneously deprecating proof-of-work. This prepared the chain for future scaling upgrades such as Danksharding by bringing proof-of-stake consensus together with Mainnet, while simultaneously reducing energy consumption by over 99.9%.This marked the merging of the execution layer (existing Mainnet) with the new consensus layer (the Beacon Chain) to form the single Ethereum chain of today.More on the MergeShardingDanksharding will change the requirement that full nodes carry the entire history of the chain, and instead will distribute this load amongst the network while still ensuring data availability. This will significantly expand the capacity of layer 1 Ethereum while maintaining the ability to operate a full node on consumer hardware, keeping the network decentralized.More on Danksharding