Setting up a Taiko node with proposer/prover functionality
IntroductionWelcome to this tutorial, where I will guide you through the process of setting up your initial Taiko node and even become an active participant in the network, either as a proposer or a prover. In case you need assistance with anything, reach out to our community members on our Discord server. Happy tinkering :)PrerequisitesBefore you start, ensure you have the following ready:Docker: Installed and running on your system.Git: Also installed on your system.Terminal Setup for Windo...
Setting up a Taiko node with proposer/prover functionality
IntroductionWelcome to this tutorial, where I will guide you through the process of setting up your initial Taiko node and even become an active participant in the network, either as a proposer or a prover. In case you need assistance with anything, reach out to our community members on our Discord server. Happy tinkering :)PrerequisitesBefore you start, ensure you have the following ready:Docker: Installed and running on your system.Git: Also installed on your system.Terminal Setup for Windo...
Enshrined LST
IntroductionLately, there's been a buzz surrounding concerns about Lido's decentralization. To address this issue, several liquid staking protocols have sprung up, attempting to challenge Lido's dominance. However, this proliferation of solutions could lead to fragmented liquidity, leaving users in a quandary over which Liquid Staking Token (LST) to opt for. To tackle this issue and explore potential solutions, some have proposed the concept of an "enshrined" LST, effectively i...
Enshrined LST
IntroductionLately, there's been a buzz surrounding concerns about Lido's decentralization. To address this issue, several liquid staking protocols have sprung up, attempting to challenge Lido's dominance. However, this proliferation of solutions could lead to fragmented liquidity, leaving users in a quandary over which Liquid Staking Token (LST) to opt for. To tackle this issue and explore potential solutions, some have proposed the concept of an "enshrined" LST, effectively i...
The ideal liquid staking protocol (imo)
IntroductionIn recent years, a plethora of liquid staking protocols have surfaced, including notable ones like Lido, RocketPool, Frax, Swell, StakeWise, Stader and others. Naturally, each protocol comes with its own set of advantages and disadvantages. In this discussion, we'll delve into what, in my opinion, constitutes an ideal staking protocol. Of course, it's important to acknowledge that every user has distinct requirements, and I aim to address a broad spectrum of needs within...
The ideal liquid staking protocol (imo)
IntroductionIn recent years, a plethora of liquid staking protocols have surfaced, including notable ones like Lido, RocketPool, Frax, Swell, StakeWise, Stader and others. Naturally, each protocol comes with its own set of advantages and disadvantages. In this discussion, we'll delve into what, in my opinion, constitutes an ideal staking protocol. Of course, it's important to acknowledge that every user has distinct requirements, and I aim to address a broad spectrum of needs within...
Withdrawal mechanism of permissionless liquid staking solutions
IntroductionI recently shared a Twitter thread addressing an issue with RocketPool's withdrawal mechanism and its potential to discourage large stakers from utilizing the protocol. In this post, I'll delve deeper into the key points discussed in that thread. It's important to note that while my focus is on RocketPool, the observations I make here can be applicable to any protocol that enables permissionless node operators to carry out validation, such as Stader (coming soon) an...
Withdrawal mechanism of permissionless liquid staking solutions
IntroductionI recently shared a Twitter thread addressing an issue with RocketPool's withdrawal mechanism and its potential to discourage large stakers from utilizing the protocol. In this post, I'll delve deeper into the key points discussed in that thread. It's important to note that while my focus is on RocketPool, the observations I make here can be applicable to any protocol that enables permissionless node operators to carry out validation, such as Stader (coming soon) an...
Ethereum's liquid staking landscape
IntroductionIn December 2020, the Beacon Chain was officially launched. Over the following months, several centralized exchanges began developing their own Staking as a Service (SaaS) solutions. With time, retail investors realized that staking ETH on platforms like Coinbase or Binance was much easier than acquiring 32 ETH and running a solo validator. However, the Beacon Chain encountered an issue as the stake started to concentrate in the hands of a few large corporations. Many teams began ...
Ethereum's liquid staking landscape
IntroductionIn December 2020, the Beacon Chain was officially launched. Over the following months, several centralized exchanges began developing their own Staking as a Service (SaaS) solutions. With time, retail investors realized that staking ETH on platforms like Coinbase or Binance was much easier than acquiring 32 ETH and running a solo validator. However, the Beacon Chain encountered an issue as the stake started to concentrate in the hands of a few large corporations. Many teams began ...
