Ethereum Foundation DevCon 6 - Staking & Validator Experience Track, 14 Oct 2022

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From YouTube: Under 2 Min - Become an Ethereum Staker and Set Up Node by matt shams | Devcon Bogotá

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https://archive.devcon.org/archive/watch/6/under-2-min-become-an-ethereum-staker-and-set-up-node/

We need more mainstream users to partake in Etheruem PoS activity,

A brief talk showcasing stake tooling for Ethereum deposit contract that allows a normal user to safely stake 32 ETH and have his/her Ethereum Validator from 0, this includes generating credentials and processing deposit, another 60 seconds will allow them to have a node up and running using DVT techstack.

Speaker(s): matt shams
Track: Staking & Validator Experience
Keywords: Easy,Mode,ETH,staking

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Devcon is the Ethereum conference for developers, researchers, thinkers, and makers.
Devcon 6 was held in Bogotá, Colombia on Oct 11 - 14, 2022.
Devcon is organized and presented by the Ethereum Foundation, with the support of our sponsors. To find out more, please visit https://ethereum.foundation/

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Of ethereum staking right. So what's the Stakeout Steakhouse is a meta delegation protocol both for ethereum staking for inertia, onboard mainstream users. Ethereum doesn't have a delegation built in so we build that protocol on on Smart contracts, so we can enable the node Runners to get more users. At the same time the users can get, you know safely, staked with ethereum and it's completely 100 smart contracts and all formally verified right. So let's take a step back and see what we can do in two minutes and alive.

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You know you can have a coffee or you could do a speed run of ethereum staking So. Currently it takes about two days to do that. Experience taking so that we're going to do that in two minutes, so 60 seconds staking and 60 seconds to set up run the node. So you guys are ready for that. All right cool, let's go for it, then foreign.

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Counted two minutes.

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That's it two minutes, you become a Staker, you got a node up and running and you're good to go. So what we've seen here is like a complete smart contracts, tooling wrapped around ethereum deposit contract- and you know you got a note- you have it. You have your coffee. What's next yeah two minutes, it's a very short time, so we got to do something else. Let's go get some LSD!

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You want that I want to get a yes, then only I'm going next slide, all right cool. Let's go so now we want to get this node Runners to get more eat, so stay can get eight validators for 32 each. So you know that you need 32e to get a validator, but can we get that to eight? So that's how we go from one to eight X. So how does the LST Works LST is a contract suit that is fully automated.

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That will allow anyone to to send their any tokens, erc20 or Eid, and it will automatically get feed into a node Network. So there's a two marketplaces: node operators can simply register with the four eight and they will be get you know anyone can run this LLC Network, Let, It, Be, Dao or you know, you're taking service or anyone, and this pooling will automatically get the de back into the user's hands.

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Remember the de this slash free, so the users who are protected and the slashing is going into the node if they are leaking or do something. So this is like an inclusive, Affair and open. It's fully permissionless. Anyone can set it up under 30 minutes here we're talking about who can use it. It's completely compatible with that node or steering packages or your staking services or liquid staking protocols. Think about you know.

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We have Lido steak, wise rocket tool and all these guys are doing amazing service they're providing not running, but you also have solar stakers and you have institutions like coinbase and other people, but it's all the fragmentation of liquidity we bring in this Eid back. The meta delegation protocol allow you do the LSD networks underlying staked eat is completely fungible, so no matter which node Runners are there. They can all enjoy this and it's it's completely redeemable. It's fully smart contract driven right. We don't stop there.

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So Steakhouse will also give you a complete visibility to validator level for stake, earning and threat detections. So you know that if something goes bad you don't really have to go and find out we'll automatically get it. Everything is on chain, it's complete coming from consensus layer and you can build web hooks top of that. So more things are coming there. So if you go to joinsteakhouse.com today, if you're a builder, it's gone, 100, Nano, friendly, all things are included. You have templates ready to go.

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If you want, if you're D5 protocols you have that if you're you know, if you want to do gatekeeping, if your institutions you get there if you're a node operators, you have all the sdks that they're in you know npm packages, everything is there. So if you want to do something, if you want to learn more about it, come and find us, you know you can join out this code or you can go to a website. You know let's make if you're mistaking accessible for millions of users and make it safer too. That's it.

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Thank you. I speed run the time actually get 20 seconds more. It's a good thing to start all right, yeah, bigger plows.