Setting up an Ethereum Node is technically demanding and needs a lot of research & preparation to do. Being confronted with this challenge, a lot of people therefore choose to use a staking service. A understandable choice: if they are in the position of owning 32 ETH, they do not want to risk their funds. But, in turn, this slowly centralizes the network.
Our answer to this problem is STEREUM, our Ethereum node installation, setup & management tool.
Stereum is a toolkit to simplify the process of setting up and maintaining an Ethereum/Gnosis Node. It provides an intuitive GUI to ease the installation process down to a few clicks, lessening the technical entry barrier to a minimum. By reducing complexity, Stereum will therefore attract more individual stakers to the network, promoting Ethererum’s principle of decentralization.
To use Stereum, you download the launcher and connect remotely to your fresh Ubuntu server.
In only three clicks Stereum will configure all necessary prerequisites your server has to meet, install and run Ethereum client software, and will ensure that your node is properly connected and synced with the network.
By setting up your own node with Stereum, you are able to participate in Solo Staking in your prefered network and validate transactions and blocks. Your node also serves as your gateway to the network for data science, dApp usage and development.
As Stereum aims to be the most flexible way to ...