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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Staking ETH on Topaz Testnet

BY: @tarekadam | CREATED: May 5, 2020, 11:14 a.m. | VOTES: 21 | PAYOUT: $0.91 | [ VOTE ]

If you follow development on Ethereum than you most likely heard about the awesome team from prysmatic labs who created the Topaz Testnet where you can setup a beacon node and validator to test the upcoming staking functionality once Ethereum consensus moves from Prof of Work(POW) to Proof of Stake(POS).

[IMAGE: https://files.peakd.com/file/peakd-hive/tarekadam/78GkaV9H-Screenshot202020-05-0520at2013.03.16.png]

I followed the well written instructions and managed to setup a validator with actual 3 key-pairs.

[IMAGE: https://files.peakd.com/file/peakd-hive/tarekadam/bZUhSJv5-Screenshot202020-05-0520at2013.06.12.png]

The beauty is that you can closely follow how you perform staking wise. Since I am running the validator on my mac and don't have it on all the time my staking results are not very good. For that reason I am planning to buy either a Mac Mini or Intel NUC so I can leave the client running 24/7.

[IMAGE: https://files.peakd.com/file/peakd-hive/tarekadam/L1arGot5-Screenshot202020-05-0520at2013.08.01.png]
Income is negative since my machine is not running all the time

Once I have my new machine running I share the stats and expect they will look much better.

TAGS: [ #ethereum ] [ #staking ] [ #topaz ] [ #testnet ] [ #crypto ]

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