ETH 2.0 Staking — How to stake for all levels

How to start staking Ethereum from all ranges of technical skill. And everything you need to know from total beginner to advanced DevOps engineer. We also peek into a popular method people use and how to set it up.

Patrick Collins
Coinmonks
Published in
8 min readDec 11, 2020

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How to stake eth 2
Staking with ETH 2.0. Original Image from Yaroslav Danylchenko.

Introduction

ETH 2.0 phase 0 is finally here! And it seems to be going uncharacteristically smoothly for a move of this size. We are starting the first phase of migrating from ETH 1.0 (the current version of ETH) to 2.0. This phase is characterized by running validators for the ETH 2.0 beacon chain. Along with this, we are moving from proof of work to proof of stake. This change means that we are going from having miners -> to having validators, and validators can sign up and start helping secure the network today! Helping secure the network does two massive things:

  1. Helps secure the decentrality and security of the network
  2. Allows you to gain ETH passively

Anyone and everyone can and should participate, but it can be a little daunting to get starting, and there are various levels that you can start staking at. This guide aims to point you in the right direction to participate no matter what level you’re…

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Patrick Collins
Coinmonks

Lover of smart contract engineering and security