Announcing the release of SafeStake testnet-v3.2.3!
Recently, the SafeStake development team officially completed internal testing of a new version of SafeStake Holesky Testnet, resolving some bugs to improve our platform before the mainnet release.
As a preliminary step to ensure the success of our distributed validator proposal, version v.3.2.3 addresses significant issues to optimize performance on the current Holesky Testnet. Let’s take a look at the important changes we’ve released in this latest version of the software for node operators.
Key Changes
1. Support lighthouse 5.2.1: With this version, the beacon node uses less memory and performs better during reorgs and other instances of network turbulence. Additionally, Lighthouse v5.2.1 enables the correct sizing of the slasher database for the growing validator sets on mainnet and Holesky.
2. Optimized the operator committee restart logic: This optimization will reduce downtime and resources required to restart the operator committee. After a failure or upgrade, this change will make it possible to minimize errors during the startup process, ensuring that the system can recover automatically, and reducing the time needed to restart the committee.
3. Optimized the MEV registration timestamp setting, using the timestamp when the validator registers on the platform: Optimizing the adjustment of the MEV registration timestamp involves capturing and using the exact timestamp when the validator registers on the platform. This is done to improve the accuracy and efficiency of the process known in SafeStake as Validator Extracted Value (VEV).
4. Removed the restriction of the p2p outbound port, and home stakers will be easier to set up when using the default port: Removing this restriction makes it easier to set up home validators by allowing them to use the default port without additional complications, simplifying the process of onboarding validators to SafeStake.
5. Added a network environment debugging tool: With this debugging tool, users can verify that their network configurations are correct and optimal for validator operation. The tool is incorporated into the validator workflow, allowing users to run network diagnostics as needed.
Operators and Validators
As part of the transition, operators and validators will need to deactivate their nodes and validators on the current testnet and set up new ones on testnet-v3.2.3.
Please follow the upgrade steps provided here:
https://github.com/ParaState/SafeStakeOperator/releases/tag/v3.2.3-testnet
Road to Mainnet Campaign
Remember that in August, our Mainnet Validator Incentive Program (VIP) begins, and if you become active on SafeStake Testnet, you will have greater opportunities to take part in the reward pool of 1.4 million $DVT tokens!
Be an active operator and one of the first to adopt SafeStake’s distributed validator technology (DVT). Find more details about the incentive program at this link:
Timeline
Finally, we want to announce that Lido testing is expected to conclude in the coming days, which will allow us to take snapshots and start with the private mainnet this August, as announced in our latest newsletter.
If everything goes according to plan, SafeStake will mark a milestone in ETH staking history in 2024, and you will be part of it!
As always, stay tuned for more updates as SafeStake’s cutting-edge distributed validator technology (DVT) continues to push the boundaries of innovation and move towards an imminent mainnet launch!
About SafeStake
SafeStake is a pioneering technology company focused on revolutionizing Ethereum staking. With its cutting-edge, decentralized Distributed Validator Technology (DVT), SafeStake provides an ultra-secure, fault-tolerant environment for Ethereum validators, maximizing staking rewards and minimizing penalties. SafeStake is committed to driving the growth, innovation, and decentralization of the Ethereum network while ensuring the security and prosperity of its participants.
