Key Takeaways
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Launchnodes’ statement reads: “Using Launchnodes’ pre-synced Geth client on AWS allows customers to solo stake ETH using any consensus layer client.”
Launchnodes released Geth nodes on AWS to allow clients to stake their Ethereum assets.
To stake Ethereum on a consensus layer, users need an execution client. Geth node is one such standalone execution client that runs on Go Ethereum and is among the most popular clients used for staking Ethereum.
Launchnodes claims its staking product will provide a cheaper and simpler method to verify transactions on the Ethereum network. This is because setting up an Ethereum staking node using one’s own infrastructure is very expensive as compared to running Geth nodes on AWS.
“Using Geth For Staking makes it easy to run different clients more easily.”
Moreover, this product is commission-free, allowing clients to “become solo stakers and keep all the returns from their Ethereum staking operations."
In addition to providing Validator and Beacon nodes, Launchnodes also allows users to become a part of the "Staking Club." It allows clients who own less than 32 ETH to participate in Ethereum staking by pooling their assets and running a node on AWS.
