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Run Ethereum Validator Node on Google Cloud: A Comprehensive Guide
Introduction
Validator nodes serve as vital components within the Ethereum 2.0 ecosystem, commonly referred to as Ethereum Serenity or Eth2.
These nodes hold a significant responsibility in upholding network integrity, crafting new blocks, and verifying transactions. As a reward for fulfilling these tasks, validators earn ETH.
However, they are also susceptible to penalties or “slashing” for malicious behavior or even periods of inactivity. Thus, the continuous operation and high performance of these nodes are of utmost importance.
The evolution to Ethereum 2.0, also known as Ethereum Serenity or Eth2, marks a transition from the traditional Proof of Work (PoW) to the innovative Proof of Stake (PoS) consensus mechanism.
In this novel PoS framework, validator nodes assume a pivotal role, reshaping the dynamics of network participation and verification.
Role and Tasks of Validator Nodes
In the Ethereum ecosystem, validator nodes actively engage in proposing, validating new blocks, as…