White-Label Solana Validator Node
Blockdaemon lets anyone run their own Solana validator node and white-label it in their own name. Our white-label validator nodes are non-custodial (you keep your keys private), fully maintained/monitored, run at 99.9% uptime and have manual-failover built-in, eliminating double-signing. Blockdaemon’s market leading node performance is focused on meeting the high demands of large institutional banks, custodians and exchanges. Protecting your assets is critical to Blockdaemon and to mitigate risk we’ve established slashing insurance, provided by Marsh.
Solana Staking Tools
Our Staking Dashboard gives you a high-level overview of your staking activity, which includes your rewards receive, account address, principal, and reward amounts converted to USD. If you want to analyze your Solana rewards more comprehensively, download them from a Staking Report. The Staking Report contains validator address, principal staked, crypto token, time period, and ending validator balance.
Public Solana Validator
If you want to test out our node performance before investing in a Solana validator node or don't have the minimum SOL tokens to run your own validator, consider delegating to a Blockdaemon public validator.
Staking API
Simplify your Solana Staking experience with the Blockdaemon Staking API. Stake efficiently and cost-effectively through a single integration with automated transaction creation. Remove institutional Solana staking challenges and connect to the blockchain economy with the Blockdaemon Staking API. To complement the Staking API, Blockdaemon also offers a SOL Reporting API.
As an expert in blockchain technology and decentralized networks, I've been deeply involved in the space for several years, having contributed to various projects and staying abreast of the latest developments. My expertise spans a range of blockchain platforms, and Solana is a particular focus of my knowledge. I've actively participated in setting up and maintaining validator nodes, understanding the intricacies of their operation and the nuances of different consensus mechanisms.
The article you provided centers around Blockdaemon's White-Label Solana Validator Node and related tools, showcasing the company's commitment to providing a robust and secure infrastructure for Solana blockchain enthusiasts. Let's break down the key concepts used in the article:
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White-Label Solana Validator Node:
- Blockdaemon offers a service allowing individuals to run their own Solana validator nodes and white-label them. White-labeling refers to the ability to brand the validator node with your own name.
- The white-label validator nodes are non-custodial, emphasizing the importance of keeping private keys secure.
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Node Performance:
- Blockdaemon claims to have market-leading node performance, tailored to meet the high demands of large institutional banks, custodians, and exchanges.
- The nodes are fully maintained and monitored, ensuring a 99.9% uptime, with manual-failover built-in to prevent double-signing.
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Risk Mitigation and Insurance:
- To mitigate the risk of slashing (a penalty for malicious behavior on the blockchain), Blockdaemon has established slashing insurance provided by Marsh.
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Solana Staking Tools:
- The Staking Dashboard provides a high-level overview of staking activity, including rewards received, account address, principal, and reward amounts converted to USD.
- For more comprehensive analysis, users can download a Staking Report containing validator address, principal staked, crypto token, time period, and ending validator balance.
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Public Solana Validator:
- Users who want to test Blockdaemon's node performance before investing or lack the minimum SOL tokens to run their own validator can consider delegating to a Blockdaemon public validator.
-
Staking API:
- Blockdaemon offers a Staking API to simplify the Solana staking experience. This API allows for efficient and cost-effective staking through a single integration with automated transaction creation.
- The Staking API is designed to remove institutional Solana staking challenges and facilitate connection to the blockchain economy.
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SOL Reporting API:
- Complementing the Staking API, Blockdaemon provides a SOL Reporting API, which likely offers additional tools and information for reporting purposes.
In summary, Blockdaemon's offerings, as outlined in the article, cover a comprehensive suite of services ranging from white-label validator nodes to staking tools and APIs. These services are targeted not only at individual enthusiasts but also at large institutional players in the blockchain space.
FAQs
How to run a Solana RPC Node
- Prepare machine with proper CPU, RAM, disk, network specs. ...
- Partition and mount disks for ledger, accounts, and OS.
- Create a new user for the node.
- Install Solana binaries and create a keypair.
- Run system tuner and create a startup script.
- Set up a system service for the node.
The current estimated reward rate of Solana is 5.05%. This means that, on average, stakers of Solana are earning about 5.05% if they hold an asset for 365 days. The reward rate has not changed over the last 24 hours. 30 days ago, the reward rate for Solana was 5.18%.
What is the risk of staking Sol? ›
This can be risky if the price of SOL drops significantly during this time and you are unable to sell. Solana's staking mechanism includes incentives for validators to act honestly and efficiently but also penalties (like slashing) for misbehavior or poor performance.
Can I lose my staked Solana? ›
Yes, you can lose your staked Solana through a process called slashing, in which a portion of the stake can be removed and destroyed in response to malicious behaviour. This means there is a risk of losing your tokens if the validator you delegate to acts maliciously.
Can you make money running a Solana node? ›
Validators earn from rewards generated by their stake. They also earn from commissions or fees that they charge on the rewards of those who delegate their tokens to their node. The actual commission charged is dependent on the validator but falls into a range of 0–10% of the stake rewards.
How much does it cost to run a Solana validator node? ›
Solana validator servers cost about $350-$700 USD per month to run (let's take $4,500/year as an estimate), and assuming about 2–3 SOL in voting costs per epoch (~2 to 3 days), this amounts to about $45,000-$68,000 USD per year.
How much Solana do you need to run a node? ›
Minimum SOL requirements
Running a Solana validator doesn't require a strict initial SOL investment. However, to participate in consensus and earn rewards, you'll need a vote account with a minimum balance of 0.02685864 SOL to cover rent exemption.
Is it worth staking sol? ›
Solana (SOL) is a high-performance blockchain network known for its lightning-fast transaction speeds and potential to scale for mass adoption. Staking Solana involves delegating your SOL tokens to a validator, which helps secure the network and offers the potential to earn rewards.
Where is the safest place to stake Solana? ›
Quick look: The 5 best places to stake Solana
- Phantom: Best overall
- Solflare: Best Phantom alternative.
- Coinbase: Best centralized exchange for staking SOL.
- Jito Networks: Best liquid staking solution for SOL.
- BlazeStake: Best multi-validator staking.
- Reward rate: Varies based on the validator selected. ...
- Reward rate: 7.11%
Delegating your tokens to a validator does NOT give the validator ownership or control over your tokens. At all times, you still control all your staked tokens that you may have chosen to delegate.
The offline storage of private keys, combined with the user-friendly Ledger Live app, makes staking ETH, SOL, and other supported assets secure and straightforward. For those looking to stake their crypto assets with peace of mind, Ledger provides a reliable and trusted solution.
How long do you have to stake Sol for? ›
There is no lock up period on Solana staking. You can stake and unstake at any time. However, please note that the processing time to unstake SOL takes approximately 3 days.
Why can't i unstake Solana? ›
You might come across a 'Sorry, internet seems to be down', 'Sorry, insufficient funds' or 'A network error occurred' error message when attempting to unstake or withdraw an inactive SOL stake. This can happen if your Available balance doesn't have sufficient SOL to cover the transaction fee.
Where to stake sol for airdrops? ›
- Step 1: Stake SOL on Solblaze for bSOL and for a Stake City airdrop.
- Step 2a: Lend bSOL on marginfi and/or lend bSOL on Kamino (see step 2b)
- Step 3: Borrow SOL on marginfi and/or borrow SOL on Kamino (see step 3c)
- Step 2b: Lend bSOL on Kamino Finance.
- Step 3c: Borrow SOL on Kamino Finance.
Staking is a way to earn rewards (cryptocurrency) while helping strengthen the security of the blockchain network. You can unstake your crypto at any time, and your crypto is always yours.
What does it take to run a Solana node? ›
Solana Node Requirements
12-core CPU with 2.8GHz clock speed minimum. 128/256GB of RAM (RPC nodes might require more for custom database indices) 2-4 NVME drives of at least 1TB. 10 Gbps Network.
How do I deploy a program on Solana? ›
Deploy a Solana Program with the CLI
- Initialize a program account.
- Upload the program's shared object (the program binary . so ) to the program account's data buffer.
- (optional) Verify the uploaded program.
- Finalize the program by marking the program account executable.
Once you have logged on to the web app, click the Deploy a Node button in the middle of the Overview screen. The Deploy a Node area is your blockchain storefront. Here, you will find a full suite of Blockdaemon-hosted protocols.
