Ethereum Medalla Testnet with Rocketpool Beta [Chain Logs and Create Minipools]
Updated: Mar 20, 2021
Supporting Rocketpool with their Beta release of Ethereum Medalla testnet. Running their node 24/7 on my cloud server. Will support them till their Beta ends. Rocketpool will be a good option for those who don't have 32 Eth to run full node. Also Rocketpool will be better than staking on any exchange, where you don't hold your keys. Rocketpool is decentralized, non-custodial and trust less platform and you hold your own keys.
Server Details: 4 vCPU, 8gb memory, 160 gb SSD, Bandwidth 5 TB. Running on cloud server with 8 gb memory it is found that while synchronizing Eth2 chain gets hang sometimes, so needed restart. So minimum 16 gb ram recommended. CPU doesn't matter much but min 4 core CPU required. 8 core CPU recommended. As chains grows and so data storage. So minimum 1 TB SSD recommended. For details on required hardware specification visit www.beconcha.in.
Eth1 client used: Using Geth as Eth1 client but you can also choose Infura. Eth1 chain takes less time to get synchronize than Eth2 chain. Until and unless Eth1 chain gets synchronized you won't get wallet status. You can neither create new node wallet.
Eth2 client used: Using Lighthouse as Eth2 client but you can also choose Prysm. Lighthouse takes less time to get synchronize. More over Prysm gets hang more than Lighthouse while synchronizing. Rocketpool is supporting only Lighthouse and Prysm client right now. Teku and Nimbus client will be added in future. I will be using Lighthouse as Eth2 client on mainnet.
Feeling like a whale running 100 minipools with 16 Eth each. My node with 16 eth is paired with another 16 eth from the deposit pool thus forming a validators having 32 Eth. I wish I have at least 32 Eth to validate solo as a validator when Eth2 mainnet launches.
Although first phase of Ethereum 2.0 , phase 0 is scheduled to launch on December 1, Rocket pool will be on mainnet on first quarter of 2021.
Here are some pictures of my cloud server running Rocketpool's Beta Medalla testnet :
You can also see the youtube video here.