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What are stake pools?

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A staking pool permits numerous users to combine their sources and take part in the protocol without the need of personally worrying about running and validating nodes. If you need to participate (delegate) within a staking pool then neither you demand any continual internet connection nor you need to monitor the token worth all the time. The stake pool node does all these jobs on your behalf. Get extra details about cardano staking pool

The stake pool is definitely the key element of your Cardano PoS protocol that represents the combined stake of pool customers as a whole and is accountable for processing transactions and creating new blocks. To retain security and network liveliness the protocol requires a adequate number of nodes to be online. And in return, the stake pool operators are rewarded with incentives.

Prerequisites for stake pool operators

The following issues are mandatorily needed to get a Cardano stake pool operator:

Expertise concerning the initial environment set up.

The node requirements to become active all the time i.e 24*7*365.

Need to have system operation expertise i.e in a position to run and keep Cardano node.

Knowledge regarding server maintenance and operation activities.

Experience of development and operations.

Familiarity with Prometheus or Grafana for alerts and monitoring, or some other monitoring framework of your decision.

Minimum requirements for operating a stake pool

Following hardware requirements are necessary:

4 GB of RAM

24 GB of hard disk space

a great network connection and about 1 GB of bandwidth per hour

a public IP4 address

Note that running a stake pool isn't majorly dependent on processor speed.