Rocket Pool Whitepaper

Rocket Pool is a first of its kind, Ethereum proof of stake infrastructure service.

Individuals and businesses who want to earn interest on their ether over a fixed term can use Rocket Pool’s decentralised network of node operators to participate in staking. Businesses such as exchanges, staking pools, and wallets can easily provide customers with proof of stake services by leveraging Rocket Pool’s API and its unique decentralised network of node operators.

Rocket Pool’s unique decentralised staking infrastructure is both secure and scalable. It works by aligning the interests of two groups:

 Stakers – are individuals or users from API integrated businesses. They deposit ether which is automatically assigned to Node Operators for staking.

 Node Operators – maintain server infrastructure in the Rocket Pool network by running our smart node software with an Ethereum node client such as Parity or Geth. To be assigned staker deposits, a node operator must stake a matching amount of ether (which is staked fee-free). For providing the service, node operators can charge stakers a predetermined percentage of their interest earned while staking on their node, so they earn additional income & interest on their own ether.

Rocket Pool is composed of 3 primary elements; Smart Contracts, Smart Nodes, and Minipools. All three integrate to form an innovative global network that automatically scales using token incentives, reduces staking risk by spreading deposits across multiple nodes, and is highly distributed and decentralised.

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