Liquid Stake with compassSOL for an 8.79% APY from staking, MEV + fees

Enjoy the freedom of liquid staking in Solana Defi while delegating your stake to the high performance Solana Compass validator. Stake or unstake at any time here, or with a Jupiter swap.

Benefit from our high staking returns and over 2 years experience operating a Solana validator, and receive additional yield from priority fees + MEV tips

Earn 7.2% APY staking with Solana Compass

Help decentralize and secure the Solana network delegating your stake to us and earn an impressive 7.2% APY yield on your SOL, while supporting us to create new guides and tools. Learn more

Stake your SOL

  1. Click to connect your wallet
  2. Enter the amount you wish to stake
  3. Kick back and enjoy your returns
  4. Unstake from your wallet or our staking dashboard

Earn 7.2% APY staking with Solana Compass

Help decentralize and secure the Solana network delegating your stake to us and earn an impressive 7.2% APY yield on your SOL, while supporting us to create new guides and tools.

Learn more

Breakpoint 2023: Solana and AWS

AWS announces infrastructure for running Solana nodes and focuses on cost optimization for blockchain applications.

The notes below are AI generated and may not be 100% accurate. Watch the video to be sure!

Summary

The recent announcement from AWS speaks volumes about the growing synergy between traditional cloud services and blockchain technology. Nikolay Vlasov, a Senior Solutions Architect from Amazon Web Services (AWS), outlines how AWS has expanded its advanced compute capabilities to support the needs of blockchain deployments, especially for clients using the high-performance Solana blockchain. This deep dive into AWS's role in fostering blockchain technology includes a look back at AWS's history, the integration options for Solana nodes on the platform, cost optimization strategies, and the global reach provided by the AWS infrastructure.

Key Points:

AWS History and Evolution

Amazon Web Services has been a front-runner in the cloud computing space since its inception, and Nikolay Vlasov from AWS highlights the company's beginnings and growth. In 2006, AWS launched the Amazon Elastic Compute Cloud, a significant two years before the inception of Bitcoin. Since then, AWS has seen tremendous growth, with over 30 billion instances launched, reaching 100 million instances per day. These staggering figures demonstrate the platform's capacity to scale and innovate to cater to an expanding array of workloads, including blockchain operations.

Running Solana Nodes on AWS

The collaboration between AWS and the Solana Foundation brings a tantalizing offer for developers: the ability to run Solana nodes in AWS. With an infrastructure as code application now open-source on AWS's blockchain node runners GitHub repository, developers have straightforward access to initiate a Solana node. The available configurations can satisfy different demands, from solo nodes for testing to high-availability nodes that utilize load balancing and auto-scaling, enhancing the resilience and efficiency of RPC nodes for application developers.

Cost-Optimization Practices

Amidst the growing demand for efficient blockchain operations, cost-efficiency has become a paramount consideration. AWS addresses this by advising on smart spending through the AWS Activate program and other cost-optimization tools. They focus on the right purchasing models, matching capacity with demand using AWS's suite of optimization services, and the crucial practice of engaging with the AWS account team for tailored advice. These strategies are particularly relevant for Solana node deployments, which can incur significant data transfer volumes.

Facts + Figures

  • AWS Elastic Compute Cloud was launched in August 2006, predating the Bitcoin paper by two years.
  • AWS has launched over 30 billion instances, with a current rate of 100 million instances per day.
  • An open-source code to launch Solana nodes on AWS is available on the AWS blockchain node runners GitHub repository.
  • AWS provides solo deployment for testing and high-availability nodes for application deployment.
  • High-availability nodes employ load balancing and auto-scaling for more robust application support.
  • Three configurations available for running Solana nodes: consensus, base RPC, and extended RPC.
  • AWS is exploring Graviton 3 instance types for running Solana nodes, which offer environmental and cost benefits.
  • Data transfer volumes can be significant, especially for consensus nodes.
  • Cost optimization in AWS includes right purchase models, matching capacity with demand, and consulting with AWS's account team.
  • AWS provides over 200 cloud services, with emphasis on compute, storage, security, and networking for web3 applications.
  • The AWS Activate program offers up to $25,000 to startups working with Solana ventures.

Top quotes

  • "We provide customers with tools and services to securely and reliably run virtually every workload."
  • "You can run a solo configuration or solo deployment with a single node."
  • "The infrastructure code application will provision things like the CloudWatch dashboard for you..."
  • "High-availability, you can basically spin up... multiple Solana nodes behind the load balancer that is exposed internally for your applications to use."
  • "Graviton processors are built for cloud native applications, and they are more cost effective usually than x86 machines."
  • "Cost optimization, as we define it, it's not only about spending less, it's also about spending smarter."
  • "We at AWS are really taking cost optimization seriously. Frugality is one of our core leadership principles."
  • "AWS has currently 32 regions which are distinct geographic locations, each of which is backed by at least three availability zones..."

Questions Answered

What is the significance of AWS's new service for Solana nodes?

AWS now offers infrastructure to run Solana blockchain nodes, providing a powerful boost to developers who wish to leverage the high-speed and efficiency of Solana in their applications. This service simplifies the process of setting up and maintaining blockchain infrastructure, making blockchain technology more accessible and integrated with traditional cloud services.

How does the AWS infrastructure support Solana nodes?

The AWS infrastructure provides both solo and high-availability configurations for running Solana nodes. Developers can quickly launch a node using the infrastructure as code application from the AWS blockchain node runners GitHub repository, and benefit from tools like CloudWatch for monitoring and auto-scaling features to ensure node uptime and efficiency.

Why should developers choose AWS for running blockchain nodes?

Developers might choose AWS for running blockchain nodes due to its robust infrastructural capabilities, integrated monitoring tools, high scalability, and the advanced security options tailored for cloud-native applications. Moreover, AWS's investment in cost optimization and resource management can provide a more economical and efficient solution for deploying blockchain technology.

How can developers optimize costs while running Solana nodes on AWS?

Developers can optimize costs through AWS by selecting the right purchase models, such as committing to one or three-year plans for better discounts, using services like AWS Compute Optimizer, which recommends the most efficient configurations, and by leveraging auto-scaling to adjust resources to actual demand. Additionally, working closely with the AWS account team can lead to personalized advice and potential savings.

What additional services does AWS provide that can be beneficial for web3 applications?

AWS offers a range of over 200 cloud services relevant to web3 applications, including a wide variety of storage options, key management and security services tailored for secure transactions, API management for SDPIs and GraphQL, networking solutions that can help with latency and cost, as well as development tools like AWS Amplify to streamline backend cloud service integration for web and mobile apps.