How to set up a Cardano stake pool?

To set up a Cardano stake pool:

  1. Prepare at least two servers: One for the block-producing node and another for a relay node.
  2. Install the Cardano node software: Set up the software on both servers.
  3. Configure your nodes: Ensure proper networking and security settings are in place.
  4. Generate necessary keys: Create the payment, stake, VRF, KES, and operational certificate keys.
  5. Register your stake pool on-chain: Use the Cardano CLI to register, specifying pool metadata and performance parameters.
  6. Create a pool metadata JSON file: Host this file on a web server for access.
  7. Maintain and monitor your pool: Ensure high uptime and performance through regular checks.

Note: Running a stake pool requires technical expertise and ongoing maintenance.

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