[Notice] Stakehouse Withdrawals & Common Interest Protocol Upgrade (Mainnet)
Stakehouse serves as a specialized operating system designed for Ethereum (ETH) staking. It is fully immutable, the system is self-sufficient, and does not require any external management or impose limitations on deposits or withdrawals.
Stakehouse operates independently of any external dependencies to reconcile the staked ETH balances of validators on the consensus layer with their corresponding tokenized stake representations on the execution layer. This ensures seamless operation and balance tracking.
Applications that integrate with Stakehouse, such as LSD Networks, leverage its features to provide uninterrupted, 24/7 service on their respective LSD networks. The entire protocol is built on smart contracts and deployed on the Ethereum Virtual Machine (EVM), making it resistant to third-party intervention at any stage.
The deployment of withdrawals to Mainnet completes the staking circuit for Stakehouse. It marks the completion of Stakehouse protocol allowing for 100% permissionless movement of ETH by users.
A few key links are below for Stakehouse Withdrawals.
Withdrawals Technical Walkthrough
LSD Network Node Operator Withdrawal Guide
Protected Staker Withdrawal Guide
The Common Interest Protocol (CIP) is a Multi-Party Computation (MPC) protocol based on Distributed Key Generation (DKG). It assists Stakehouse validator node operators by providing an on-chain backup for their signing keys, enabling recovery at any time to address unexpected network or node issues. This feature is also utilized by the LSD Network at the application level to execute exit operations from smart contracts and initiate withdrawals for its Liquidity Providers (LP) holders.
We have enhanced the MPC cryptography to improve both security and robustness, specifically focusing on Distributed Key Generation (DKG) and decryption capabilities, as outlined below.
- Enhanced Diffie-Hellman key exchange to optimize encryption, decryption, and key recovery aggregation processes for stronger cryptographic security.
- Refined the formation and verification of Non-Interactive Zero-Knowledge (NIZK) proofs.
- Incorporated hash-to-curve support for more secure Distributed Key Generation (DKG) parameter initialization.
To learn more about the Stakehosue - Common Interest Protocol please read: techincal position paper.