Identification
Long Island Blockchain is a community-driven blockchain infrastructure provider based in New York, founded in 2016 as a Meetup group. We are NOT affiliated with the Long Island Iced Tea company that rebranded as “Long Blockchain Corp” - we are an independent operator focused on Ethereum validation and staking infrastructure.
Our two-person team currently manages over 10,000 ETH across multiple staking platforms including Rocket Pool, Lido CSM, Obol DVT clusters, and native validator offerings. Our validators have been ranked by Rated in the top 10% for performance with zero slashing events across our entire operational history.
We were participants in one of the first openly community-sourced Obol DVT clusters on mainnet in 2023 (see announcement), operating as part of a 10-wallet cluster. This experience demonstrates our commitment to decentralization technologies and our ability to operate in distributed validator environments.
We serve both retail and institutional investors, with our current client base including family offices and individual stakers who value professional infrastructure management with a community-focused approach.
Business Case
We plan to operate a straightforward staking strategy for our stVault, focusing on secure and reliable performance. Our vault is already live on mainnet at address 0xd402937b3ff3c187f727c1146a9e846275e9f711 and will begin with approximately 2,500 ETH from an existing family office client.
We expect ETH inflow from three main segments:
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Institutional clients: We currently serve family offices and institutional investors who require professional-grade infrastructure with proven track records. These relationships provide a foundation for steady growth.
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Retail users: Since our origins as a Meetup group in 2016, we have maintained strong community connections. We will leverage our existing network and educational content to attract individual stakers looking for transparent, community-oriented operators.
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Strategic partnerships: We plan to expand through partnerships with DeFi protocols and integration opportunities within the broader Ethereum ecosystem.
Our near-term plan involves upgrading our vault to utilize DVT technology, building on our existing mainnet DVT experience. This will enhance our infrastructure resilience and align with Lido’s vision for distributed validation.
Operations and Decentralization
Our operational model prioritizes security, redundancy, and decentralization. With over 10,000 ETH under management and top 10% performance rankings from Rated, we have demonstrated our ability to maintain high-quality validator operations.
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Client diversity: We run Nethermind for execution and Lighthouse for consensus, providing diversity from the more common Geth/Prysm combinations. We continuously evaluate and test alternative clients to support network resilience.
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Infrastructure redundancy: Our primary infrastructure operates on bare metal servers at a data center we directly manage, with full redundancy stacks deployed on cloud infrastructure as backup. This hybrid approach provides both performance and resilience.
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Server geolocation diversity: Our infrastructure spans data center and cloud deployments, reducing single-point-of-failure risks while maintaining low latency.
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MEV posture: We utilize MEV-boost to optimize validator rewards while supporting network health and proposer fairness.
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DVT experience: We are active participants in Obol DVT on mainnet as part of a 10-wallet community cluster since 2023. We plan to transition our stVault to DVT operations as the next phase of our infrastructure evolution.
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Jurisdiction: Long Island Blockchain operates from New York, United States.
Links
Website: https://libc.fi
YouTube: https://www.youtube.com/@LongIslandBlockchain
LinkedIn (Team):
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Craig Rudes: https://www.linkedin.com/in/craigrudes/
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Nick Selvaggio: https://www.linkedin.com/in/nickgs/
Contact: [email protected] / [email protected]