Using Ethereum Nodes¶
You need an Ethereum node for strategies that trade on Ethereum-based decentralized exchanges, such as Radar Relay, Bamboo Relay, and Dolomite.
config ethereum_rpc_url to use your Ethereum node with Hummingbot.
Which Ethereum node would you like your client to connect to? >>>
Below, we list different ways that you can access an Ethereum node.
Option 1. Infura¶
Infura provides free and the most widely used Ethereum nodes.
- Sign up for an account on infura.io
- Click on Ethereum and Create a project.
- Name your project and click Create.
- In Keys section and under Endpoints you'll find your Ethereum node as shown in the highlighted area.
- The websocket address is below the Ethereum node that starts with
Option 2. Run your own local node¶
The most decentralized way to access an Ethereum node is to run your own node!
Running your own node may require dedicated storage and compute, as well as some technical skills. These are the two most widely used Ethereum clients:
These may require several hours to days to sync and may require some troubleshooting when first running.
Option 3. Dedicated blockchain hardware¶
Get dedicated hardware for your Ethereum node. Ethereum nodes are meant to run constantly 24/7 and use up a material amount of computational resources (CPU, RAM, and storage). For more serious users, it may make sense to use dedicated hardware.
- DAppNode is software that automates the installation and operation of Ethereum (as well as other blockchains) on dedicated hardware.it easier to start and operate an Ethereum node and can run other blockchains.