Nethermind and EigenLayer team up to build on Ethereum restaking capabilities

The collaboration seeks to drive permissionless innovation within the blockchain ecosystem by combining their respective Ethereum infrastructure and restaking capabilities, according to a statement.

“Through strategic collaboration with EigenLayer, Nethermind will help design and explore what is possible to build with restaking on Ethereum and other chains,” Nethermind CEO Tomasz Stańczak said. “The Nethermind team, always caring about sustainability and security of the Ethereum protocol, is excited about the opportunity to ensure alignment of safety, censorship and attack-resistant chains and creativity when bringing restaking to the Ethereum ecosystem.

"The vision of EigenLayer is to empower protocols and developers with the ability to borrow the security guarantees of Ethereum,” Sreeram Kannan, the founder of EigenLayer developer EigenLabs, added. “Through our partnership with Nethermind, we are confident in realizing this vision and propelling unprecedented innovation within the blockchain space.”

Future initiatives include Nethermind's participation in the governance community multisig for EigenLayer’s core protocol, helping to distribute the decision-making process and encourage a more decentralized ecosystem.EigenLayer allows users to harness Ethereum's security and restake their already-staked ether or Ethereum liquid staking tokens — such as Lido’s stETH, Rocket Pool’s rETH and Coinbase’s cbETH — on other protocols.

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