On April 9, the EigenLayer team announced that the platform’s EigenDA, the first Available Validator Service, had launched on the Ethereum mainnet.Moreover, restakers can now delegate their entire stake to an operator that has opted in to run available validator services like EigenDA.and other protocols. Platforms such as EigenLayer leverage Ethereum’s validators and staked tokens, enabling smaller and newer blockchains to benefit from its security and trust system.
Moreover, EigenDA provides hyper scalability, cost flexibility, and ease of integration for rollups. It aims to be the endgame solution for data availability on Ethereum.“Over the next few weeks, we expect high operator turnover in the top 200 active set as new operators, delegations, and AVSs come online.”
An AVS is essentially a middleware or service that runs on top of the EigenLayer protocol to provide specific functionality. AVSs act as a layer between Ethereum’s execution layer and the various rollups, blockchains, and networks built on top of the L1 network.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EigenLayer Restaking Protocol Goes Live on Ethereum MainnetEigenLayer, a restaking protocol with over $13 billion in assets, has launched on the Ethereum mainnet. However, some crucial features, such as in-protocol payments and slashing mechanisms, are still to be released later this year.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »