With the launch of the stage 3 mainnet, EigenLayer has added six new actively validated services (AVSs) to its platform: AltLayer, Brevis, Eoracle, Lagrange, WitnessChain, and Xterio. These new AVSs expand the EigenLayer ecosystem beyond its initial service, EigenDA. All of these new services will be secured through the process of restaking.
In simpler terms, these AVSs (Application Verification Systems) offer diverse features to cater to various requirements within the Ethereum community. For instance, Lagrange and AltLayer focus on enhancing Ethereum rollups by supplying light client capabilities and quicker confirmation rates respectively. Meanwhile, Eoracle serves as the first oracle network specifically designed for Ethereum, built on EigenLayer, facilitating seamless integration into decentralized applications.
Brevis is developing “coprocessors” on EigenLayer, focusing on providing efficient computational resources for operations that require stateless computations. The introduction of these services follows the mainnet rollout of EigenLayer and its data availability layer, EigenDA, earlier this week.
Before implementing in-protocol payments and slashing on the mainnet later this year, EigenLayer had mentioned that it would first enable the operator and AVS marketplace to grow and become stable. Currently, the total value secured in EigenLayer is over $15 billion.
With this expansion, EigenLayer enters a new stage in its journey, as the introduction of these Advanced Verification Systems (AVSs) is anticipated to boost both the size and functionalities of the Ethereum network.
Read More
- ‘This Is Not A Show Where Necessarily The Best Dancer Wins.’ Cheryl Burke Admits She Would Have Preferred Season 33 Winner, And Never Have Truer Words Been Spoken
- Angus MacInnes, ‘Star Wars’ Actor, Dies at 77
- Deva: Shahid Kapoor starrer’s director Rosshan Andrrews reveals idea behind his character; ‘he has a ‘don’t care’ attitude
- Zendaya for Louis Vuitton x Murakami Campaign Surfaces Online
- ‘Mad: Max: Fury Road’ Will Land on Netflix at the End of December
- Bitcoin Mentions on X Grow by 65% Reaching 140M in 2024
- ‘Scream 7’ Officially Adds Courteney Cox as Gale Weathers
- Binance to Delist WRX Token, Causing 40% Crash in 1 Hour
- Marvel Rivals Best PC Settings
- POL PREDICTION. POL cryptocurrency
2024-04-12 16:36