EigenLayer’s Mainnet Attracts Coinbase and Google Cloud

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The latest launch of EigenLayer’s mainnet has attracted a lot of notice, drawing high-profile backers like Coinbase and Google Cloud as protocol operators. This news underscores the increasing buzz surrounding EigenLayer’s groundbreaking methodology in the realm of blockchain technology.

Coinbase Cloud is excited to be an early adopter of the EigenLayer protocol and looks forward to acting as a reliable intermediary for converting Ethereum (ETH) or Liquid Stake Tokens (LSTs) for users.

At @eigenlayer, operators are now active! Kudos to EigenLabs for igniting creativity with Ethereum‘s inaugural re-staking platform. Coinbase Cloud is thrilled to be among the initial operators, prepared to act as a reliable intermediary for your re-staked ETH or LSTs.— Coinbase Developer Platform (@CoinbaseDev) April 9, 2024

In a similar vein, since November 2022, Google Cloud has taken an active role in EigenLayer’s test network. More recently, they have set up an operator node on the mainnet. This action aligns with Google Cloud’s existing infrastructure offerings for web3 and blockchain, which encompass services such as hosting nodes and managing validators for various chains like Ethereum, Solana, and Aptos.

With the launch of EigenLayer’s mainnet and its data availability layer, EigenDA, stakers can now assign their stake to their chosen operator for management.

The participation of both Coinbase and Google Cloud as operators highlights the rising importance of EigenLayer’s protocol and the expanding use of blockchain technology by prominent tech firms.

In the ever-advancing blockchain world, EigenLayer’s capacity to bring on board prominent industry figures as operators strengthens its role as an intriguing contender within the sector.

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2024-04-10 13:56