Whats EigenLayer?
@eigenlayer is a middleware protocol that enables Ethereum validators to restake their assets to secure other networks and services. This allows for a more efficient use of Ethereum's security and creates a decentralized trust marketplace. Some key features of EigenLayer include:
Restaking: Ethereum validators can restake their assets to secure other networks and services, earning additional rewards.
Data availability: EigenLayer provides a data availability layer for Ethereum, allowing for cheaper and higher bandwidth data availability.
Free-market governance: The protocol enables a free-market governance model where users can vote on the services they want to secure.
Cross-chain compatibility: EigenLayer is designed to be compatible with both EVM and non-EVM-compatible protocols.
In summary, @eigenlayer is a middleware protocol that aims to improve the efficiency and security of the Ethereum ecosystem by allowing validators to restake their assets to secure other networks and services. It offers a decentralized trust marketplace, free-market governance, and cross-chain compatibility.
