- EigenLayer’s new AVSs, including AltLayer, Brevis, Eoracle, Lagrange, WitnessChain, and Xterio, are designed to offer various functionalities that address diverse needs within the Ethereum ecosystem.
- These services aim to improve aspects such as rollup speed, real-world data integration, and efficient computational resources, thereby broadening Ethereum’s capabilities.
EigenLayer, a blockchain protocol focused on enhancing Ethereum’s capabilities, has rolled out six new actively validated services (AVS) with the phase 3 mainnet launch. These services aim to improve the Ethereum ecosystem by offering various functionalities such as faster rollups and the integration of real-world data into decentralized applications.
The new AVSs include AltLayer, Brevis, Eoracle, Lagrange, WitnessChain, and Xterio, each designed to address distinct needs within the Ethereum ecosystem. AltLayer’s MACH platform enhances rollup finality with confirmation speeds of under 10 seconds. Lagrange’s state committee provides light client functionality, facilitating secure and swift communication between optimistic rollups and other blockchains.
Eoracle, the first Ethereum-native oracle network developed on EigenLayer, allows decentralized applications to incorporate real-world data. Brevis, on the other hand, focuses on developing “coprocessors” on EigenLayer, offering efficient computational resources for operations that require stateless computations.
Restaking Protocol Secures Actively Validated Services
EigenLayer’s restaking protocol secures the new services by enabling users to use their staked ETH or a corresponding liquid staking token for restaking purposes. The protocol then allocates this ETH to secure third-party applications, expanding Ethereum’s security framework.
The launch of these services follows the recent introduction of EigenDA, EigenLayer’s data availability layer, and the onboarding of EigenLayer operators. EigenLayer is currently allowing the operator and AVS marketplace to develop and stabilize before introducing in-protocol payments and slashing later this year.
The total value locked in EigenLayer currently exceeds $15 billion, indicating significant adoption and confidence in the protocol’s ability to bolster the Ethereum ecosystem.
Expanding Ethereum’s Capabilities
EigenLayer’s launch of six actively validated services marks a significant step in expanding Ethereum’s capabilities. By providing a diverse range of services such as faster rollups, real-world data integration, and efficient computational resources, EigenLayer is enhancing the blockchain’s security framework and paving the way for future innovation and growth within the Ethereum ecosystem. With a total value locked exceeding $15 billion, EigenLayer is poised to make a lasting impact on the world of decentralized finance and blockchain technology.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
