Eigen Labs CEO says ‘critical milestone’ slashes scalability trade-off

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Eigen Labs CEO Sreeram Kannan told Cointelegraph that Eigenlayer’s upgrade allows decentralized services to person some Ethereum-grade information and scalability.

Eigen Labs CEO says ‘critical milestone’ slashes scalability trade-off

Eigenlayer has taken a measurement toward scaling decentralized infrastructure by rolling retired a multichain verification diagnostic that allows decentralized services to tally connected layer-2 networks portion retaining Ethereum-grade security. 

Last Thursday, Eigenlayer introduced a protocol diagnostic that lets Actively Validated Services (AVS) tally connected layer-2s successful summation to the Ethereum network. Eigen Labs launched the caller diagnostic connected the Sepolia Testnet connected the Base network.  

Eigen Labs laminitis and CEO Sreeram Kannan told Cointelegraph the update marks a “critical milestone” successful the company’s roadmap. He said that portion the diagnostic is launching connected Base Sepolia, they program to rotation it retired to further blockchains soon. 

“Base stood retired arsenic our archetypal spouse due to the fact that of its vibrant builder ecosystem and alignment with our ngo to accelerate the app layer,” helium said, adding that they are moving to enactment further chains and program to bring the diagnostic to mainnet environments successful the 3rd 4th of 2025. 

Eigen Labs CEO explains multichain imaginativeness for decentralized services

Kannan told Cointelegraph that the diagnostic allows EigenCloud to fulfill its ngo of scaling verifiable infrastructure everywhere. He said this requires AVS to conscionable developers crossed galore chains, not conscionable the Ethereum mainnet. 

“Until now, AVS had to take betwixt leveraging Ethereum’s information oregon scaling to faster, cheaper environments,” Kannan said. “With Multi-Chain Verification, they don’t person to marque a choice.”

The strategy ensures that AVSs deployed connected different blockchains inherit EigenLayer’s pooled security. Validator data, specified arsenic involvement weights, relation configurations and slashing penalties, is automatically synced crossed each supported chains.

Slashing refers to penalizing validators who enactment maliciously oregon misbehave, portion involvement weights notation to however overmuch crypto a validator has staked. 

Related: Vitalik Buterin proposes minimalism arsenic cardinal to layer-2 blockchain success

Blockchain networks propulsion infrastructure upgrades

Eigenlayer’s caller upgrade comes arsenic networks determination to heighten method capabilities.

On July 24, hybrid blockchain Build connected Bitcoin rolled retired a method upgrade that brings it person to getting a afloat decentralized people connected the L2Beat platform. The web implemented zero-knowledge (ZK) fraud proofs wrong an optimistic rollup framework. 

Meanwhile, the Ethereum Foundation acceptable a timeline for implementing zkEVM successful the mainnet wrong 1 year. On July 10, the instauration laid a way toward replacing accepted artifact execution with ZK-proofs. 

Magazine: What are autochthonal rollups? Full usher to Ethereum’s latest innovation

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