Build trust: In -depth analysis of the agreement and mechanism of Eigenlayer

Author: junjie Source: x,@yvonne19_1

In the past few days, I read the white paper in @eigenlayer. There are more than 40 pages of the booklet. There are geeks of engineering details and aesthetics of game design.

It has been a long time since I read the values, to the design architecture, and the implementation of the ground.Write my understanding and attract jade.

In a word, Eigenlayer is a publicly verified trust trading market that provides the ability to actively verify service nodes (AVS) to make the security consensus of Ethereum to the chain output.

Ethereum currently has 900,000 nodes, which is currently the safest network.butIf developers want to build their own network and have the security of nodes of Ethereum, at this time, they can buy this service through Eigenlayer, a anti -censorship security trust trading market.Node operators can get Restaked Rewards when they are serving other network operations, and if there is an error in the service process, the pledged Ethereum will be reduced.It can be said that with the EIGENLAYER layer of trust market, Ethereum is also more stable as an underlying asset with programmable trust.

The EIGENLAYER protocol is divided into four layers, the bottom layer is Ethereum, and then it takes the initiative to verify the service node.There are three roles, including pledges, consumers and developers.The pledged provider provides a standardized commodity (Ethereum) to earn re -pledges for active verification service nodes (AVS); developers build their own security services on Eigenlayer; consumers need to re -pledge Etherproject.At the top is the EIGENLAYER governance layer.Similar to the B -end products in SaaS, the B -side here is the application of purchasing security services to EIGENLAYER.

Since it is a trust in the market, the problem of differences is solved.The differences here are divided into two types: one is an objective and verifiable that is similar to the double flower; the other is the middle state between objective and subjective.The pledge of Ethereum solves the objective differences that can be verified on the Ethereum chain; the differences that cannot be resolved on the chain algorithm consensus, which is the subjective cause of the subjective cause of the subjects called Eigenlayer.To solve.

$ EIGEN also has a very dazzling explanation: working token as a general target.EIGEN needs the participation of human observation to solve the differences between subjective differences, and to form a trust complementarity with ETH, which solves objective differences.

Differences between subjective differences such as: what is the price of an asset; whether a data source is available; whether the inference of an AI program is reasonable, etc.These issues cannot be resolved by consensus on the chain. They need to be involved in human observer and decide on subjective judgment.

Under such a dual guarantee mechanism, if an objective failure occurs, ETH will be reduced; if subjective failures occur, EIGEN will be destroyed.The destruction of EIGEN is to occur through a bifurcation: if a controversy on a consensus on a chain can be submitted for a split proposal.

Two independent tokens (Beigen1 and Beigen2) will be created after a fork, and each token represents different decision paths.Token holders need to choose which path to support, and the selected version will lose value.BeiGen1 that proposes the side of the fork will be destroyed. Therefore, if the fork proposal is wrong with the fault, most of the verifiedrs agree with the Beigen1 on the original chain, then the proposal will lose the valuable Beigen1 on the original chain.If the fork proposal is correct, most verifieders agree with Beigen2 on the fork chain, then he will not lose any losses.This game mechanism guarantees that the proposal of the fork is not casual, not without consequences. It not only gives the possibility of achieving a better consensus through the fork, but also guarantees that the fork will not be easily proposed through economic losses.The fork is considered less at the design level, but the ability of the protocol has the ability of the fork to get the benefits that the verificationist attack protocol can be obtained.

At the same time, Eigenlayer created a isolation barrier between the DEFI use case and the EIGEN pledge case.This split isolation not only improves the efficiency of disputed handling, but also protects the rights and interests of users who do not participate in disputes.

After the distribution of $ EIGEN on May 10, it is temporarily locked. You can only choose to pledge the participation agreement governance.This step seems to be the deliberate intention of Eigenlayer: first tie your hands, educate the community, develop governance habits, pledge.Sreenam replenished the explanation on Twitter last night that the pledged EIGEN has the ability to attribute to

Safety charges, that is, re -assign the ability to be fined without assets in the incident of penalties.However, EIGEN’s subjective reduction is lower than the objective reduction risk of Ethereum, because in the EIGEN reduction incident, the EIGEN tokens of the non -fork proposal will not be reduced.

The EIGENLAYER model is the liquidity re -pledge protocol provides ETH liquidity, node operators provide hardware, and actively verify the service provider (AVS) to provide business logic.Among them, AVS determines the success of the agreement, after all, the connection terminal applies AVS.

The first batch of AVS on the main network is distributed in various tracks, including $ Alt ALTLAYER, which is served as a service, the prediction machine Eoracle, ZK collaboration processing Brevis and Lagrange, including DEPIN network Witness Chain, and L2 XTERIO that focuses on games.AVS can be regarded as “middleware”, not terminal products for users, but providing data and verification services for terminal products.

As A16Z said, “Ethereum unlocked the speed of innovation at the level of application logic by introducing smart contracts at the application logic level, and Eigenlayer was fascinated by further security and Ethereum virtual machines that the Ethereum virtual.Unlock 100 times innovation, such as consensus mechanism, new virtual machines, go to the central prophecy machine, bridge, specific hardware network “.

From Eigenlayer, we have seen the values ​​of decentralization, the clever consensus mechanism design, and the implementation of engineering aesthetics.

An experiment with enough change, unnecessary success or failure.

  • Related Posts

    A pre-provocative death: The money and human nature behind Jeffy’s fake death

    Jessy, bitchain vision Meme in the currency circle has released a new narrative: the death track. On May 6, an obituary of the death of Zerebro Jeffy Yu was released.…

    Binance removed from the shelves but soared. Alpaca dealer’s extreme trading

    Jessy, bitchain vision According to common sense, a token is removed from the exchange, which is a major negative news. However, this rule has not been perfectly reproduced on May…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    This time Ethereum retail investors defeated institutions

    • By jakiro
    • May 15, 2025
    • 0 views
    This time Ethereum retail investors defeated institutions

    Bankless: Rebuilding Ethereum’s product and currency circulation mechanism

    • By jakiro
    • May 15, 2025
    • 0 views
    Bankless: Rebuilding Ethereum’s product and currency circulation mechanism

    9 important investment experiences of Buffett

    • By jakiro
    • May 15, 2025
    • 4 views
    9 important investment experiences of Buffett

    Wall Street Journal: Why did Buffett retire?Who is the next successor?

    • By jakiro
    • May 15, 2025
    • 7 views
    Wall Street Journal: Why did Buffett retire?Who is the next successor?

    Fartcoin’s farts resounded through Wall Street

    • By jakiro
    • May 14, 2025
    • 8 views
    Fartcoin’s farts resounded through Wall Street

    Eight narrative directions and related projects worth paying attention to

    • By jakiro
    • May 14, 2025
    • 10 views
    Eight narrative directions and related projects worth paying attention to
    Home
    News
    School
    Search