What is EigenLayer?

EigenLayer is a blockchain protocol built on Ethereum that introduces the concept of “restaking” to expand decentralized trust. It allows Ethereum stakers to reuse their staked ETH to secure and validate additional modules, creating a free-market system for shared security.

How It Works

• Restaking: Stakers can either run their own nodes or delegate to operators.

• Modules: EigenLayer supports different types of modules, from lightweight to large-scale, enabling diverse participation.

• Flexibility: Modules can tailor requirements based on stakers’ capacity and preferences.

Benefits

• Aggregated Security: Strengthens DApps by pooling Ethereum’s staked security.

• Innovation Hub: Serves as a testing ground for new Ethereum features like danksharding.

• Permissionless Development: Developers can build without creating separate trust networks, leveraging Ethereum’s decentralization.