Phase two will check the EigenDA merchandise, AVS, hence permitting operators to contribute to the protocol’s protection technique and permitting rollups to integrate with EigenDA.
On the morning of November 17, 2023, EigenLayer – a answer for ETH holders who have staked and taken back this volume of coins – announced the launch of phase two of the testnet. Mainnet Phase two is anticipated to consider area in the initial half of 2024.
The target is to allow Operators (transaction validators, node operators) to contribute to the protection technique of the protocol and let rollups – secondary scaling remedies – to integrate with EigenDA for material scale-up demands.
Today we are quite enthusiastic to launch the Stage two testnet for EigenLayer and EigenDA, operator onboarding on EigenLayer and rollups on EigenDA.
This testnet introduces new functions for restakers, operators and developers. Find out how to use it right here: https://t.co/pUKuwpAU6C
— EigenLayer (@eigenlayer) November 16, 2023
During this time period, the EigenLayer restaging protocol will check the EigenDA and AVS items, by means of which restakers, operators and AVS developers will encounter the following functions:
- Restaker: You can delegate your staked assets to operators who give information availability remedies (Data availability)
- Operators: Registration can be carried out on the EigenLayer network through Operator CLI and participate in the EigenDA validation without having authorization: at this time only thirty authorized operators can participate in the EigenDA validation
- AVS Developers: You can examine AVS’ initial EigenDA testnet. Additionally, the undertaking has also designed an experimental AVS identified as Incredible Squareing, which consists of sample on-chain contracts and program to run off-chain nodes. Through this, developers can understand how to develop AVS.
- Rollup Developers: Already cYou can integrate EigenDA as a information availability layer. EigenDA aims to allow substantial-scale throughput use scenarios this kind of as substantial-frequency trading, social networks, gaming, and so on.
According to the previously announced strategy, EigenLayer will be launched in three phases:
– Phase one: Staker (the particular person who has blocked ETH participates in staking)
– Phase two: Operator (particular person who confirms the transaction, manages the node)
– Phase three: Service.
This is the 2nd testnet phase of EigenLayer, following the initial testnet in April 2023, which was deployed on the Goerli Ethereum network and only supported native staking and liquid staking. It is also the protocol’s hottest move just after implementing mainnet staking on Ethereum just after two months of phase one testnet.
EigenLayer is the initial staking platform on Ethereum. This answer enables men and women holding staked ETH to consider these coins back into a clever contract for reuse, guaranteeing protection for other protocols.
In March 2023, Eigen Labs, the unit behind the improvement of the EigenLayer protocol, finished a Series A funding round really worth $50 million with the participation of several investment money which includes Blockchain Capital, Coinbase Ventures, Polychain Capital, Hack VC and Electric Capital.
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