TL;DR
- Whitelist Security Mechanism: EigenDA, developed by EigenLayer, now features a whitelist security mechanism on the Ethereum mainnet. This enhancement defends against Sybil and DDoS attacks, ensuring robust and reliable services for users.
- Impressive Free Tier Throughput: EigenDA’s free tier offers an impressive throughput of 768 KB every ten minutes. This surpasses other Ethereum rollup solutions.
- EIGEN Token Distribution and Future Plans: EigenLayer completed the second phase of its EIGEN token airdrop, distributing 113 million EIGEN tokens. The team aims to introduce a permissionless payment system for blob throughput by the end of 2024.
EigenLayer, a prominent player in the blockchain infrastructure space, has recently unveiled a groundbreaking security enhancement for its EigenDA data availability service on the Ethereum mainnet. This cutting-edge feature is designed to bolster security, thwart Sybil attacks, and guarantee uninterrupted service availability.
1/ EigenDA usage is currently free for rollups on mainnet. We welcome all rollups to post blobs to EigenDA on Ethereum mainnet.
In order to prevent Sybil/DDoS attacks with a free tier, we have implemented a whitelist with either IP or ETH address ECDSA authentication.
— EigenDA (@eigen_da) June 22, 2024
Additionally, EigenLayer is making significant strides in its token distribution plan through the second phase of its restaking token, EIGEN. EigenDA now leverages the Ethereum elliptic curve digital signature algorithm (ECDSA) to secure service access.
ECDSA is a robust cryptographic method that verifies user identity using public-key cryptography. By implementing ECDSA, EigenDA ensures secure authentication and protection against unauthorized access.
Moreover, EigenDA can also utilize the Internet address protocol, further enhancing security and providing a reliable gateway for users.
EigenDA’s Free Tier and Impressive Throughput
EigenLayer’s latest security feature extends to its free tier, allowing users to benefit from enhanced protection. EigenDA’s free tier offers an impressive throughput of 768 KBs every ten minutes, surpassing other rollup solutions on the Ethereum blockchain.
For context, the Base L-2 rollup typically uses less than two blobs per 10-minute window. According to EigenDA’s official statement: “The free permissionless tier currently supports 6 blobs of 128 KB per batch, totaling 768 KB every 10 minutes. Partners can collaborate with us to request additional capacity.”
Collaboration and High-Throughput Capabilities
EigenLayer encourages interested parties to collaborate with EigenDA to address their data needs. This collaboration fosters innovation and supports applications requiring high-throughput capabilities.
EigenDA consistently delivers outstanding results, managing artificial workloads of 0.6 MB/s and reaching a maximum throughput of ten megabytes per second on the Ethereum mainnet.
EIGEN Token Distribution and Future Plans
EigenLayer recently completed the second phase of its EIGEN token airdrop, distributing 113 million EIGEN tokens (equivalent to 6.7% of the assigned supply).
Token transfers remain temporarily locked until the end of Q3 2024. During this period, users can engage in delegation activities and staking with EigenDA operators via the platform’s web portal.
EigenLayer, with over twelve billion dollars in deposits, aims to eliminate the need for separate security solutions by leveraging wider trust networks.
The team is actively working on introducing a permissionless payment system for blob throughput, slated for launch by the end of 2024. Users will be able to reserve bandwidth at a fixed rate to support high-throughput demands.
EigenLayer’s Actively Validated Services (AVSs), spanning oracle, consensus, and data availability layers, play a crucial role in advancing blockchain infrastructure. The team has announced the start of phase two and promises further details on distribution soon.
In summary, EigenDA’s whitelist protection and commitment to high throughput position it as a valuable solution for Ethereum rollups, contributing to a more secure and efficient decentralized ecosystem.
