{"id":171388,"date":"2024-09-12T15:59:28","date_gmt":"2024-09-12T15:59:28","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=171388"},"modified":"2024-09-12T15:59:32","modified_gmt":"2024-09-12T15:59:32","slug":"eigenlayer-introduces-novel-security-model-for-decentralized-services","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/eigenlayer-introduces-novel-security-model-for-decentralized-services\/","title":{"rendered":"EigenLayer Introduces Novel Security Model for Decentralized Services"},"content":{"rendered":"<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">TL;DR<\/span><\/span><\/strong><\/p>\n<ul style=\"text-align: justify\">\n<li><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">EigenLayer Multichain Expansion:<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> EigenLayer expands into a multichain ecosystem through a collaboration with Nuffle Labs.<\/span><\/span><\/li>\n<li><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Nuff Protocol:<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> The new protocol allows resttaking from native chains and receiving rewards directly on EigenLayer.<\/span><\/span><\/li>\n<li><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Improvements to Restaking Economy:<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> The Nuff Protocol eliminates risks associated with bridged assets and optimizes security costs, facilitating the development of AVS.<\/span><\/span><\/li>\n<\/ul>\n<hr \/>\n<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">EigenLayer is taking a significant step towards multichain expansion<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> through a strategic collaboration with <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Nuffle Labs,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> the team behind <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">NEAR DA<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> and the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Nuffle <\/span><\/span><\/strong> <strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Fast Finality Layer (NFFL).<\/span><\/span><\/strong><\/p>\n<p><!--more--><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This <\/span><\/span><a href=\"https:\/\/medium.com\/@a_27569\/nuffle-is-taking-eigenlayer-multichain-edb46cca1760\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">alliance<\/span><\/span><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> will introduce the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Nuff Protocol, a permissionless platform that represents an evolution of the USL<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We are extending <a href=\"https:\/\/twitter.com\/eigenlayer?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@EigenLayer<\/a> beyond <a href=\"https:\/\/twitter.com\/ethereum?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@Ethereum<\/a> L1.<\/p>\n<p>Restake from anywhere.<br \/>Reward from anywhere.<br \/>Accounting on <a href=\"https:\/\/twitter.com\/eigenlayer?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@EigenLayer<\/a>.<\/p>\n<p>We are building the Nuff Protocol,<br \/>The first universal restaking protocol.<\/p>\n<p>This brings fundamental benefits to the restaking market: <a href=\"https:\/\/t.co\/kwFaNxfX3B\" target=\"_blank\">pic.twitter.com\/kwFaNxfX3B<\/a><\/p>\n<p>&mdash; nuffle ( waff \/ le ) (@nufflelabs) <a href=\"https:\/\/twitter.com\/nufflelabs\/status\/1833943683357610358?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 11, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">With this integration, Autonomous Validation Services (AVS) will be able to leverage <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">crypto-economic security from any <\/span><\/span><a href=\"https:\/\/crypto-economy.com\/blockchain-technology\/\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">blockchain<\/span><\/span><\/a><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, while building on <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">EigenLayer\u2019s vibrant resttaking ecosystem.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This expansion seeks to offer <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">greater flexibility and security for market participants<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The Nuff Protocol will for the first time allow restakers to provide security and receive rewards directly from their native chains.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This represents a significant improvement in the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">economics of restaging by eliminating the risks associated with bridged assets<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, which often come with security issues and additional costs.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Furthermore, the integration of this protocol diversifies the assets available for price discovery, facilitating a <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">more dynamic and accessible market for participants<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">With the Nuff Protocol, EigenLayer not only democratizes the retaken security market<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, but also <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">optimizes security costs and simplifies the development process for AVS<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This approach will enable <strong>AVS<\/strong> <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">to reduce the barriers to entry in development<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> and access new functionalities that will improve their ability to compete and offer high-quality services.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The partnership with <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Nuffle Labs<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> promises <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">to strengthen EigenLayer\u2019s capabilities<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, expanding its influence and consolidating its position as the leading platform for resttaking.<\/span><\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-90354\" src=\"https:\/\/crypto-economy.com\/es\/\/wp-content\/uploads\/sites\/4\/2024\/09\/eigen.jpg\" alt=\"EigenLayer introduces a new security model for decentralized services\" width=\"825\" height=\"300\" \/><\/p>\n<h2><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Expansion and Future of the EigenLayer Ecosystem<\/span><\/span><\/h2>\n<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The collaboration between EigenLayer and Nuffle Labs is a significant advancement for the restake industry.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">By allowing <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">resttaking from any blockchain and receiving rewards directly on EigenLayer<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Nuff Protocol<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> opens up new possibilities for the market, making the process more accessible and less risky for participants.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This integration not only improves the security of the system, but also promotes <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">greater diversity of assets and prices<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">As these innovations are implemented, EigenLayer is expected to establish itself as a leader in the multichain ecosystem,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> leveraging its ability to integrate diverse chains and offer a robust platform for resttaking.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The ability to <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">simplify the development experience and reduce associated costs<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> is crucial to fostering further adoption and development in the <\/span><strong><a href=\"https:\/\/crypto-economy.com\/cryptocurrencies-from-a-to-d\/\"><span style=\"vertical-align: inherit\">crypto<\/span><\/a><\/strong><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> space.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The impact of this alliance will be considerable, as it facilitates the entry of new players into the market<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> and promotes a more competitive and dynamic environment.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">With the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Nuff Protocol, EigenLayer<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> and <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Nuffle Labs<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> are <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">laying the foundation for a new era in resttaking<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, where security, efficiency and accessibility are at the heart of innovation.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This evolution promises <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">to transform the resttaking landscape<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, driving new opportunities and strengthening the global crypto-economic infrastructure.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR EigenLayer Multichain Expansion: EigenLayer expands into a multichain ecosystem through a collaboration with Nuffle Labs. Nuff Protocol: The new protocol allows resttaking from native chains and receiving rewards directly on EigenLayer. Improvements to Restaking Economy: The Nuff Protocol eliminates risks associated with bridged assets and optimizes security costs, facilitating the development of AVS. EigenLayer &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"EigenLayer Introduces Novel Security Model for Decentralized Services\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/eigenlayer-introduces-novel-security-model-for-decentralized-services\/#more-171388\" aria-label=\"More on EigenLayer Introduces Novel Security Model for Decentralized Services\">Read more<\/a><\/p>\n","protected":false},"author":33,"featured_media":171390,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,74],"tags":[4620,4656,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/171388"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=171388"}],"version-history":[{"count":1,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/171388\/revisions"}],"predecessor-version":[{"id":171391,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/171388\/revisions\/171391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/171390"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=171388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=171388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=171388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}