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EigenLayer and LayerZero: Pioneering CryptoEconomic Decentralized Verifier Networks

Eigen Labs and LayerZero Labs have joined forces to introduce a groundbreaking framework for CryptoEconomic Decentralized Verifier Networks (DVNs). This innovative framework allows users to easily establish DVNs on EigenLayer, utilizing various tokens for staking. The collaboration aims to create a verifiable internet across blockchains, enhancing security through EigenLayer's re-staking model. The LayerZero Labs DVN, the first to implement this framework, is designed to offer robust economic security for message verification in applications. This partnership marks the beginning of a new era for omnichain verification, promoting transparency and encouraging the development of diverse applications within the blockchain ecosystem.

2024-10-03Read
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