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EigenCloud Expands Multi-Chain Capabilities with Enhanced AVS Design
In a groundbreaking move, EigenCloud has announced the expansion of its capabilities to support multi-chain environments through the introduction of enhanced Autonomous Verifiable Services (AVS) design. This cutting-edge platform, built on the EigenLayer protocol, aims to provide unparalleled blockchain security and verifiability across various chains.
The rising complexity in the blockchain ecosystem, with diverse blockchains catering to distinct objectives such as performance, trading, or security, has led to increased fragmentation. In response, EigenCloud is delivering decentralized trust, enabling new protocols, applications, and rollups to leverage Ethereum’s cryptoeconomic security. This strategic move mitigates the need for individual networks to establish their own validator sets, thereby reducing the likelihood of security vulnerabilities.
AVS: A Game-Changer in Multi-Chain Solutions
The AVS framework on EigenCloud consists of both on-chain and off-chain components. The on-chain component includes smart contracts that manage operator registration, rewards, and slashing, while the off-chain component serves as a custom execution environment. This dual structure enables AVS to perform computations off-chain and verify them on-chain, ensuring utmost security and reliability.
The EigenCloud AVS design boasts three critical components for multi-chain environments:
1. Generation of EigenLayer State: Involves creating a stake table that represents the cryptoeconomic security available, detailing the stake allocated by operators to an AVS.
2. Stake Transportation: Utilizes methods like general message passing bridges or validity proofs to transport the state and utilize AVS security across chains.
3. Verification: Requires computation evidence to be expressible on Ethereum to enforce security, allowing for operator accountability.
EigenCloud’s AVS design incorporates innovative solutions, such as the Shared Sequencing AVS, where rollups delegate sequencing rights to a shared sequencer to achieve faster finality and interoperability. Additionally, EigenCloud supports a Cosmos Appchain AVS, enabling operators to delegate their stake to appchain validators. This approach leverages Cosmos’s Oracle Vote Extension for state transportation, integrating EigenLayer’s security into the Cosmos ecosystem.
The future of multi-chain applications
EigenCloud’s commitment to its vision of a unified blockchain environment emphasizes the importance of security and verifiability. With ongoing developments, including support for EVM environments, EigenCloud is poised to simplify multi-chain deployments for developers. Future releases, such as the DevKit framework and enhanced documentation, will empower developers to build secure, multi-chain applications on EigenCloud.
EigenCloud’s innovative approach has the potential to revolutionize the blockchain landscape by fostering a more cohesive ecosystem.
Source: Blockchain.News
