The Block21 minutes ago

Published on November 17, 2023 13:51 GMT+00:00edited on November 17, 2023 13:54 GMT+00:00

Ethereum re-staking protocol EigenLayer outlined its schedule to initiate the second phase of its mainnet in the first half of 2024.

This phase is expected to permit users to delegate their staked ether to operators of the data availability solution EigenDA. The goal here is to let these operators contribute to the protocol’s security system and to allow rollups — secondary scaling solutions — to integrate it for scaling needs.

EigenLayer intends to use staked ether and other liquid staking tokens to secure additional blockchain and data scaling services such as EigenDA. The first phase of its mainnet was introduced in June.

Yesterday, EigenLayer activated this second phase on its test network to enable operator registration and commencement of EigenDA verification.

This step follows …