Know Your AVS!

Restaking with P2P.org: Know Your AVS

The latest development in the EigenLayer protocol has culminated with the launch of the EigenLayer Stage 2 mainnet. This phase marks the introduction of Operators, who assume responsibility for performing validation tasks for Actively Validated Services (AVS) built on the EigenLayer protocol. This pivotal step is a significant protocol evolution as Operators can now register to the network and begin validating for the AVSs. Restakers can delegate their stake to operators and start implementing the primary mission of EigenLayer.

EigenLayer paves the way for a thriving ecosystem of AVSs on the mainnet. To make your life easier, we prepared a short introduction to AVSs that went live recently. We support you in your restaking journey—that's what we do. Let's explore together.

Brevis Co-Chain

Smart contracts require quite a lot of computational resources to operate on-chain for data-driven or complex features. To access such features, users pay huge amounts of fees to Ethereum validators to execute the code of the smart contract.

To resolve that, Brevis migrates the heavy computation off-chain and allows smart contracts to access full historical on-chain data and run customizable computations in a trust-free manner using Zero-Knowledge Proofs. This has opened endless possibilities for data-driven features: DEXes are able to build VIP loyalty programs based on a user's past trading volume; active liquidity management protocols can trigger predefined user intents with ZK-verified on-chain states and events; AMMs can have strong LVR protection and more robust farming reward distribution programs; protocols can utilize multi-dimensional ZK-reputation metrics to segment users and provide a personalized UX based on an address's on-chain footprint.

Alongside the "pure-ZK" model, the new Brevis coChain AVS "optimistically" generates result proposals for coprocessing requests, which are subject to challenge by Zero-Knowledge fraud proofs. This will drastically reduce costs in cases where proposals are not challenged, while the baseline security is ensured by the overarching coChain Slashing Window, which accepts ZKPs to rectify invalid results.

More details: Blog
Social Media: Twitter

AltLayer

AltLayer offers products for rollups based on security from restaking (called restaked rollups). It consists of three integrated “layers”; rollups may choose to use all of them or some particular layer according to their needs.

VITAL—a decentralized verification network. It is used to verify rollup states—currently, this is done poorly or even in a centralized manner. It enhances the rollup's security properties.

MACH—speeds up the finality of the rollups via restaked security. It acts as a “pre-Ethereum” rollup state attestation and finalization layer, which is partially secured by Ethereum (restaked ETH). This is particularly needed for faster interoperability since assets cannot be transferred to another blockchain until the state is finalized. 

SQUAD—is decentralized sequencing (txs ordering or block building) for rollups. It provides censorship resistance and additional utility for rollup tokens (presumably through a dual-staking model).

More details: Blog
Social Media: Twitter

eOracle

Their design will revolutionize the Oracle space by extending Ethereum's core principles: permissionless participation, decentralized ownership, and crypto-economic security. They will establish the next-generation Oracle network via a credibly neutral marketplace for data and computation across all Ethereum rollups. eOracle is disrupting one of the industry's largest markets and one currently trending toward a monopoly. Designed as a modular and programmable data layer, eoracle is backed by restaked ETH and the decentralized network of Ethereum validators. eoracle is the Actively Validated Oracle built using EigenLayer and secured by Ethereum.

More details: Blog
Social Media: Twitter

WitnessChain

WitnessChain is the EigenLayer AVS for DePIN coordination. It is the first physical state consensus protocol that unifies a siloed DePIN economy. WitnessChain unlocks a shared economy of integrated physical assets, facilitating the exchange of resources like computing, networks, and more.

The Rollup Watchtower Network, which serves as WitnessChain’s in-house DePIN, is now live. This network is a first line of defense for rollups, ensuring that operators actively validate transactions on a Rollup and that any fraud is always detected. More than 17000 bounties have already been submitted for watching Optimism on testnet.

WitnessChain has a vibrant ecosystem of 20+ DePINs and rollups that will benefit from being validated for their state. This validation is provided by robust crypto-economic security and a strong ecosystem of EL Operators.

More details: Tweet
Social Media: Twitter

Lagrange

The Lagrange’s State Committee network is a ZK light client for optimistic rollups that settle on Ethereum, powered by Lagrange’s ZK Coprocessor.

By combining Lagrange State Committees with EigenLayer, we are creating a zone of shared security that any interoperability protocol or dApp can leverage without incurring high operational overhead. Compared to other cross-chain interoperability solutions, such as permissioned validation or bonded staking/slashing, which come with issues related to risk stacking, low latency, and price volatility, State Committees and restaking through EigenLayer offer an optimal balance of robust shared security, trust minimization, and decentralization along with cost efficiency.

More details: Medium
Social Media: Twitter

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