#crypto #blockchain #ethereum
Can the massive economy and security that
Ethereum enjoys extend to other chains or
projects?
EigenLayer is a project that does exactly that.
Powered by the economic guarantees and security that the ETH token brings to Ethereum, liquid staked versions of ETH can be re-used to extend this security cover to those chains/projects outside Ethereum.
In this video, I explain the basics of EigenLayer and the concept of re-staking along with the risks that accompany re-staking.
Timestamp
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