PANews reported on November 13th that EigenCloud, an Ethereum restaking platform, and LayerZero, a full-chain interoperability protocol, have jointly launched EigenZero. EigenZero is a decentralized verification network based on the CryptoEconomic DVN Framework, powered by EigenCloud's infrastructure and backed by approximately $5 million worth of ZRO tokens in staked assets, introducing economic penalties for cross-chain message verification. It employs the Optimism verification model, setting an 11-day challenge period under the assumption that messages are correct by default. If an error or malicious behavior is proven after final confirmation, the corresponding staked assets will be reduced, thus providing security guarantees for cross-chain applications.PANews reported on November 13th that EigenCloud, an Ethereum restaking platform, and LayerZero, a full-chain interoperability protocol, have jointly launched EigenZero. EigenZero is a decentralized verification network based on the CryptoEconomic DVN Framework, powered by EigenCloud's infrastructure and backed by approximately $5 million worth of ZRO tokens in staked assets, introducing economic penalties for cross-chain message verification. It employs the Optimism verification model, setting an 11-day challenge period under the assumption that messages are correct by default. If an error or malicious behavior is proven after final confirmation, the corresponding staked assets will be reduced, thus providing security guarantees for cross-chain applications.
EigenCloud and LayerZero collaborate to launch the cross-chain verification network EigenZero
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PANews reported on November 13th that EigenCloud, an Ethereum restaking platform, and LayerZero, a full-chain interoperability protocol, have jointly launched EigenZero. EigenZero is a decentralized verification network based on the CryptoEconomic DVN Framework, powered by EigenCloud's infrastructure and backed by approximately $5 million worth of ZRO tokens in staked assets, introducing economic penalties for cross-chain message verification. It employs the Optimism verification model, setting an 11-day challenge period under the assumption that messages are correct by default. If an error or malicious behavior is proven after final confirmation, the corresponding staked assets will be reduced, thus providing security guarantees for cross-chain applications.
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