EigenLayer enhances EigenDA security to counter Sybil and DDoS attacks
Share link:In this post: EigenLayer introduced a whitelist security measure for its EigenDA data availability services. The new security system will combat Distributed Denial of Service (DDoS) and Sybil attacks. EigenLayer is working to implement a permissionless payment on EigenDA.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consulta
EigenLayer has introduced a whitelist security measure for its EigenDA data availability on the Ethereum mainnet. The new feature will help combat Sybil and DDoS attacks. The EigenLayer Foundation is also working on the second phase of the EIGEN token stake, a significant step in the project’s token distribution plan.
Also read: Update! EIGEN Foundation makes new announcements on EIGEN Stakedrop .
The enhanced EigenDA security feature uses the Ethereum elliptic curve digital signature algorithm (ECDSA) to secure service access and improve protection. ECDSA authentication is a cryptographic method that verifies user identity. ECDSA works on the principles of public-key cryptography and ensures secure authentication using elliptic curve cryptography. According to the Eigen team, EigenDA can also use the Internet address protocol to provide secure access to the service.
EigenLayer unveils new security feature
As per the announcement, EigenLayer’s additional advanced security feature will enable it to secure the services it provides and guarantee availability to all its clients. The Eigen team also stated that EigenDA’s free tier offers a throughput of 768kbs every ten minutes, surpassing the busiest rollups on the Ethereum blockchain. For example, the Base L-2 on Ethereum uses less than two blobs per 10-minute window.
“The free permissionless tier is currently 6 blobs of 128KB per batch, for a total of 768KB every 10 minutes, though partners may work with us to request more.”
– EigenDA
EigenLayer suggested that interested parties collaborate with EigenDA to develop solutions for their data needs. They further explained that the collaboration would support multiple innovations and applications that require high-throughput capabilities. According to EigenLayer, EigenDA produces synthetic loads of 0.6 mbs/second and achieves peak throughput of up to ten megabytes per second on the mainnet. In their post on X, EigenLayer clarified that EigenDA usage is now free for rollups on the mainnet.
EigenLayer explains EIGEN token distribution
The Eigen team completed the second phase of the EIGEN token airdrop in May this year, ending the first season. The team distributed 113 million EIGEN tokens, which amounted to 6.7% of the assigned supply for airdrops. Once claimed, EigenLayer temporarily locked all token transfers until the end of the third quarter of 2024.
Still, the EigenLayer team allowed users to engage in delegation activities and staking with EigenDA operators through the platform’s web portal during the time. The platform reportedly allows partners to request advanced throughput beyond the standard free tier.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Telegram May Face India Ban After Hacker Exploits Chatbots to Leak Insurer Data
Celestia Price Prediction in 2024: October November December, GoodEgg Remains Dominate Altcoin