mattcrypted
@mattcrypted
Sometimes, we wonder why crypto hasnโt dominated the web2 market after several years. To drive mainstream adoption, we need to build apps that arenโt limited to blockchain constraints. The desire to wipe these limitations and bridge the gap between web2 and web3 birthed EighenCloud.
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mattcrypted
@mattcrypted
@eigencloud started as a restaking platform that guaranteed cryptoeconomic security to decentralized services and data availability to L2s. We can call these decentralized services secured by Eigenlayer, Actively Validated Services(AVS). This novel approach made Ethereum faster, scalable, and reduced congestion on Ethereum. Eigenlayer has contributed immensely to the scalability of numerous AVS and L2s but it doesnโt end there.
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mattcrypted
@mattcrypted
If weโre the only enjoyoors, how do we expose a new set of users to a faster, scalable, and secure blockchain experience? Thatโs why EigenLayer got upgraded to EigenCloud. EigenCloud is the upgrade that allows developers to build apps on highly programmable offchain tools and bring them onchain. Now, you donโt necessarily have to cope with primitive blockchain features just because you want to build onchain.
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mattcrypted
@mattcrypted
๐ช ๐๐ผ๐ ๐ฑ๐ผ๐ฒ๐ ๐๐ต๐ถ๐ ๐ฎ๐ณ๐ณ๐ฒ๐ฐ๐ ๐ฐ๐ฟ๐๐ฝ๐๐ผโ๐ ๐บ๐ฎ๐ถ๐ป๐๐๐ฟ๐ฒ๐ฎ๐บ ๐ฎ๐ฑ๐ผ๐ฝ๐๐ถ๐ผ๐ป? It'll lead to an influx of web2 developers which leads to explosive growth. Why do I think so? Now, they can; โข Create complex apps and services not limited to VMs. โข Create offchain apps that are trustless and verifiable onchain. โข Infuse core web2 elements into web3. โข Access traditional APIs and build what they really want.
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mattcrypted
@mattcrypted
๐ช ๐ช๐ต๐ฎ๐ ๐ฎ๐ฟ๐ฒ ๐๐ต๐ฒ ๐ฏ๐๐ถ๐น๐ฑ๐ถ๐ป๐ด ๐ฏ๐น๐ผ๐ฐ๐ธ๐ ๐ผ๐ณ ๐๐ถ๐ด๐ฒ๐ป๐๐น๐ผ๐๐ฑ? โข ๐๐ถ๐ด๐ฒ๐ป๐๐ Iโll tell you how EigenDA works. With EigenDA, developers donโt have to rely on Ethereum L1 for data storage since the network is bloated. When they choose EigenDA, data is securely stored and distributed faster. They donโt need to commit additional capital because restaking guarantees network security.
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mattcrypted
@mattcrypted
โข ๐๐ถ๐ด๐ฒ๐ป๐ฉ๐ฒ๐ฟ๐ถ๐ณ๐ While building apps thatโll function onchain, developers will need to verify offchain computations. This is where EigenDA comes in. EigenDA, accumulate these offchain outputs then hand it over to EigenVerify. EigenVerify confirms the authenticity by re-execution or trained AI systems.
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mattcrypted
@mattcrypted
โข ๐๐ถ๐ด๐ฒ๐ป๐๐ผ๐บ๐ฝ๐๐๐ฒ Personally, Iโm very interested in EigenCompute mainnet launch. Itโs coming Q4 and itโs bringing cool features, like the ability to execute activities offchain within containerized environments. Itโs backed by cryptoeconomic security via restaking so defaulters are going to get slashed when they default.
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mattcrypted
@mattcrypted
EigenCloud infrastructure promises a brighter future ahead. A future where developers can efficiently build without boundaries, enjoy programmability and become the brains behind the next wave of super apps. When I learnt that @a16z bought $70M worth of $EIGEN, my confidence got stronger. The big brains are really showing conviction!
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