A place for developers to talk about building on Farcaster.

/dev

Been diving into EigenLayer AVS lately, sharing my super general and practical understanding of what is it for:

* You have some task – like a piece of program, request, onchain action etc. It produces an output.
* You need to prove to a skeptical 2nd party that it’s correct and truly came from that task.
* Here comes a network of machines (AVS), that can re‑execute the task, confirm the result, and get paid for it.
* The 2nd party can cryptographically verify that machines really did this job.
* But what if some of these machines were malicious?
* That's staking comes in – machines put their money to join the network, earn rewards, but risk penalties for bad behavior.

EigenLayer essentially creates a marketplace for computational trust. But another practical question that comes up to me: what are the actual things you’d want to verify with this?

Building an AI x SocialFi app @reachbot /getreach | Open-source human-readable EVM data https://github.com/3loop/loop-decoder

"what are the actual things you’d want to verify with this?"

dangerous question

Yeah definitely.

I think low-hanging fruit = zk stuff like credit scores and then areas where orgs need to be held accountable for their metrics, i.e. non-profits reporting metrics, gov't spending, corporations to regulators/investors, etc.

Perhaps in crypto, instead of dune, protocols could report on their metrics this wya, etc

Yeah, could be 😃 but maybe there are also things we (or most people) don’t yet realize we need to verify in this way. Like with blockchain, most people didn’t know they needed a permissionless, global alternative to Visa