Imagine if Netflix, YouTube, and Twitch all shared the same cramped internet with one data storage provider with a limited bandwidth.
Chaos, right? That's blockchain's data traffic jam today.
In this article, @desh_saurabh takes a look at how @eigen_da and DA services are trying to smoothen the traffic flow.
Over time, the internet scaled by separating different functions. The Ethereum ecosystem is doing the same. While Ethereum did everything in the beginning, it has embraced the rollup-centric roadmap by separating key functions: Settlement, data availability (DA), and execution.
DA solutions ensure that the information required to validate and process transactions on a blockchain is accessible to all participants. EigenDA is the DA solution by EigenLayer as an actively validated service (AVS). It aims to stand out from the rest of the DA solutions in three critical ways:
1. Highest throughput in the category
It delivers at 15 MB/s, outpacing traditional solutions. For scale, Ethereum is at ~0.2 MB/s. It does so by separating DA from consensus.
2. Strong Trust Model
EigenDA employs a dual token model where operators have to stake ETH as well as EIGEN. This model allows EigenDA to deal with the infamous data withholding attack by forking EIGEN token to punish culprits instead of going to Ethereum every time a node doesn’t serve data. Going to Ethereum every time is cumbersome and expensive.
3. High customisability
It allows rollups to employ custom quorums where rollups can mandate rollup operators to force a different set of nodes (other than EigenDA) to verify data availability. EigenDA allows its customers to lock in rates for a specific bandwidth, unlike other DA solutions.
Read more about how it works and why it matters in our newsletter. Link in the next tweet.
Chaos, right? That's blockchain's data traffic jam today.
In this article, @desh_saurabh takes a look at how @eigen_da and DA services are trying to smoothen the traffic flow.
Over time, the internet scaled by separating different functions. The Ethereum ecosystem is doing the same. While Ethereum did everything in the beginning, it has embraced the rollup-centric roadmap by separating key functions: Settlement, data availability (DA), and execution.
DA solutions ensure that the information required to validate and process transactions on a blockchain is accessible to all participants. EigenDA is the DA solution by EigenLayer as an actively validated service (AVS). It aims to stand out from the rest of the DA solutions in three critical ways:
1. Highest throughput in the category
It delivers at 15 MB/s, outpacing traditional solutions. For scale, Ethereum is at ~0.2 MB/s. It does so by separating DA from consensus.
2. Strong Trust Model
EigenDA employs a dual token model where operators have to stake ETH as well as EIGEN. This model allows EigenDA to deal with the infamous data withholding attack by forking EIGEN token to punish culprits instead of going to Ethereum every time a node doesn’t serve data. Going to Ethereum every time is cumbersome and expensive.
3. High customisability
It allows rollups to employ custom quorums where rollups can mandate rollup operators to force a different set of nodes (other than EigenDA) to verify data availability. EigenDA allows its customers to lock in rates for a specific bandwidth, unlike other DA solutions.
Read more about how it works and why it matters in our newsletter. Link in the next tweet.
Link: dco.link/eigenda
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