Aligned Layer

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Revision as of 02:15, 16 May 2024 by Grand Master Pepe (talk | contribs) (Created page with "AVS on EigenLayer [https://www.onchaintimes.com/p/the-eigenlayer-avs-landscape-10-protocols From] Onchain Times (10-5-2024): '''''"Aligned Layer''' is the first universal verification layer for Ethereum built on top of EigenLayer. In practice, rollups send their proofs to Aligned Layer instead of Ethereum. Aligned Layer verifies the proofs, aggregates them into one, and sends...")
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AVS on EigenLayer

From Onchain Times (10-5-2024):

"Aligned Layer is the first universal verification layer for Ethereum built on top of EigenLayer. In practice, rollups send their proofs to Aligned Layer instead of Ethereum. Aligned Layer verifies the proofs, aggregates them into one, and sends it to Ethereum. It's crucial to mention that it's not the proofs that are stored on Ethereum, but rather the results of the verification performed by Aligned Layer. This approach offers several advantages: it is cheaper, increases interoperability, and most importantly, it allows developers to use any proof system, even if it's not Ethereum-compatible. By accepting various proof systems, developers can now choose the one that best suits their needs in terms of speed, proof size, ease of development, and security considerations, without having to worry about Ethereum compatibility or cost. While the results of verification are posted to Ethereum, the actual proofs are posted to a DA Layer such as Celestia or eigenDA. Regarding Aligned Layer's use of EigenLayer, they will employ restaking to secure the entire verification process via a dual staking model with restaked ETH and a future governance token."