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Innovations in Crypto-Economics and AVS
This chapter examines the evolution of crypto-economic primitives that enhance blockchain efficiency, focusing on innovations such as Automated Validator Services (AVS) in Ethereum. It discusses the operational mechanics of AVS, highlighting how it can improve security and lower costs for decentralized applications. Additionally, the chapter emphasizes the shift towards a modular web infrastructure and the growing specialization of AVS offerings in the crypto ecosystem.