Ethereum Proof of Stake for Eigen Layer for Restaking

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Restaking is the idea that the same stake used for securing the Ethereum proof of stake network can now be used to secure many other networks. In staking, what you do is you lock a bunch of stake and then you're saying, I'm going to validate the ETH blocks correctly as per the rules and the covenants let down in the protocol. That's the covenant that you're opting into when you're staking in a theorem. If you re-stick, you use the same stake in eigenlayer. You take the same stake. Now you not only add a covenant thatyou're going to validate Ether blocks correctly, but you add covenants thatI'm validating David

Is re-staking the biggest thing to happen to Ethereum since MEV?

We’re joined by Sreeram Kannan who walks us through Eigenlayer. The re-staking protocol that is set to change the trajectory of Ethereum forever. It may even be launching pretty soon…

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------ Topics Covered

0:00 Intro 7:51 How Big Is Restaking? 9:41 What is Restaking? 16:22 What Was The Aha Moment? 21:32 Restaking Explained (Simply) 25:11 Where Does Eigenlayer Live? 29:40 Slashing on Eigenlayer 42:20 Risks of Restaking 57:23 Restaking Networks 1:05:27 Designing Modular Trust 1:07:43 Eigen DA 1:10:35 The 3 Aspects Of Trust 1:14:18 Tokens On Eigenlayer 1:17:54 Why Start a Network on Eigenlayer? 1:24:22 2 Uses Of Economic Security 1:26:06 Eigenlayer Alignment 1:30:42 Restaking Risk Management 1:36:19 Takes on Vitalik's Post 1:46:55 When is Mainnet Launch? 1:49:59 How Will Restaking Change The World? 1:56:59 Outro

——— Resources:

Sreeram Kannan: https://twitter.com/sreeramkannan

Vitalik’s Article ‘Don’t Overload’: https://vitalik.ca/general/2023/05/21/dont_overload.html

Sapiens by Yuval Harari: https://www.amazon.com/Sapiens-Humankind-Yuval-Noah-Harari/dp/0062316095

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