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Securing Middleware in the Crypto Industry
Middleware in the crypto industry, such as oracles and query layers, plays a crucial but vulnerable role between applications and low-level infrastructure. These components are not typically at a protocol level like L1 or L2 chains, yet are essential plumbing in the industry. Eigenlayer, a part of the shared security category along with Babylon and alt layer, offers a solution by allowing users to secure their assets like ETH or Bitcoin without needing to establish their own Proof of Stake network. Eigenlayer provides a trusted blockchain-level security for middleware applications, oracles, decentralized databases, and other components of decentralized applications.