Key Takeaways:
- Infura Decentralizes Through EigenLayer: Infura announced its integration with EigenLayer’s restaking protocol as an Actively Validated Service (AVS), enhancing its Decentralized Infrastructure Network (DIN).
- Boost for Web3 Infrastructure: DIN’s integration as an AVS lowers costs, improves reliability, and scales blockchain infrastructure marketplaces by leveraging Ethereum’s security.
- EigenLayer Momentum: EigenLayer’s TVL surged 900% in 2024, reaching $13.4 billion, showcasing its growing impact on Ethereum’s decentralized ecosystem.
Infura, Consensys’ Ethereum validator node provider, has taken a major step toward decentralization with the announcement of its integration as an Actively Validated Service (AVS) on EigenLayer, Ethereum’s restaking platform.
Revealed at Devcon 2024 in Bangkok, this move enhances Infura’s Decentralized Infrastructure Network (DIN), a “Web3 app store” connecting developers to major blockchain networks like Ethereum, Mantle, Starknet, and BNB Smart Chain.
Infura ♾️ EIGEN
— Sreeram Kannan (@sreeramkannan) November 14, 2024
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This is huge!!!
Infura launching Decentralized Infrastructure Network on @eigenlayer processing 700 Billion requests a year!!!
This used to be the biggest complaint from Bitcoiners on Ethereum – RPC services are centralized.
Not anymore.
Ethereum… https://t.co/G6IJ6867Yk
DIN functions as a decentralized API marketplace aimed at reducing development costs, improving service reliability, and fostering collaboration among infrastructure providers.
Its integration with EigenLayer leverages Ethereum’s economic security while enabling permissionless infrastructure provisioning, ensuring greater scalability and cost-efficiency for Web3 services.
EigenLayer’s AVS mechanism secures off-chain operations through custom validation and offers additional staking rewards with slashing protection.
This collaboration supports DIN’s mission to create a decentralized Web3 infrastructure ecosystem by allowing seamless onboarding of participants without requiring token issuance.
EigenLayer’s rapid growth, with a 900% increase in total value locked (TVL) to $13.4 billion in 2024, underscores its rising prominence in the Ethereum ecosystem.
By combining DIN’s decentralized marketplace with EigenLayer’s robust infrastructure, Consensys is advancing a more accessible, scalable, and secure foundation for Web3 innovation.
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