kladko

@kladko

Joined on May 11, 2023

  • Eigenlayer restaking protocol allows people to restake ETH to crypto networks, assuming the risk of slashing. The question is whether Eigenlayer can be useful to Proof of Stake networks like SKALE, and to which extent. As argued below, the answer may be yes, but in a resonably small way.A Proof of Stake network must have its own token to be economically viable. Restaking needs to be see as complementing and not competing with native staking. As argued bewlow restaking is a limited, but potentially useful option to attrack larger community. Point One: a Proof of Stake network needs its own token. When Satoshi Nakamoto introduced bitcoin, they introduced a viable economic model based inflation and transaction fees.
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  • Draft v1.5 Three challenges Levitation solves ZK-rollups (ZKRs) are Layer 2 solutions that use cutting edge mathematics of ZK proofs to execute and prove transactions in ZK-EVMs outside of Ethereum mainnet, and then post transaction data and ZK-proofs to the mainnet for verification. ZKRs inherit the full security guarantees of the mainnet. The purpose of Levitation protocol is to enable wide spread adoption of ZKRs by addressing the following challenges: Centralization: ZKRs presently running in production tend to be centralized. Fragmentation: there is a large number of actively developed ZKR projects. Dapps need a modular interoperability layer, where different ZKRs can run seamlessly.
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