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Google Cloud confirms its participation in the EigenLayer test network
What is the re-pledge protocol EigenLayer?
Home web3.0 Google Cloud implements the Ethereum re-pledge protocol on the test network EigenLayer and participates in the Goerli node

Google Cloud implements the Ethereum re-pledge protocol on the test network EigenLayer and participates in the Goerli node

Jan 25, 2024 pm 01:48 PM
Blockchain Bitcoin Ethereum Virtual currency

Google Cloud加入以太坊再质押协议EigenLayer测试网、参与Goerli节点

Since this year, LSD has become one of the hottest areas in DeFi, and the one that has attracted much attention recently is the Ethereum re-pledge protocol "EigenLayer". The protocol launched the second phase testnet of EigenLayer and EigenDA in the middle of this month, which attracted the attention of many people.

With the launch of the second phase of the test network, operators will be able to register to the network and start validating EigenDA. Restakers can delegate their stakes to Operators and start using shared security with EigenDA.

As a Rollups developer, you can integrate EigenDA as a data availability layer.

Google Cloud confirms its participation in the EigenLayer test network

According to the latest report from Blockworks, a spokesperson for Eigen Labs revealed that Google Cloud has joined the EigenLayer operator working group, which includes more than 65 operators and independent players. Google Cloud will serve as a node operator and participate in the testing of the reset protocol on the Goerli test network.

When the node operation enters the main network, Google Cloud has not yet confirmed whether it will continue to serve as a node operator. EigenLayer expects to launch the second phase of its mainnet in the first half of 2024.

In response, the spokesperson said: They expect that Google Cloud will continue to provide support as the goal of the testnet is to prepare for the mainnet.

Google Cloud has been actively involved in the Web3 field since the establishment of the blockchain department in January 2022. Later in the same year, they released the blockchain node engine, aiming to provide developers with a more convenient blockchain network node operating environment.

In April 2023, Google Cloud launched a launch plan called Web3, which aims to promote the application of blockchain technology. In September this year, cross-chain protocol LayerZero joined the program and built Google Cloud into a default oracle for verifying cross-blockchain transactions.

What is the re-pledge protocol EigenLayer?

EigenLayer, launched in June this year, is a re-staking protocol that allows Ethereum nodes to re-stake their pledged ETH or LSD tokens into other protocols or services that require security and trust, thereby earning Dual benefits and governance rights.

At the same time, the effectiveness of the Ethereum consensus layer can also be transferred to various intermediary software, data availability layers, side chains and other protocols, allowing them to enjoy Ethereum-level security at a lower cost.

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