EigenLayer, one of the highly anticipated altcoin projects, announced its mainnet launch. At this point, Google Cloud’s launch of the altcoin EigenLayer mainnet node operator created excitement in the Web3 world.
Google joins EigenLayer
Google Cloud has achieved a significant milestone for its restaking protocol and ecosystem by launching the EigenLayer mainnet node operator. Sam Padilla, Web3 product manager and node operator at Google Cloud, announced that the company has successfully launched the EigenLayer mainnet operator on X (formerly Twitter). This step comes after Google Cloud previously joined EigenLayer’s “Operator Working Group” along with more than 65 other operators and solo stakers.
EigenLayer, a restaking protocol that allows simultaneous staking of ether (ETH) on multiple platforms, became available to stakers in June. However, operators that increase security and allow stakers to transfer assets have been on the testnet so far. The launch of Google Cloud’s mainnet operator represents an important step towards the full realization of EigenLayer’s vision.
Google Cloud’s involvement in the Web3 space will be announced by Alphabet Inc. in January 2022. It has been growing steadily since the establishment of its blockchain division, led by Shivakumar Venkataraman, vice president of engineering at Google. As we at Kriptokoin.com reported, the company has launched several initiatives, including the Blockchain Node Engine, a Web3 initiative program, and partnerships with protocols such as Polygon and LayerZero.
What awaits the altcoin project now?
As EigenLayer continues to evolve and attract more operators and stakers, the protocol aims to foster open innovation powered by Ethereum’s programmable security. The successful launch of Google Cloud’s mainnet operator represents a significant milestone in this journey and paves the way for further adoption and growth of the EigenLayer ecosystem. EigenLayer is an Ethereum restaking protocol that aims to allow startup blockchain protocols to borrow Ethereum’s security.
The platform allows users to take the ETH they have staked with Ethereum and “re-stake” it with a much larger pool of ETH than other users. This re-stake ETH is used to secure other networks called actively authenticated services (AVSs), which can be anything from blockchain bridges to exchanges or oracles. According to some, the project is expected to hold a token airdrop event in the near future, but the official statement did not include any new developments in this regard.
To be informed about the latest developments, follow us Twitter’in, Facebookin and InstagramFollow on . Telegram And YouTube Join our channel.