Breaking Crypto News – Why is Essential for EigenDA Against Sybil Attacks?
Breaking Crypto News – To thwart distributed denial of service and Sybil attacks, EigenLayer has added an extra security measure to its EigenDA data availability service on the Ethereum mainnet. EigenDA’s X post states that in order to provide improved security and safe access to the service, the whitelist security feature either uses an IP address or Ethereum’s elliptic curve digital signature technique (ECDSA) authentication.
EigenLayer hopes to secure the service it provides while ensuring that it is accessible to all customers with the addition of this further security element. With a throughput of up to 768 kilobytes each 10-minute window, EigenDA’s free tier greatly exceeds the requirements of even the busiest Ethereum rollups.
EigenLayer’s Season 1 is Over
EigenLayer ended Season 1 in May by completing the second part of its EIGEN token airdrop, which contributed to the distribution of 113 million EIGEN tokens, or 6.7% of the total supply allotted for airdrops. Tokens will be frozen until the end of 2024’s third quarter after they are claimed. Nonetheless, the EigenLayer web interface still allows users to participate in staking and delegation actions with EigenDA operators.
FAQ
What is the Whitelist Principle?
Allowlisting, also known as whitelisting, bases access restrictions on the core ideas of “zero trust,” allowing access to an asset only from sources that have been expressly granted access.
What is the Elliptic Curve Digital Signature Algorithm (ECDSA)?
A cryptographic technique called ECDSA authentication is used to confirm the identification of a person, system, or device. To provide safe authentication, it makes use of elliptic curve cryptography, which is founded on the ideas of public-key cryptography.
What Do Rollups Do?
Developed to address the network’s scalability issues, rollups are an innovative Layer 2 scaling solution for Ethereum. Executing transactions off-chain and then posting the transaction data on-chain is the main concept underlying rollups.
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