EigenLayer improves EigenDA’s security in order to mitigate Sybil attacks

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In an effort to safeguard the service it provides and ensure its accessibility to all clients, EigenLayer has implemented an additional security feature.

In order to counter Sybil and distributed denial of service attacks, EigenLayer has added an extra layer of protection to its EigenDA data availability service on the Ethereum mainnet.

The whitelist security measure, as per an X post from EigenDA, ensures secure access to the service and enhanced protection by utilizing either Ethereum’s elliptic curve digital signature algorithm (ECDSA) authentication or an internet protocol address.

A cryptographic method for verifying the identity of a user, device, or system is ECDSA authentication. To guarantee secure authentication, it implements elliptic curve cryptography and adheres to the principles of public-key cryptography.

In an effort to safeguard the service it provides and ensure its accessibility to all clients, EigenLayer has implemented an additional security feature.

EigenDA’s free tier provides a throughput of up to 768 kilobytes per 10-minute interval, which vastly exceeds the requirements of even the busiest rollups on Ethereum. Base employs no more than two spheres every 10 minutes, for example.

Furthermore, EigenDA enables partners to request increased throughput beyond the free tier, thereby offering a versatile solution for high-demand use cases.

EigenDA’s partner registration page enables interested parties to collaborate with the company to develop customized solutions that meet their data requirements. This support is available for a diverse array of applications and innovations that necessitate high-throughput capabilities.

EigenDA obtains peak throughputs of up to 10 MB per second on the mainnet and generates synthetic loads of 0.6 megabytes per second.

EigenLayer is also in the process of integrating permissionless payments for blob throughput on EigenDA, which is anticipated to be released by the end of 2024. This feature will allow users to reserve bandwidth at a fixed rate in order to accommodate high throughput demands.

In May, EigenLayer concluded the second phase of its EIGEN token airdrop, which concluded Season 1 and contributed to the total distribution of 113 million EIGEN tokens, which accounted for 6.7% of the allocated supply for airdrops.

Once claimed, tokens will be temporarily inaccessible until the conclusion of the third quarter of 2024. Nevertheless, the EigenLayer web portal allows users to participate in staking and delegation activities with EigenDA operators.

Since its launch on the Ethereum mainnet in April 2024, EigenLayer has amassed deposits exceeding $12 billion. By employing a broader trust network, the platform eliminates the need for distinct security solutions, thereby enabling the development of new proof-of-stake projects.

Also Read: Binance assists in the investigation of the BtcTurk attack and has frozen $5.3M in “stolen funds”

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