Eigenlayer is a blockchain network that uses staked Ether (ETH) as its native coin. Users who have staked Ether on Ethereum can “restake” it to Eigenlayer and earn additional staking rewards by validating transactions on both networks. The developers claim that this solution is more secure than using a separate token, as it allows Eigenlayer to inherit the security of Ethereum instead of needing to build trust from the ground up.
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Source: Cryptocurrency - investing.com
