EigenDA Supports Data Availability Solutions for Arbitrum Orbit

After the collaboration announcement on the morning of February 3rd, projects utilizing the Arbitrum Orbit toolkit will soon receive support from EigenDA's Data Availability service in the coming time.

Eigenda Supports Data Availability Solutions For Arbitrum Orbit_65d5e14d5b909.webp

According to EigenDA’s announcement, the platform will collaborate with Arbitrum to support and provide Data Availability for Arbitrum Orbit.

After integrating the Data Availability mechanism from EigenDA, transaction data on Layer-2 will be sent to the EigenDA-managed contract on Layer-1 (instead of the current simple calldata mechanism). This data will be restructured into blobs to save storage space while sending these “certificates” to Layer-2 to continue verification on Layer-1.

This approach will help Layer-2 (specifically Rollup) save verification costs, pushing transaction processing capabilities up by over 50 times.

At the time of writing, the integration of EigenDA with the Arbitrum Orbit toolkit is still undergoing testing on the Sepolia testnet.

EigenDA also mentioned that the current version has not integrated Fraud Proof and may require multiple updates in the future to add this verification mechanism to the solution.

Additionally, infrastructure from AltLayer is also involved in supporting the integration process to make it more seamless.

In December 2023, EigenLayer also announced a collaboration with AltLayer (a Rollup-as-a-Service provider) to develop the Restaked Rollup mechanism, addressing some current limitations such as Sequencer centralization, MEV, or finality speed.

Related: EigenLayer Increases Restaking Limit and Adds More Tokens

Earlier, EigenLayer also announced the integration of the EigenDA solution into the OP Stack toolkit (another counterpart to Arbitrum Orbit).

5.0/5

(100 votes)

Latest

Azcnews Xrp Poised To Surge To $1.96 Amid Positive Signals

News | Altcoin | Analytics | Editor Choice | Video

XRP Poised to Surge to $1.96 Amid Positive Signals

XRP has increased by 30% in just 2 days with positive news from Gary Gensler's resignation, causing excitement among investors. XRP price may increase sharply in the near future, reaching the $1.96 mark.

Azcnews Hbar Soars Over 100% In 7 Days Amid Positive News

News | Altcoin | Editor Choice

HBAR Soars Over 100% in 7 Days Amid Positive News

HBAR has surged more than 100% over the past 7 days, following positive news about BlackRock's money market fund (MMF) being deployed on Hedera's distributed ledger platform, as well as a partnership with SpaceX.

Bitwise Registers Solana Etf In Delaware

News | Altcoin | Policy & Regulations

Bitwise Registers Solana ETF in Delaware

Asset management firm Bitwise has just established a Solana ETF and registered it in the state of Delaware. The company will soon submit an official application to the SEC.

Azcnews What Caused Goat's Price To Drop 20% In Just 24 Hours

News | Altcoin | Editor Choice | Memecoin

What Caused GOAT’s Price to Drop 20% in Just 24 Hours?

The price of memecoin GOAT continues to plummet after reaching its peak, recording a drop of more than 20% in the past 24 hours, becoming one of the worst-performing coins on the market.

Azcnews Binance Launches Bfusd Stablecoin With Up To 19.55% Interest

News | Altcoin | Editor Choice | Policy & Regulations

Binance Launches BFUSD Stablecoin with Up to 19.55% Interest

Binance launches BFUSD, promising an attractive yield of 19.55% APY, although details on the source of the yield have not been released.