EigenLayer has introduced an extra security measure for its EigenDA data availability service on the Ethereum mainnet to prevent Sybil and distributed denial of service attacks.
In an announcement by EigenDA, the whitelist security measure utilizes an internet protocol address or Ethereum’s elliptic curve digital signature algorithm (ECDSA) authentication to provide enhanced protection and secure access to the service.
The ECDSA authentication is a cryptographic method that verifies the identity of a user, device, or system. It relies on the principles of public-key cryptography and uses elliptic curve cryptography to ensure secure authentication.
With this additional security feature, EigenLayer aims to safeguard the service it provides while ensuring its availability to all clients.
EigenDA’s free tier offers a throughput of up to 768 kilobytes per 10-minute window, far exceeding the needs of even the busiest rollups on Ethereum. For example, Base utilizes fewer than two blobs every 10 minutes.
In addition, EigenDA allows partners to request increased throughput beyond the free tier, offering a flexible solution for high-demand use cases.
Through its partner registration page, interested parties can collaborate with EigenDA to customize solutions for their data needs, supporting a wide range of applications and innovations requiring high-throughput capabilities.
EigenDA generates synthetic loads of 0.6 megabytes per second and achieves peak throughputs of up to 10 MB per second on the mainnet.
EigenLayer is also developing permissionless payments for blob throughput on EigenDA, which is set to be released by the end of 2024. This feature will enable users to reserve bandwidth at a fixed rate to support high throughput demands.
EigenLayer completed the second phase of its EIGEN token airdrop in May, marking the end of its Season 1 and contributing to the total distribution of 113 million EIGEN tokens, amounting to 6.7% of the allocated supply for airdrops.
Once claimed, tokens will be temporarily locked until the end of the third quarter of 2024, but users can still engage in staking and delegation activities with EigenDA operators through the EigenLayer web portal.
EigenLayer, which launched on the Ethereum mainnet in April 2024, has already accumulated more than $12 billion in deposits. The platform opens up new proof-of-stake projects by using a wider trust network, thus eliminating the need for separate security solutions.
EigenLayer strengthens security of EigenDA to counter Sybil attacks