Market Data & Token Stats
| Fully Diluted Valuation | $395.74M |
|---|---|
| 24H Trading Volume | $17.49M |
| 24H Low / High | $0.2138 / $0.2216 |
| Circulating Supply | 738.87M |
| Total Supply | 1.82B |
| Max Supply | ∞ |
Market Health Signals
| Vol / MC Ratio | 10.88% High |
|---|---|
| Circulating Ratio | 40.64% Fair |
Key Project Information
| Categories | Artificial Intelligence (AI) 9 more |
|---|---|
| Founder | Anonymous |
| Website | eigenfoundation.org Whitepaper 2 more |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Basescan 3 more |
| Contracts |
0xec5....61f83
1 more
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
EigenCloud (prev. EigenLayer) (eigen) Expert User Reviews
Is EigenCloud (prev. EigenLayer) safe or a scam? Read verified Crypto OG reviews about EigenCloud (prev. EigenLayer)
$eigen Markets
| Name | Pair | OG Score |
|---|
About EigenCloud (prev. EigenLayer)
Eigenlayer (EIGEN) is a decentralized blockchain infrastructure designed to enhance security, scalability and flexibility within the Ethereum ecosystem. It aims to extend Ethereum's foundational security layer, providing a modular architecture that enables developers to customize the blockchain’s consensus, data availability and execution layers. By introducing a secure, customizable environment, Eigenlayer seeks to offer a solution for projects needing unique consensus mechanisms or specialized computational resources without compromising the security of the broader Ethereum network.
Project Overview
Eigenlayer’s primary innovation lies in its concept of "restaking." Restaking allows users to delegate their staked assets (such as ETH) from Ethereum onto Eigenlayer, essentially reusing Ethereum’s security guarantees. This design enables third-party developers to create specialized modules or decentralized applications that leverage Ethereum’s staked assets for enhanced security, while maintaining independence in their operational and technical requirements. In essence, Eigenlayer can act as a secondary security layer for projects, enabling them to deploy custom protocols or consensus models that might not be feasible on Ethereum's mainnet.
Eigenlayer’s modular approach also allows for flexibility in building blockchain applications. Developers can implement their own consensus models or modify the data availability layer, making Eigenlayer an attractive option for projects that require unique operational structures, such as decentralized oracles, bridges, or privacy-focused protocols. By providing a customizable, secure platform, Eigenlayer promotes innovation in decentralized applications and infrastructure, supporting a wide range of use cases.
Use Cases
Eigenlayer’s unique architecture and restaking model create diverse possibilities for blockchain projects and decentralized applications. Here are some primary use cases:
- Decentralized Oracles: Projects requiring accurate off-chain data can benefit from Eigenlayer’s flexible architecture, using the platform to deploy decentralized oracles with custom security and validation protocols.
- Cross-Chain Bridges: By restaking Ethereum assets on Eigenlayer, developers can build secure cross-chain bridges, enabling interoperability between Ethereum and other blockchains without compromising security.
- Data Availability Layers: Eigenlayer’s modular setup allows projects to create custom data availability solutions, providing decentralized and secure data access for applications such as social media platforms, gaming, or file-sharing protocols.
- Layer-2 Solutions: Developers can use Eigenlayer to experiment with unique Layer-2 rollups or sidechains, optimizing for speed, scalability, or transaction costs while retaining Ethereum’s security through restaking.
- Privacy-Focused Protocols: Privacy-centric applications can leverage Eigenlayer to create custom encryption and security models, supporting applications like private financial transactions, secure messaging, or identity verification.
Conclusion
Eigenlayer (EIGEN) offers a secure, adaptable blockchain infrastructure that empowers developers to build custom decentralized applications while utilizing Ethereum’s robust security layer. Through restaking, Eigenlayer enables modular development, supporting projects that require specific consensus mechanisms or unique data structures.
What is unique about EigenCloud (prev. EigenLayer) (EIGEN)?
Eigenlayer’s unique "restaking" model allows users to reuse Ethereum’s security guarantees, enabling developers to build custom modules and decentralized applications with independent consensus and data requirements.
Who are the founders of EigenCloud (prev. EigenLayer) (EIGEN)?
Information about the founders of Eigenlayer (EIGEN) has not been disclosed.
Where can I buy EigenCloud (prev. EigenLayer) (EIGEN)?
Coinbase, Binance, KrakenBitgetOKX
Information in this section carefully collected and curated from publicly available data from official sources, including the EigenCloud (prev. EigenLayer) Official Website, EigenCloud (prev. EigenLayer) Whitepaper and EigenCloud (prev. EigenLayer) X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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