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Mytam.eth
@chanhday
The Infinite Bookshelf - EigenDA's Expandable Ethereum Archive DA solutions ensure that the information required to validate and process transactions on a blockchain is accessible to all participants. > This article takes a look at how EigenDA and DA services are trying to smoothen the traffic flow.
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Lam-May
@lammay
However, we soon realised that delegating these tasks was beneficial for everyone. This insight aligns with the economic principle of comparative advantage. It states that entities do not need to produce everything themselves. Instead, they can specialise in areas where they have a lower opportunity cost and engage in trade with others.
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Khế Ngọt
@khengot
Data Availability (DA) solution serves a similar purpose in crypto. It ensures that the information required to validate and process transactions on a blockchain is accessible to all participants. Without robust data availability, the integrity and functionality of blockchain networks—especially scaling solutions like rollups—could be severely compromised.
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Gacon
@gacon
Imagine it's the 1800s, and the Asiatic Society Library is among the very few—or perhaps the only—libraries in town. This library isn't just a repository of books. It is the central hub where every piece of information needed to keep the town running smoothly is stored. The library holds essential records like birth certificates and property deeds. It also contains valuable resources such as educational materials and cultural artefacts. The town could not lose access to these materials at any point. What would happen if the library were locked or vanished? It would wreak havoc across all municipal departments that rely on its information.
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Hejustin
@conmeo
I often visit the Starbucks in the Fort area of Mumbai. On my way, I pass by the famous Asiatic Society Library, which has been featured in movies and countless reels, I'm reminded of its enduring presence. I considered using a different analogy to explain data availability, but when something works so well, why change it?
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Nguyễn Phương Nhi
@beautiverse
In essence, attempting to produce everything incurs an opportunity cost—the resources and time dedicated to producing one good could instead be allocated to producing another.
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Matngot
@matngot
By focusing on their strengths and trading, all parties can achieve greater efficiency and mutual benefits without the burden of excelling in every area independently.
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Matngot
@matngot
Meanwhile, China has a comparative advantage in manufacturing consumer goods, like electronics and clothing, due to its lower labour costs. By focusing on producing what each country is relatively more efficient at, both countries benefit from trade by obtaining goods at a lower cost than if they tried producing them domestically
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Cây Thúi
@chicken
Similar to early internet businesses, blockchains initially handled everything: executing transactions, reaching consensus, storing data, and settling transactions. This approach posed problems for chains like Ethereum, which is relatively highly decentralised at the base level.
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Đà Nẵng
@chetruoi
This principle extends beyond nations and businesses to blockchain architectures as well. Just as countries specialise in particular industries or products, different components of a blockchain system can focus on specific functions. This specialisation leads to overall improved performance and efficiency within the ecosystem.
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iguverse
@iguverse.eth
Ethereum decided that separating execution from consensus and settlement was the best way to scale, putting the rollup-centric roadmap in the spotlight.
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Vien Tin
@vientin
Gradually, the idea of modularity gained traction. Modularity in blockchains refers to breaking down the blockchain's functions (like consensus, data availability, and execution) into separate, specialised layers or modules. This allows for greater flexibility, scalability, and efficiency by letting each layer focus on a specific task.
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Ca Non
@canon
Fee Predictability: Fees remain unpredictable due to Ethereum congestion.
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Gop
@guop
Ethereum addressed the problem with EIP-4844, introducing a separate space called blobs for L2s to store their data. Consequently, the cost dropped to 1.7k ETH the following month and to just over 100 ETH by August—a 99% reduction. So, is the cost issue for rollups solved? I wish it were that simple.
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Tuổi Trẻ Cười
@tuoitrecuoi
This combined approach can enhance security for systems that manage data ordering themselves. But it’s unnecessary for DA systems like EigenDA that work alongside Ethereum, which already handles data ordering or consensus. By removing the extra step of ordering, EigenDA becomes much faster and more efficient.
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Emmauel
@vinhtuong
Most current DA systems combine verifying that data is accessible with arranging the order of that data into a single, complex system. While attesting data can be done parallelly, reaching a consensus or ordering the data slows everything down
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@dtmyxuyenst
At 15 MB/s, EigenDA has the highest bandwidth among the ‘out-of-protocol’ DA services. Out-of-protocol implies that the DA service operates separately from the core blockchain. It achieves high throughput by separating consensus from DA, Erasure coding, and direct communication instead of peer-to-peer.
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Pravas
@khet
EigenDA is an Actively Validated Service (AVS) by EigenLayer on top of Ethereum. It means that EigenDA doesn’t work independently of Ethereum. If a developer wants to use a DA service without Ethereum in the mix, EigenDA is not the answer. It is distinguished by several key features that set it apart from other DA services.
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@bronu
EigenDA is an Actively Validated Service (AVS) by EigenLayer on top of Ethereum. It means that EigenDA doesn’t work independently of Ethereum. If a developer wants to use a DA service without Ethereum in the mix, EigenDA is not the answer. It is distinguished by several key features that set it apart from other DA services.
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85cent
@salonpas
By concentrating on data availability, these solutions can optimise performance and address the specific challenges that general-purpose blockchains struggle to manage effectively.
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