eigenlayer

hello can someone explain eigenlayer to me?

Programmable slashing to keep your service honest

Memes

that's a question you should ask at /memes 😀

https://www.youtube.com/watch?v=iMFscq9Sxdk&t=33s

Platform to restake your eth to provide security to other apps / protocols for rewards 

Basically exporting eth security 

Also something about data availability but idk 🤷

stake your staked ETH to get a non-transferable airdrop

EigenLayer expands on ethereums cryptographic guarantees.
By having an external economic incentive layer, ethereum can securely service apps that require consensus around subjective faults that are not cryptographically provable. 
Eg. A data withholding attack

The EIGEN token is for settling “inter-subjective” matters 
These are not provable on chain
Eg. Who is the current Australian Prime Minister?

Pure economic security and insurance through Stakesure should be appealing to institutions that don’t trust blockchain systems
Eg. If this bridge takes my money, I’m compensated in full