Has anyone been reading up on EigenLayer? I want to be optimistic but it feels like a mistake given the current state of crypto with regulators. Any thoughts? 

https://mosaicnetwork.co/question/1687171119664x928665224380998900

Crypto payments for small businesses. Contributing to the mainstream use of crypto. @gogh
ongogh.com /shop-la

I still don’t understand the problem they’re solving

The only problem is externality pricing.

Building https://negationgame.com

From what I can tell, the use case that makes sense to me is to bootstrap your own POS network. A single Ethereum validator can validate transactions on multiple blockchains and use they ETH they staked as collateral for all of them. If they are validating Ethereum and XYZ, both would be able to slash the 32 ETH

Why do I want my own network? Lower transaction costs?

Ahh and lowers the network effects of any one chain. Cool

It’s for blockchain developers. Another layer 1 could join EiganLayer which would allow its users to secure that new L1 with funds the users already staked on Ethereum. So it doesn’t cost any more money to secure the new L1. It’s shared financial security across multiple chains.

I’d hypothetically run sets of merchants on their own networks if it improved throughout and managed operating costs better. Network token X would still need to exit to something like USDC to be useful in the end