EigenLayer’s EigenDA has announced a whitelist security solution to fight Sybil and DDoS attacks on Ethereum, ensuring secure, scalable data access.
EigenLayer has implemented a whitelist security measure for its EigenDA data-availability service on the Ethereum mainnet to protect against Sybil and DDoS attacks.
This security measure may involve the use of ECDSA authentication for either an Ethereum address or an IP address.
EigenDA Unveils Whitelist Security Against Sybil
EigenLayer has implemented a whitelist for its free data availability service, EigenDA, to mitigate potential security risks, including Sybil and DDoS attacks.
This measure utilizes ECDSA authentication with an IP address and/or Ethereum address to authenticate the user.
EigenLayer aims to ensure the availability of its service to all consumers while safeguarding it through the implementation of this security measure.
The current free tier has a throughput of up to 768KB per 10-minute interval, which is significantly higher than the current minimum requirement for the most occupied rollups on Ethereum.
For example, Base, a popular rollup, uses fewer than 2 blobs every 10 minutes; consequently, EigenDA’s free tier is more than sufficient for current needs.
Meanwhile, EigenDA also allows partners to request more throughput beyond the free tier.
The platform’s partner registration allows interested parties to collaborate closely with EigenDA to fulfill their data requirements.
It is possible to accommodate high-throughput use cases as a result of this flexibility, which supports a variety of applications and innovations.
EigenDA has been evaluated on the mainnet at peak throughputs of up to 10 MB/sec and generates synthetic loads of 0.6 MB/sec.
This high capacity makes EigenDA a suitable solution for Ethereum’s data availability requirements as it is scalable.
EIGEN Stake Drop and Ongoing Developments
EigenLayer is also in the process of implementing permissionless payments for blob throughput on EigenDA, which is anticipated to be released by the end of the year.
This feature will allow users to reserve bandwidth at a fixed rate to accommodate high throughput demands.
Additionally, the Eigen Foundation has initiated the second phase of the EIGEN stake drop, a significant milestone in the project’s token distribution strategy.
The initial phase of the initiative has distributed approximately 113 million EIGEN tokens to guarantee its ongoing development and to enhance its AVS.
Tokens will be non-transferable until the conclusion of Q3 2024, following their claim.
However, the EigenLayer web portal enables users to engage in staking and delegation to EigenDA operators.
At present, EigenDA is the sole AVS that employs an EIGEN quorum, and other AVSs will shortly adopt this system.
EigenLayer’s Security Contributions
EigenLayer, which was launched on the Ethereum mainnet in April 2024, has already amassed deposits exceeding $12 billion.
By employing a broader trust network, the platform eliminates the need for distinct security solutions, thereby enabling the development of new PoS projects.
The consensus layer, oracle layer, and data availability layer are among the application domains that EigenLayer supports through its AVSs.
EigenDA is a significant contributor to Ethereum’s scalability solutions due to the availability of EigenDA and the implementation of EigenLayer’s pooled security feature.
Furthermore, EigenDA intends to facilitate permissionless innovation within the Ethereum ecosystem as new features and developments arrive.
