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“One of many central bottlenecks to innovation in at the moment’s crypto ecosystem is the requirement for tasks to bootstrap belief, or cryptoeconomic safety,” mentioned EigenLabs founder and CEO Sreeram Kannan within the press launch. “We began engaged on EigenLayer within the hopes of making a brand new mannequin wherein builders can simply devour belief, as an alternative of needing to construct belief, and design highly effective programs of assurances that make the crypto ecosystem safer and extra helpful.” .
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