Lagrange Parallel Prover: nearly $2B of restaked security at launch
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Explains how EigenLayer lets Lagrange launch its decentralized parallel proving network with over 600k ETH (almost $2B) restaked, and how proving work is spread across thousands of restaked workers for faster proofs and lower fees.
Key claims
600k+ ETH (almost $2B) restaked into Lagrange's ZK AVS within a week of mainnet
Proving workloads spread across 1000s of restaked workers
This is what makes @eigencloud so powerful. ♾✨
It repurposes the existing Ethereum trust layer to allow anyone to bootstrap decentralized networks, crypto-economically secured by restaked capital.
This abstracts complexity as building up and maintaining a resilient decentralized network of nodes that is sufficiently staked is complex and costly.
@eigencloud changes this, giving rise to ground-breaking infrastructure building blocks like @lagrangedev's Parallel Prover.
The decentralized proving network is optimized for generating large scale batch storage, receipt or transactions proofs in a concurrent manner.
Built on @eigencloud, this means proving workloads can be distributed across 1000s of restaked workers at the same time, which results in faster proving times and lower fees for the end users.
The proving network is already secured with over 600k ETH or almost $2B USD, which is very hard to achieve in a pre @eigencloud world.
Thanks to restaking, that's the level of security that projects like @lagrangedev directly launch mainnet on.
A new paradigm of on-chain innovation. ♾✨
QUOTING @Ismael_H_R
The power of @eigencloud: - 1 week on Mainnet - $1.8 Billion (>600,000 ETH) restaked into @lagrangedev’s ZK AVS Thank you to our network of operators and restakers 🙏 Infinite sum games ♾️ t.co/gIUW3W4BN6
The power of @eigencloud: - 1 week on Mainnet - $1.8 Billion (>600,000 ETH) restaked into @lagrangedev’s ZK AVS Thank you to our network of operators and restakers 🙏 Infinite sum games ♾️ t.co/gIUW3W4BN6
What came next · since 20 Apr 2024
Since then
Zero has written 3 more pieces on Lagrange since this one.