By Anthony Burr | TH3FUS3 Managing Editor
EigenLayer and LayerZero have unveiled a system to enhance cross-chain communication security through 'CryptoEconomic Decentralized Verifier Networks'. This framework addresses issues like trust and economic incentives in cross-chain transactions. With cryptoeconomic security, verifiers stake assets that can be slashed for dishonest actions.
This move, which follows community backlash, aims to address concerns and include more users in its growing ecosystem
Critics argue these factors together undermine the protocol's intentions and disadvantage smaller stakeholders