Suppose a protocol built on EigenLayer has a security vulnerability that allows an attacker to steal funds. If validators have committed their staked ETH to secure this protocol, they could lose a portion of their staked tokens, impacting not only the project but also the Ethereum network as a whole.
Nothing different than just staking Eth on a specific node (that is trusted). This is just a way of over-diluting a native token to make more money by creating more abstract layers (which adds cost).
They talked about the risks involved namely slashing. If you delegate to an operator that is malicious they get a portion of their ETH and thus your ETH slashed.
@@martijnrutten9009 No, they lied about it. The second scammer in this video said the trust is “abstracted away” when that’s precisely not the case. Have fun wasting your breath supporting scams.
13 year old? isnt this a child exploit? cancel eigen layer should spread awareness shame on you poor kids should be enjoying their youth imagine you work a corporate slave such a young age
Smart children are now a result of child exploitation? Give me a break, Our society is doomed with your thought process. Genius Children should be celebrated and inspiring. These are the mind shaping our future and you want to dumb them down?
Ngmi mindset. I highly doubt this “child” is being forced against their will to work there. Working alongside a highly complex defi project at that age is a highly lucrative opportunity and speaks volumes about how intelligent they are
13 year old giga chad right here, very impressed
how do I invest in this human
quack
@@Gamaouat quack
that's called trafficking
buy signal
"13 year old VC" can we stop please
Sell signal
He sounded more knowledgeable than 99% of people I hear speak about crypto
@@Janiix89 I thought it was a she...
@@peter9910no he is a he 😂
She's not 13. It's just a moniker
OMG... Most impressive VC I've ever met
So it will compete with Polkadot and cosmos?
Suppose a protocol built on EigenLayer has a security vulnerability that allows an attacker to steal funds. If validators have committed their staked ETH to secure this protocol, they could lose a portion of their staked tokens, impacting not only the project but also the Ethereum network as a whole.
Will it have a token?
Buy ETH. That's your token.
@@taccntb4345 Rubbish
you may be seen as an early user by using platforms that use eigenlayer. There may or may not be an airdrop to early users
Thats between 9 years old or 33 years old asian?
Yes
damnnn this was so well explained
is this the next Vitalik
Kid needs a meme coin
Im 15, too old for this s*it 😂
bro is definitely a regressor from when the AIs took over
Wtf!? Next level lol
Nothing different than just staking Eth on a specific node (that is trusted). This is just a way of over-diluting a native token to make more money by creating more abstract layers (which adds cost).
Like everyone involved in Eth doesn't earn enough money.
Finally I get Eigen 🤣
What am I doing with my life 😂😂
The next SBF?
Jessy if you read this, please have Jessy's hacker houses at ETHDenver,
EthCC was dope
Impressive but that wasn’t two to three sentences
Definitely not 13
Eigen Layer is super bullish for the future!!!
much talking about the pros but zero talking about the risk
what are the risk involved?
@@FeyDeFi going through multiple restaking smart contracts....what are the risks?
@@pompi23851 smart contracts security will always represent a risk. I was thinking more of liquidity risks.
They talked about the risks involved namely slashing. If you delegate to an operator that is malicious they get a portion of their ETH and thus your ETH slashed.
@@martijnrutten9009 No, they lied about it. The second scammer in this video said the trust is “abstracted away” when that’s precisely not the case. Have fun wasting your breath supporting scams.
What TF do you mean it don't need token?? GIB ME TOKEN
👩🏽🏫
I'll explain it better, it's a scam!
he's lying.....
They never intended to implement slashing
Bruhhh… 😲
Yet more useless vaporware, great
First, I need a dictionary. Dumb it down for us Gen X’ers 😅
He, she or they?‼️🤔
Them
it
stocazzo
13 year old? isnt this a child exploit? cancel eigen layer should spread awareness shame on you poor kids should be enjoying their youth imagine you work a corporate slave such a young age
Smart children are now a result of child exploitation? Give me a break, Our society is doomed with your thought process. Genius Children should be celebrated and inspiring. These are the mind shaping our future and you want to dumb them down?
Ngmi mindset. I highly doubt this “child” is being forced against their will to work there. Working alongside a highly complex defi project at that age is a highly lucrative opportunity and speaks volumes about how intelligent they are
@@shayananjum2131I think they were joking.
@@jonosullivan4727 NO NO NO
😂@@oleksandrzalesky
I don't buy it. And he's just annoying.
Web3Infinity Token is gonna explode anytime soon