logo
#

Latest news with #EigenCloud

Caldera Announces Partnership with EigenCloud to Integrate EigenDA V2
Caldera Announces Partnership with EigenCloud to Integrate EigenDA V2

Int'l Business Times

time07-08-2025

  • Business
  • Int'l Business Times

Caldera Announces Partnership with EigenCloud to Integrate EigenDA V2

San Francisco, California, August 7th, 2025, Chainwire Constellation Labs d/b/a Caldera, the leading provider of rollup infrastructure solutions, today announced a strategic partnership with EigenCloud to integrate EigenDA V2 into its rollup engine. This integration unlocks industry-leading data throughput capabilities of 100 MB/s for blockchain rollups, representing a significant leap forward in blockchain scalability and performance. The partnership addresses one of the most critical challenges facing blockchain rollups today: efficient data availability. Rollups must post their transaction data to ensure the chain's state can be verified and maintained. Traditionally, this data is posted directly to Ethereum's Layer 1 (L1), which can be both expensive and limiting in terms of scalability. By leveraging a dedicated Data Availability (DA) layer instead of relying solely on Ethereum L1, rollups can achieve significantly higher performance while reducing costs. This approach opens the door to unlimited use cases and enables blockchain applications to scale without compromising on security or decentralization. 'We're incredibly excited to integrate EigenDA V2 into Caldera's rollup engine, offering unmatched scale to our partner projects', said Matthew Katz, CEO of Constellation Labs. 'As an increasingly large set of companies come on-chain – including payment companies, fintechs, and banks – the ability to scale to new levels is absolutely paramount'. EigenDA: Built for the Future of Blockchain Infrastructure EigenDA represents a next-generation DA solution that draws inspiration from Danksharding while eliminating the need for independent consensus mechanisms. This innovative approach allows EigenDA to harness the decentralized trust inherent in the Ethereum network, backed by millions of dollars in restaked ETH to provide bulletproof economic security. The solution offers several key advantages that set it apart in the competitive data availability landscape: Guaranteed Bandwidth Through Reservations: EigenDA is the only DA solution to offer data reservations, ensuring that rollups receive guaranteed bandwidth at a fixed cost. This predictability is crucial for enterprise applications and high-throughput use cases that require consistent performance. Proven Performance at Scale: The capabilities of EigenDA are not theoretical—they've been tested and proven in real-world conditions. The Eigen team successfully demonstrated the platform's power by posting the live chain state of all Layer 1 and Layer 2 blockchains on EigenDA. Seamless Integration Through Caldera's Platform The EigenDA V2 integration will be available as a one-click option within the Caldera dashboard for any new rollup deployment. This streamlined approach eliminates the technical complexity traditionally associated with integrating advanced data availability solutions, making cutting-edge performance accessible to developers regardless of their infrastructure expertise. Existing Caldera chains may elect to switch to EigenDA V2. This flexibility ensures that all Caldera users can benefit from the partnership, whether they're launching new projects or optimizing existing deployments. About Caldera Caldera is a leading provider of rollup infrastructure solutions, making it easy for developers and organizations to deploy and manage high-performance blockchain rollups. Based in San Francisco and operating as Constellation Labs dba Caldera, the company is committed to advancing blockchain scalability and accessibility through innovative infrastructure solutions. For more information, users can visit Caldera's Official Website | X | Telegram | LinkedIn Contact CEO Matthew Katz Constellation Labs, d/b/a Caldera matt@

Caldera Announces Partnership with EigenCloud to Integrate EigenDA V2
Caldera Announces Partnership with EigenCloud to Integrate EigenDA V2

Business Insider

time07-08-2025

  • Business
  • Business Insider

Caldera Announces Partnership with EigenCloud to Integrate EigenDA V2

Constellation Labs d/b/a Caldera, the leading provider of rollup infrastructure solutions, today announced a strategic partnership with EigenCloud to integrate EigenDA V2 into its rollup engine. This integration unlocks industry-leading data throughput capabilities of 100 MB/s for blockchain rollups, representing a significant leap forward in blockchain scalability and performance. The partnership addresses one of the most critical challenges facing blockchain rollups today: efficient data availability. Rollups must post their transaction data to ensure the chain's state can be verified and maintained. Traditionally, this data is posted directly to Ethereum's Layer 1 (L1), which can be both expensive and limiting in terms of scalability. By leveraging a dedicated Data Availability (DA) layer instead of relying solely on Ethereum L1, rollups can achieve significantly higher performance while reducing costs. This approach opens the door to unlimited use cases and enables blockchain applications to scale without compromising on security or decentralization. 'We're incredibly excited to integrate EigenDA V2 into Caldera's rollup engine, offering unmatched scale to our partner projects', said Matthew Katz, CEO of Constellation Labs. 'As an increasingly large set of companies come on-chain – including payment companies, fintechs, and banks – the ability to scale to new levels is absolutely paramount'. EigenDA: Built for the Future of Blockchain Infrastructure EigenDA represents a next-generation DA solution that draws inspiration from Danksharding while eliminating the need for independent consensus mechanisms. This innovative approach allows EigenDA to harness the decentralized trust inherent in the Ethereum network, backed by millions of dollars in restaked ETH to provide bulletproof economic security. The solution offers several key advantages that set it apart in the competitive data availability landscape: Guaranteed Bandwidth Through Reservations: EigenDA is the only DA solution to offer data reservations, ensuring that rollups receive guaranteed bandwidth at a fixed cost. This predictability is crucial for enterprise applications and high-throughput use cases that require consistent performance. Proven Performance at Scale: The capabilities of EigenDA are not theoretical—they've been tested and proven in real-world conditions. The Eigen team successfully demonstrated the platform's power by posting the live chain state of all Layer 1 and Layer 2 blockchains on EigenDA. The EigenDA V2 integration will be available as a one-click option within the Caldera dashboard for any new rollup deployment. This streamlined approach eliminates the technical complexity traditionally associated with integrating advanced data availability solutions, making cutting-edge performance accessible to developers regardless of their infrastructure expertise. Existing Caldera chains may elect to switch to EigenDA V2. This flexibility ensures that all Caldera users can benefit from the partnership, whether they're launching new projects or optimizing existing deployments. About Caldera Caldera is a leading provider of rollup infrastructure solutions, making it easy for developers and organizations to deploy and manage high-performance blockchain rollups. Based in San Francisco and operating as Constellation Labs dba Caldera, the company is committed to advancing blockchain scalability and accessibility through innovative infrastructure solutions. Contact CEO Matthew Katz

Eigen Labs Axes 25% of Staff to Focus on Building EigenCloud
Eigen Labs Axes 25% of Staff to Focus on Building EigenCloud

Yahoo

time09-07-2025

  • Business
  • Yahoo

Eigen Labs Axes 25% of Staff to Focus on Building EigenCloud

Eigen Labs cut its workforce by 25%, losing 29 roles, as CEO Sreeram Kannan said he restructured the company to focus on developing EigenCloud, what he called a 'verifiable' alternative to existing, opaque cloud services. The Seattle-based startup said the dismissals were not a cash-crunch response. The comany is backed by $220 million in venture funding, including a $100 million Series B round led by a16z in February that gave it a $1 billion valuation. "As difficult as these changes are, they sharpen our focus as a company and ensure our teams are structured to sustainably pursue a single, ambitious goal: to build the world's first verifiable cloud platform," Kannan said in a post on X. "We move forward with a tighter strategy, renewed energy, and a team laser-focused on our mission." EigenLayer, the restaking protocol that underpins the project, and its data-availability sibling EigenDA will remain online as part of EigenCloud, Kannan added in separate post. Employees leaving company will receive three months of pay, accelerated token vesting, continued health coverage, and help finding new jobs, he said. He also invited other crypto firms to recruit the departing staff, signaling a wish to keep talent inside the ecosystem. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

a16z Bets Big on EigenLayer Again With $70M Token Buy to Back ‘EigenCloud' Launch
a16z Bets Big on EigenLayer Again With $70M Token Buy to Back ‘EigenCloud' Launch

Yahoo

time17-06-2025

  • Business
  • Yahoo

a16z Bets Big on EigenLayer Again With $70M Token Buy to Back ‘EigenCloud' Launch

Venture capital firm Andreessen Horowitz (a16z) has invested an additional $70 million in EigenLayer, Ethereum's largest restaking protocol, to support the launch of EigenCloud, a new platform offering 'verifiability-as-a-service' for developers, the companies said on Tuesday. The investment follows a16z's $100 million Series B in Eigen Labs in February 2024, and underscores its commitment to the project through its Crypto Fund IV. EigenLayer currently secures over $12 billion in restaked assets. EigenCloud allows developers to build trustless, verifiable applications that operate off-chain while anchoring trust and payments on the Ethereum blockchain. Companies like Securitize will use EigenCloud to verify asset pricing data for BlackRock's $2 billion BUIDL fund. The platform introduces new services, EigenVerify for dispute resolution and EigenCompute for offchain execution, alongside existing AVSs like EigenDA for data, the companies said. By transforming verifiability into a programmable cloud primitive, EigenCloud is targeting sectors like AI, media, betting markets, and enterprise software, as it aims to unlock a new wave of crypto-native and Web2-integrated applications. 'EigenCloud will enable the next generation of disruptive, mass-market crypto apps, closing the gap between what developers want to build onchain and what blockchains allow them to build,' said Sreeram Kannan, CEO of Eigen Labs, in the release. The alpha rollout includes performance upgrades, dispute tooling, and a developer roadmap for phased access.

Eigen Labs Raises $70 Million From A16z For EigenCloud Ethereum Tools
Eigen Labs Raises $70 Million From A16z For EigenCloud Ethereum Tools

Forbes

time17-06-2025

  • Business
  • Forbes

Eigen Labs Raises $70 Million From A16z For EigenCloud Ethereum Tools

Big data structure concept. 3D render Eigen Labs has announced the launch of EigenCloud, a platform designed to extend blockchain-grade trust guarantees to any Web2 or Web3 application. The alpha version launch this week coincides with a fresh $70 million token purchase by a16z crypto, deepening its commitment following the firm's $100 million Series B investment in February 2024. The venture firm's direct purchase of EIGEN tokens indicates alignment with EigenLayer's token-centric economic model as EigenCloud usage will create new fee flows that can support staking rewards. The structure introduces a potential yield incentive for restakers, creating a feedback loop between application usage and network participation. EigenCloud is built atop EigenLayer's restaking protocol and integrates data availability (EigenDA), general-purpose compute (EigenCompute), and dispute resolution (EigenVerify) into a single developer-facing platform. These tools allow developers to cryptographically prove what happened off-chain, with the same trust guarantees traditionally reserved for on-chain activity. Restaking has emerged as a popular model for bootstrapping decentralized infrastructure. EigenLayer allows Ethereum stakers to 'restake' their ETH to secure third-party services, known as autonomous verifiable services. Over $12 billion in restaked assets are securing more than 200 AVSs across oracles, rollups, AI workflows, and decentralized middleware. EigenCloud's alpha rollout aligns with a performance upgrade for EigenDA, achieving throughput of 50 MB per second on Ethereum testnets. It also launches a gated preview of EigenVerify, designed to adjudicate disputes in off-chain systems like AI agents or prediction markets. Later this year, EigenCompute will provide verifiable general-purpose compute, enabling developers to anchor computation results with cryptoeconomic guarantees. The April activation of slashing marked a key step for EigenLayer, empowering AVSs to penalize misbehaving node operators. This capability allows EigenCloud to extend L1-like guarantees beyond traditional blockchains into areas like medical records, machine learning inference, and Web2 marketplaces, domains where trust and correctness are paramount. EigenCloud reframes the blockchain from a transaction ledger into a programmable trust engine. By packaging verifiability as modular primitives, Eigen Labs aims to offer an on-chain alternative to cloud services like AWS or Google Cloud, but with built-in accountability. This concept, dubbed 'verifiability-as-a-service,' introduces a new economic flywheel for the EIGEN token. As applications consume services like EigenVerify or EigenCompute, they generate usage fees payable in EIGEN, which will be used to support stakers, fund incentives and develop other innovations. While pricing and metering models for EigenCompute have yet to be disclosed, the structure positions verifiability itself as a billable digital resource. While EigenLayer dominates the restaking narrative, competitors like Celestia (modular data availability), Story Protocol (on-chain IP verification), and Optimism's Cannon (fraud-proof generation) are also pushing toward verifiable infrastructure. EigenCloud's differentiation lies in its unification of data, compute, and dispute resolution into a single trust layer, which is an approach more akin to cloud-native full-stack development than blockchain tooling. That said, key questions remain as slashing is still optional for AVSs, raising concerns about enforcement consistency. Meanwhile, regulatory guidance on verifiability protocols, especially in AI, healthcare, and finance, remains sparse. Sreeram Kannan, CEO of Eigen Labs, forsees EigenCloud as a key piece in the puzzle for bringing blockchain into traditional app development. Kannan commented, Joe Lubin, co-founder of Ethereum and CEO of Consensys, added that verifiability is 'becoming a foundational building block of the internet,' and praised EigenCloud as a meaningful leap toward a more trustworthy digital stack. Ali Yahya, General Partner at a16z crypto, echoed the sentiment, commenting, 'EigenLayer is surmounting the technical bottlenecks of blockchains to enable a new category of applications built on verifiable solutions.' Access to EigenCloud is currently being rolled out to select developers, with broader availability planned for late 2025. An ambitious roadmap includes extended developer tooling, additional slashing mechanisms, and streamlined deployment flows for AVSs. As crypto enters what many call its 'app era,' Eigen Labs is betting that verifiability will be the feature that unlocks mass developer engagement, and a new generation of use cases beyond tokens and DeFi.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store