Restaking is an emerging concept in blockchain technology, aiming to create a more unified and efficient security model for multiple blockchain ecosystems. As of June 25, 2024, $20.14 billion worth of assets were being restaked, with Ethereum leading the way.
Our latest report, "The Costs and Benefits of Restaking," by Zack Pokorny, dives into this concept, providing an in-depth overview of restaking on Ethereum and Cosmos. This report is the second in a three-part series exploring the risks and rewards of staking, restaking, and liquid restaking.
Key highlights include:
▶ An overview of restaking and its implementation on Ethereum and Cosmos.
▶ The historical context and evolution of restaking.
▶ Detailed analysis of major restaking solutions like EigenLayer, Karak, Symbiotic, Solayer, Picasso, and Pell Network.
▶ Examination of the economic and security implications of restaking.
▶ Risks associated with restaking and considerations for stakeholders.
Restaking leverages the economic and computational resources of one blockchain to secure multiple blockchains, thus enhancing modularity and economic security. However, there are significant risks in implementation that need careful consideration.
Explore the report to understand the future of restaking and its impact on the broader blockchain ecosystem: https://lnkd.in/eR4mB_UV
AI & Semiconductor Research and Consultancy, Corporate Access -- FINRA Security Licenses: 7,24,55,63 at Uphold Securities
1wWell done 👍🏻