| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107320.6800000000 |
| ETH | $2429.8460000000 |
| BNB | $647.4794700000 |
| XRP | $2.1821200000 |
| ADA | $0.5642034000 |
| SOL | $150.1837000000 |
| DOGE | $N/A |
| DOT | $3.3927000000 |
| LTC | $86.0173000000 |
| LINK | $13.3516800000 |
Category: CRYPTO NEWS
The post The Restaking Renaissance – How Curators Could Revive the Ecosystem appeared on BitcoinEthereumNews.com. HodlX Guest Post Submit Your Post In attention-driven industries or markets like the crypto market, it is essential for new technologies to possess or periodically introduce elements that push the needle, lest they face the risk of falling off. The most common example of these sorts of elements in the crypto industry is user incentives. Restaking is a natural case study of the effects of a lack of sustainable incentives in an attention-driven market. Although it was once a hot topic in crypto due to its potential to elevate the industry’s security landscape, it invariably lost momentum due to an inability of restaking platforms to compensate users adequately for their contributions to economic security. Luckily, nothing is ever truly finished in the crypto industry, and a once-forgotten narrative or use case could resurface with a few minor tweaks and changes. The advent of curators in shared security frameworks offers a glimmer of hope for revitalizing the restaking narrative, ensuring that users are adequately incentivized to continue contributing to the security of blockchain networks and protocols. Later in this article, I’ll define curators and highlight their role in restaking models. But first, let us explore why and how curators came to be. Restaking origins Over the years, blockchain infrastructure has become more modular, scalable and accessible, making it easier to create blockchain products. However, that same rapid development has been missing in security implementation. New networks and protocols must create new security systems from scratch or employ alternatives that are either too expensive or involve significant trade-offs. Restaking emerged as a solution to this problem. It introduced the concept of shared or pooled security, allowing new networks and protocols to borrow the security of more established blockchain networks. Restaking platforms like Eigenlayer, Babylon and Symbiotic enable new blockchain projects to quickly…
2025-02-26T04:42:31+00:00