LayerZero Labs and Eigen Labs have partnered to boost security in decentralized networks using a mix of technology and financial rewards.
Cross-chain transactions enable different blockchains to communicate, but they come with risks.
Decentralized Verifier Networks (DVNs) add a layer of security to cross-chain messaging by combining verification technology with financial incentives.
Verifiers stake tokens as collateral, messages are verified across blockchains, and bad behavior is punished by taking away staked assets.