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LayerZero and Eigen Labs Boost Cross-Chain Security

  • 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.

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