TLDR Crypto · INNOVATION & LAUNCHES

STAKESURE: CUTTING EDGE PROOF-OF-STAKE

bit.ly40 min read

Summary from the TLDR Crypto newsletter

The EigenLayer team created a new model for analyzing the cryptoeconomic safety of PoS chains by comparing the cost of corrupting a blockchain with the profit that can be extracted from corrupting it. StakeSure is an on-chain insurance mechanism that guarantees no honest user can lose funds. Its many complex characteristics include provably safe bridging, automatically adjusting economic security, and a Karma system for loss compensation and hacker penalization.