DODOchain Live on EigenLayer

Published on: 14.05.2024
DODOchain Live on EigenLayer

DODOChain proudly introduces Mainnet Phase 1 and the activation of DODOChain MACH AVS live on EigenLayer mainnet. Developed by AltLayer, MACH AVS ensures swift transaction finality, revolutionizing trading efficiency. Welcome to a new era of seamless blockchain trading.

DODOchain Phase Ⅰ: The AVS Mainnet

The launch of DODOchain’s MACH AVS mainnet marks the first phase of DODOchain, ready to be opened to users from a security standpoint.

They are launching a launchpool campaign with AltLayer, to win DODOchain’s ecosystem rewards, incentivizing operators to provide the service of fast finality for the DODOchain rollup.

Participate here: https://stake.altlayer.io/vaults

For the latest updates on the number of operators and stakers contributing to the security of DODOchain, users can refer to EigenLayer’s Actively Validated Service page. This resource details the total number of operators, stakers, and the cumulative value of ETH that has been restaked. Currently, DODOchain is supported by 12,510 stakers, and 29 notable operators such as AltLayer, InfStones, KudasaiJP, and Hashkey Cloud.

Exploring the MACH AVS

AltLayer’s MACH AVS, built on the EigenLayer framework, creates a decentralized network that enhances the validation of optimistic rollups. It ensures block validation by checking new rollup states against their antecedent states and the transactions ordered by the sequencer. If a block is found to be invalid, MACH operators issue alerts. These alerts, if confirmed by a consensus of operators, are sent to subscribing clients like dApps, prompting them to discard the invalid state updates promptly.

MACH operates on top of Ethereum and offers quicker, economically backed confirmations compared to Ethereum’s typical 12-minute finalization time or the rollup sequencer’s preliminary confirmations. It provides:

  1. Swift transaction confirmations,
  2. Crypto-economic safeguards against malicious actors,
  3. Decentralized rollup state validation.

Clients access MACH’s verification services through an RPC endpoint, which ensures the finality of rollup blocks and integrates smoothly with dApps for reliable transaction updates. This setup not only enhances the user experience by ensuring faster and more secure transactions but also supports exchanges, bridges, and other services by enabling quicker access to verified rollup states and blocks, thereby accelerating service delivery. For instance, exchanges or liquidity bridges can reduce the waiting period for withdrawals from rollups to Ethereum, significantly improving operational efficiency.

About DODOchain

DODOchain is an Omni-Trading Layer3, powered by the integration of Arbitrum, EigenLayer, and AltLayer. Linking Ethereum rollups and Bitcoin networks, it streamlines cross-chain trading liquidity. As a Restaked Rollup, DODOchain combines decentralized verification with rapid finality, boosting security and efficiency in the Omni-chain era.

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EigenLayer

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SOURCE: DODOchain BLOG

 

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