LayerZero Labs, Eigen Labs raise the stakes on cross-chain transactions

The two firms have co-developed the Cryptoeconomic DVN Framework, bringing more security to decentralized networks through economic incentives. 

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The team behind Ethereum re-staking protocol EigenLayer and cross-chain messaging protocol LayerZero have introduced a new system to make cross-chain communication more secure. 

In a blog post on Oct. 2, LayerZero Labs announced the partnership with Eigen Labs and introduced a framework for “CryptoEconomic Decentralized Verifier Networks” (DVNs).

The system combines technical verification with financial incentives to ensure secure cross-chain messaging.

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