EigenLayer has introduced a new security model to increase security on the Ethereum network! 🎉 The new model allows operators to participate with unique AVSs (Active Verification Services) and manage the outage risk specific to each AVS. This allows operators to distribute their stakes more securely. In addition, each AVS can create its own outage mechanisms without the need for a joint veto committee. Expect more innovations in future updates! 🚀

How do you think this new model will affect security? Let's meet in the comments! 💬#AI#Metaverse#ChatGPT#Technology #Web3