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    Infura progresses with Decentralized Infrastructure Network, set to debut on Ethereum’s EigenLayer platform

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    Ethereum validator node provider Infura has made advancements with its Decentralized Infrastructure Network (DIN), planning to launch the network as an Actively Validated Service on the Ethereum restaking platform, EigenLayer. DIN serves as a decentralized app store for blockchain infrastructure, providing developers with new ways to connect to Ethereum and other top blockchains. The network is currently available across several platforms, including Blast, Mantle, Starknet, ZKsync, BNB Smart Chain, and Scroll. Utilising EigenLayer helps lower development costs, increase access to Web3 services, and make the launch of new services on Web3 gateways easier.

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    Infura, a provider of Ethereum validator nodes created by Consensys, has announced major progress with its Decentralized Infrastructure Network (DIN). They’ve revealed plans to launch the network as an Actively Validated Service (AVS) on Ethereum restaking platform EigenLayer. “With Ethereum’s financial security backing us up through EigenLayer, we’re advancing DIN’s ongoing development of a free-access marketplace for infrastructural services,” said Tom Hay, the head honcho for Infura DIN, making the announcement at a recent event in Bangkok.

    So, what exactly is DIN? It’s kind of like a decentralized app store, but for blockchain infrastructure. This new platform offers developers a fresh way to connect to Ethereum as well as other top-tier blockchains. At present, it’s up and running across several networks, including Blast, Mantle, Starknet, ZKsync, BNB Smart Chain, and Scroll.

    By launching DIN as an AVS via EigenLayer, a bunch of benefits come into play. We’re talking about lower development costs, better access and consistency of Web3 services, a cooperative spirit among providers, and much easier launch of new services on Web3 gateways. According to Sreeram Kannan, the boss at EigenLayer, building DIN as an EigenLayer AVS encourages open infrastructure provision. This expands the marketplace while boosting reliability and bringing down costs.

    If you’re not familiar with what an Actively Validated Service (AVS) on EigenLayer is, it’s a decentralized service built on Ethereum that creates custom validation mechanisms for offchain operations. EigenLayer is a protocol for Ethereum restaking that bags extra rewards for staked Ether (ETH).

    The main aim of deploying this is to set up a more user-friendly, dependable, and efficient decentralized infrastructure for Web3 development all while exploiting Ethereum’s financial security. It’s also about using EigenLayer restaking as a welcoming mechanism that offers staking and slashing protection but doesn’t require projects to start launching tokens prematurely.

    In 2024, EigenLayer has seen a massive surge in growth with the total value locked on the restaking protocol blossoming by 900% since the start of the year hitting $13.4 billion, based on figures from DefiLlama. Although, the total value locked has dipped slightly since peaking at $20 billion in early June and has only recently begun to climb again as ETH prices have risen over the last week or so.

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