RedStone Launches Data-Validation Service on EigenLayer
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 23 2024RedStone's New Service: RedStone has launched a data-validation service on EigenLayer, becoming the first major oracle provider to integrate with Ethereum’s restaking protocol, enhancing security and scalability for DeFi applications.
Impact on DeFi Ecosystem: This integration is expected to improve the reliability of data feeds for decentralized applications, support the growth of more complex financial products, and set a new standard for oracle infrastructure in the DeFi space.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
