It's been a while since I last paid attention to EigenLayer in the Ethereum ecosystem. Recently, it changed its core platform name to "EigenCloud." Generally speaking, a name change often indicates a strategic shift. How should we understand Eigen's strategic transformation? This is a change in narrative; previously, Eigen was positioned as a restaking platform for Ethereum, but now it is framed as a verifiable cloud infrastructure for web3. Recently, Eigen's TVL has also surpassed $23 billion, reaching an all-time high, which indicates that the previous restaking protocol platform has achieved certain milestones. So, why is Eigen moving towards the narrative of "verifiable computing cloud"? There are many reasons, including a unified narrative, focused communication, and considerations for ecosystem integration and synergy, among others. If I had to pinpoint one reason, the most important is this: to widen the moat, in order to secure enough space for survival and development in the...
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