Summary
TLDR: EigenDA, the first AVS by Eigen Labs, aims to help blockchain protocols store transaction data and compete with other similar protocols like Celestia.
Key Points
1. EigenDA is the first AVS (Application-Specific Validation Service) to launch, developed by Eigen Labs to assist blockchain protocols in storing transaction data and other important information.
2. EigenDA will be entering a competitive market, facing off against similar protocols like Celestia, which have become essential components of blockchain infrastructure as the industry continues to grow.
3. The launch of EigenDA signifies a growing need for specialized services in the blockchain space, highlighting the increasing complexity and demand for efficient data storage solutions within the industry.