Base Layer

Base Layer Episode 244: Sreeram Kannan, Founder of Eigenlayer on Restaking plus Founder Insights for future entrepreuers

06.16.2023 - By David Nage | BlockWorks GroupPlay

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Sreeran Kannan, Founder of Eigenlayer, is an assistant professor at the University of Washington, Seattle, where he runs the information theory lab focussing on information theory and its applications in communication networks, machine learning, and blockchain systems. He was a postdoctoral scholar at the University of California, Berkeley, and a visiting postdoc at Stanford University between 2012-2014, before which he received his Ph.D. in Electrical and Computer Engineering and M.S. in Mathematics from the University of Illinois Urbana Champaign.

His team has built EigenLayer, a protocol built on Ethereum that introduces restaking, a new primitive in cryptoeconomic security. This primitive enables the reuse of ETH on the consensus layer. SUsers that stake ETH natively or with a liquid staking token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST and extend cryptoeconomic security to additional applications on the network to earn additional rewards. 

Join us to learn more about Eigenlayer and new systems being built in digital assets.

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