With the official launch of the Brevis coChain on mainnet—we are excited to share another milestone alongside our launch, the P2P operator has joined the Brevis coChain Actively Validated Service (AVS) mainnet by leveraging EigenLayer’s cutting-edge tech stack! This collaboration represents a leap forward in strengthening the ZK coprocessing infrastructure for Web3 as a whole.
Our collaboration with P2P not only bolsters the economic stability of Brevis coChain but also seamlessly integrates with Ethereum’s established security framework via EigenLayer. As a node operator for Brevis coChain AVS, P2P will collaborate with other operators in coprocessing to collectively produce optimistic outcomes for requests originating from smart contracts and dApps through EigenLayer’s restaking infrastructure. Additionally, this partnership offers the chance for these outcomes to be contested through a Zero-Knowledge Proof generated by Brevis’s ZK proving stack.
Built on top of EigenLayer as a dual-quorum PoS network, Brevis coChain benefits from pooled economic security with restaking. Liquid restaking is the process of depositing liquid staking tokens (LSTs) into external systems like rollups or oracles to provide them with an additional layer of security, while liquidizing LSTs for users to earn extra yields. With the dual-quorum design, Brevis allows P2P and its delegators to support the coChain AVS through both LSTs/native ETH and an additional token. This not only presents an exciting opportunity for stakers and delegators to earn additional rewards on top of their ETH and LSTs, but also enables a rich, resilient model for Brevis that taps into the security of ETH already staked on Ethereum mainnet.
Brevis coChain AVS
Brevis is a smart ZK coprocessor that empowers smart contracts to read the full historical on-chain data from any chain and then run customizable computations that are trust-free.
Previously, Brevis only operated using a “pure-ZK” model until we launched Brevis coChain, which introduced a new “propose-challenge” ZK Coprocessor model. Brevis coChain is a PoS network that accepts coprocessing requests from smart contracts and optimistically generates coprocessing results through PoS consensus, then allows those results to be challenged with a ZK proof—significantly lowering costs, reducing latency, and increasing scalability.
By running Brevis coChain as an Eigenlayer AVS, we can expand and extend the Ethereum-level crypto-economic security by easily reusing the already staked ETH without having to unstake them.
What is P2P
Launched in 2018, P2P.org aims to shape a decentralized future for all and provide stakeholders with non-custodial staking services. With over $6.5+ billion in TVL and over 90,000 delegators, P2P.org has become a top 3 global leader by TVL. Pioneers in their industry, the dedicated team at P2P.org has assumed pivotal roles as early validators across multiple networks. Their unwavering commitment to building leading infrastructure has made them one of the leading Ethereum validators globally.
P2P is embracing the opportunities within the Eigenlayer ecosystem, demonstrating its commitment to fostering growth within the community. With innovative AVSs like Brevis gaining prominence and expected to play a pivotal role in the ecosystem, we look forward to the successful launch and adoption on the mainnet. This marks a notable advancement in the partnership between P2P and Brevis, signifying progress towards our shared goals within the blockchain landscape.
Next Steps
We are excited to be working closely with P2P and look forward to exploring the various integration possibilities with Brevis’s ZK Coprocessor for different features or use cases in P2P’s platform!
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