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blockchain

Operator

In the context of restaking and EigenLayer, an operator is an entity that runs infrastructure to validate AVSs (Actively Validated Services).

Definition

In the context of restaking and EigenLayer, an operator is an entity that runs infrastructure to validate AVSs (Actively Validated Services). Operators register with EigenLayer, opt into specific AVSs, and run the required software. They earn rewards but risk slashing if they misbehave.

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Related Terms

AVS

Actively Validated Service.

EigenLayer

An Ethereum protocol that lets you restake your staked ETH to secure additional services and earn extra yield.

Restaking

Using already-staked crypto to provide security to additional protocols and earn extra yield.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

ERC-4337

The Ethereum standard for account abstraction without changing the core protocol.

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