Is Shared Security A Myth? With Toghrul Maharramov

Welcome to episode 10 of EigenLayer Unlocked, for a much more broad overview of what shared security really is, how to think about the concept of shared security, and where EigenLayer fits in.

Following up on his earlier thoughts around modularity being a meme, we decided to bring Toghrul on to discuss his mental model for shared security and restaking.

In the crypto world, shared security is often misunderstood as a term. In today's presentation, Toghrul walks us through why the lack of full shared security isn’t necessarily a bad thing, and how it opens up more opportunities for experimentation across L2s, restaking protocols, and other onchain systems. He also made a point to define the four key characteristics of shared security as it relates to cryptoeconomic systems.

We touched on the idea of avoiding full interdependence amongst two separate systems which means individual failures are isolated, ensuring the wider ecosystem remains secure. However, this also breaks the core messaging for shared security, lending itself to a "partial shared security" terminology.

Overall, this was a really good talk and towards the end we got into usecases, risks, and how Toghrul is viewing the restaking landscape.

Enjoy.

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