Hexagate has unveiled The Gate Security Oracle, built on the eOracle stack, a leading AVS on EigenLayer. This marks the launch of the first decentralized machine learning (ML)-based security protocol.

In the realm of decentralized finance (DeFi), trust and security are paramount. Many projects compromise decentralization to ensure functionality and security, often relying heavily on external data. This dependence can weaken security and erode user trust.

The Actively Validated Services (AVS) from EigenLayer offer a solution. By leveraging the security of billions in staked Ethereum (ETH) through the re-staking protocol, AVSs help projects balance centralization and security effectively.

Among the notable AVS protocols, eOracle stands out by using re-staked ETH to secure its modular Oracle networks. eOracle benefits from a significant security budget, with over $5 billion in staked ETH, supported by more than 120,000 stakers and over 110 validators globally. This makes it one of the most robust crypto oracle solutions available.

The Gate Protocol Security Oracle, developed by Hexagate on the eOracle stack, utilizes the Oracle Validated Service (OVS) model. This partnership allows developers to integrate Hexagate’s powerful ML models to protect their on-chain protocols from hacks and threats, effectively creating a ‘DeFi Firewall’ that mitigates risks before any damage occurs.

Modularity

OVSs bring a new level of modularity to blockchains, providing the fast connectivity and computational bandwidth necessary for infrastructure applications.

“When we began developing eOracle, our goal was to align closely with Justin Drake and Vitalik Buterin’s enshrined Oracle EIP proposals,” said Matan Si, founder of eOracle. “However, we soon recognized that while Ethereum provides an excellent architecture, it is impractical for many use cases.”

Si further explained that eOracle was designed to support heavy computation and fast connectivity, utilizing Ethereum validators and staked ETH for shared security. This approach paves the way for future modular innovations that extend beyond blockchains to middleware.

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