**📢 NEAR Foundation and [EigenLayer](https://twitter.com/eigenlayer) are partnering to improve #Ethereum rollups by making them faster and cheaper.** 🛠️ They will introduce a "fast finality layer" for Ethereum #Layer2, reducing transaction times to 3-4 seconds and costs by 4,000 times. + This will improve efficiency and offer more choices for transaction processing while maintaining security. + A testnet is expected in early 2024. + This partnership aims to make the internet more open and user-friendly. **[MORE](https://pages.near.org/blog/near-foundation-and-eigen-labs-partner-to-enable-faster-cheaper-web3-transactions-for-ethereum-rollups-via-eigenlayer/)** **[Telegram](https://t.me/nearprotocoluachannel) | [Twitter](https://twitter.com/nearuaguild) | [Medium](https://medium.com/near-protocol-ua) | [Chat](https://t.me/nearprotocolua/1)** 