AltLayer is a modular and scalable Layer 2 protocol designed to support Ethereum and other blockchains by providing innovative scaling solutions, such as restaked rollups and ephemeral rollups. Its ecosystem encompasses various applications, including DeFi, gaming, and NFTs. It offers tools like Rollups-as-a-Service (RaaS) to enable developers to create custom Layer 2 solutions with ease.
AltLayer is a Layer 2 blockchain protocol focused on enhancing scalability, security, and interoperability for decentralized applications (dApps). It achieves this through the development of rollups—off-chain solutions that batch transactions and submit them to a primary blockchain like Ethereum. By reducing congestion and transaction fees, AltLayer improves the performance of Layer 1 blockchains.
AltLayer offers several innovative features:
AltLayer caters to a broad range of applications:
AltLayer integrates with multiple Layer 1 and Layer 2 platforms, including Arbitrum, Optimism, and ZKSync. Its protocol supports various rollup SDKs like OP Stack and ZK Stack, ensuring compatibility with different blockchain environments. Projects like EigenLayer and Cometh leverage AltLayer’s infrastructure to achieve better scalability and cross-chain functionality.
The native token of AltLayer, ALT, serves multiple purposes, including governance, staking, and transaction fee payments. It has a fixed supply of 10 billion tokens, with over 1 billion currently in circulation.
AltLayer aims to expand its integrations with other blockchain technologies, such as Polygon’s CDK and Celestia. It continues to focus on enabling application-specific rollups optimized for various industries, including the metaverse and decentralized identity systems.
AltLayer envisions a future where thousands of rollups coexist, each optimized for specific use cases. Its modular approach ensures adaptability across various ecosystems, making it a pivotal player in the evolution of blockchain scalability.
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