$ALT AltLayer is a decentralized protocol that uses a combination of advanced technologies to enhance blockchain scalability, security, and decentralization.
Its core technologies and services include:
Restaked Rollups: This is AltLayer's core innovation. It takes existing rollup stacks (like OP Stack, Arbitrum Orbit, ZKStack) and enhances them by integrating with EigenLayer's restaking mechanism. This allows staked Ethereum (ETH) to be used to secure AltLayer's rollups, providing stronger crypto-economic security, decentralization, and faster finality.
@rumour.app This framework is composed of three Actively Validated Services (AVSes):
VITAL: For decentralized verification of the rollup's state.
MACH: For fast finality of transactions.
SQUAD: For decentralized sequencing of transactions.
Rollup-as-a-Service (RaaS) Platform: This is a versatile, no-code launchpad that enables developers to quickly deploy highly customizable Layer 2 rollups (both optimistic and ZK rollups).
It operates on a modular architecture, allowing users to choose and combine different components:
Execution Layers/VMs: Such as Ethereum Virtual Machine (EVM) or WebAssembly (WASM).
Data Availability (DA) Layers: Including the underlying Layer 1 (like Ethereum) or external solutions like Celestia and EigenLayer DA.
Rollup Stacks (SDKs): Including OP Stack, Arbitrum Orbit, Polygon zkEVM, and ZKStack.
Ephemeral Rollups (Flash Layers): These are resource-optimized, application-specific rollups that can be quickly spun up, used for a period of high demand (e.g., a massive GameFi launch), and then disposed of by settling their state back to a Layer 1 blockchain.
ALT Token: This is the native utility and governance token of the AltLayer ecosystem. It is used for:
Economic bond/Staking: Staking the token to provide security for the network, with a risk of slashing for malicious behavior.
Fees: Paying for services within the AltLayer ecosystem.
Governance: Allowing token holders to vote #traderumour $ALT