Altlayer ($ALT ) — is a decentralized protocol that helps create and launch specialized blockchain solutions called rollups. They use an innovative method called 'Restaked Rollups,' which enhances security through collaboration with EigenLayer. Altlayer offers a convenient Rollup-as-a-Service (RaaS) platform, allowing for quick deployment of rollups on popular blockchains like Optimism, Arbitrum, and Polkadot. The token $ALT is used for participating in protocol governance, staking, and paying transaction fees.
Altlayer $ALT actively collaborates with large projects such as Polkadot and Astar Network, as well as popular rollup platforms Optimism and Arbitrum. This expands opportunities for developers and users, allowing for the integration and scaling of applications across different blockchains. The ALT token plays an important role in the ecosystem: it is used for staking (supporting security), protocol governance (voting on important decisions), and paying fees within the network.
Thus, Altlayer is a modern solution for creating secure and scalable blockchain applications using a convenient platform and innovative security technologies.
