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Explore AltLayer (ALT Token): The Open and Decentralized Rollup Protocol

2024-09-03 21:04:02

In today's blockchain ecosystem, Rollup technology has become an important solution to improve transaction efficiency and scalability. As an open and decentralized Rollup protocol, AltLayer is changing our understanding and application of Rollup. This article will delve into the core concepts, functions and importance of AltLayer in the development of blockchain.


What is AltLayer?

AltLayer is an innovative Rollup protocol designed to provide enhanced security, decentralization and interoperability. It uses a new concept called "Restaked Rollup", which can draw support from any existing Rollup stack (such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK, etc.) and further improve its performance.


Advantages of Restaked Rollups

Restaked Rollups combine the convenience of quickly creating rollups using rollup stacks such as OP Stack, Arbitrum Orbit, and ZKSync with EigenLayer’s re-staking mechanism to build a secure and decentralized network. These Restaked Rollups are actually a set of three vertically integrated Actively Validated Services (AVSes) created on demand to specifically serve specific Rollups.


These three AVSes provide the following three key services:

Rollup state correctness verification: This is an important step to ensure that Rollup operates normally.

Fast finality: Through the MACH service, ensure that transactions can be confirmed quickly.

Decentralized sorting: The SQUAD service is responsible for ensuring that the sorting process of transactions is not controlled by a single entity.

Rollups-as-a-Service (RaaS) by AltLayerMore than just a protocol, AltLayer provides a versatile, coding-free launch platform for Rollups-as-a-Service (RaaS). This means that even people with no programming experience can create a customized Rollup in just two minutes with a few simple clicks.


Multi-chain and multi-virtual machine support

RaaS products are designed to support multi-chain and multi-virtual machine environments, and therefore will support multiple technologies such as EVM and WASM. In addition, it supports different Rollup SDKs, such as OP Stack, Arbitrum Orbit, Polygon zkEVM, ZKSync's ZKStack and Starkware, and can work with multiple shared ordering services (such as Espresso and Radius) and different data availability layers (such as Celestia, EigenLayertia and Avail) for integration.

Innovation of instantaneous Rollups: A major innovation of AltLayer is the concept of instantaneous Rollups (Ephemeral Rollups). This kind of rollup allows dApp developers to quickly launch an efficient and scalable rollup tailored for their application in anticipation of increased demand for their application. The specific process is as follows:

Quick Start: Developers can quickly create a Rollup protected by Layer 1.

Flexible use: Use this Rollup when needed to meet application needs.


end life cycle

Once no longer needed, the developer can dispose of the rollup by performing an "end of life" settlement on Layer 1.

Transient rollups are highly resource-optimized rollups that allow developers to enjoy the benefits of application-specific rollups with the flexibility of general-purpose Layer 1. Under the RaaS framework, AltLayer provides the choice of instantaneous Rollups and persistent Rollups to meet different development needs.


The impact and future of AltLayer

The emergence of the AltLayer protocol will undoubtedly save blockchain development teams a lot of capital and development time, and encourage innovation and rapid experimentation. Its openness and permissionless features allow more developers to participate in the blockchain ecosystem and promote technological advancement and application expansion.

The future of thousands of Rollups: We believe that there will be thousands of Rollups in the future, some of which will be designed for general purposes, such as Arbitrum One, Optimism Mainnet, and ZKSync, while others will be tailored to the needs of specific application scenarios. Build. AltLayer will play a key role in this process and be an important enabler of this vision.


in conclusion

As an open and decentralized Rollup protocol, AltLayer not only provides innovative technical solutions, but also provides developers with powerful tools to quickly expand their applications. As blockchain technology continues to develop, AltLayer will become an important force in promoting industry progress. In the future, we look forward to seeing more applications and innovations of AltLayer in the blockchain ecosystem.

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT