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AltLayer MACH: A fast finality solution revolutionizing the Ethereum ecosystem

2024-09-03 21:34:58

Today, with the rapid development of blockchain technology, Layer 2 solutions have become an important part of improving the performance of the Ethereum network. Recently, AltLayer launched its new restaked rollup product "MACH" and provides support for Arbitrum One. This innovation not only improves the speed and security of transactions, but also brings a new experience to users and decentralized applications (dApps).


Fast finality of AltLayer MACH

AltLayer MACH is a fast finality adaptive verification system (AVS) based on EigenLayer's remortgage mechanism. MACH is able to complete transactions in less than 10 seconds compared to the traditional Layer 1 transaction closing time of approximately 13 minutes. This feature makes MACH one of the most attractive solutions on Arbitrum One.

Shared security and state verification: MACH is not only designed to quickly end transactions, it also provides shared security guarantees. This means that users using MACH can enjoy higher security because all transaction status will be strictly verified. In this process, MACH will use economic mortgage to confirm the status of each rollup to ensure the validity of the transaction.


Arbitrum One’s Ecosystem

Currently, Arbitrum One has an active Layer 2 cryptocurrency ecosystem, and its total value locked (TVL) of approximately $3.02 billion makes it a leader in the market, according to defiLlama’s report. With over 470 dApps deployed on the network, the addition of AltLayer MACH will undoubtedly further enhance the attractiveness of this ecosystem.

In addition to Arbitrum One, what other platforms does MACH support? AltLayer MACH has supported Optimism’s OP Mainnet since April. Now, with support for Arbitrum One, MACH is now able to serve two of the largest rollup ecosystems, which is great news for developers and users alike.


How MACH works

MACH serves as an adaptive verification system that allows users to delegate Ether (ETH) or Liquid Staked Tokens (LSTs) to any registered operator. These economic collaterals will be used to verify the state of a given rollup, providing fast finality to the rollup. Specifically, block verification works by confirming that the new rollup state is indeed based on an ordered set of transactions.

MACH’s operators will raise an alert when an invalid block is detected. If enough operators agree with the alert, the alert will be escalated to concerned clients, such as dApps. In this way, customers can take early action and reject invalid status updates, thereby protecting users' asset security.


Diversity at MACH

Within months of the EigenLayer mainnet launch, AltLayer launched multiple MACHs, including MACHs designed for Xterio, Cyber, and DODOChain. These MACHs focus on a single rollup, while the AltLayer MACH is designed to serve multiple major rollups in the Ethereum ecosystem, demonstrating its flexibility and scalability.


in conclusion

The launch of AltLayer MACH not only provides Arbitrum One users with fast finality and shared security, but also further solidifies its position in the Ethereum ecosystem. As blockchain technology continues to evolve, this innovation will bring a more efficient and secure transaction experience to developers and users.

AltLayer's vision is to promote the development of Ethereum, bringing benefits to all participants including builders, entrepreneurs, end users and the chain. As MACH continues to develop, we can expect more innovative solutions in the future to make the Ethereum ecosystem more prosperous.

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