Altlayer: modular+re -pledged narrative ROLLUP service protocol

Source: Chain Tea House

1. Project introduction

Altlayer is a decentralized elastic Rollup-As-A-Service (RAAS) protocol, which aims to provide scalable second-layer solutions for blockchain applications.

It uses a temporary expansion layer to support multi -chain and multi -virtual machine functions, elastic convolution technology, non -code deployment and decentralized coordination on the basis of connecting the first and second layers such as Ethereum and Solana.EssenceThis setting helps to relieve congestion and high trading costs on the chain, allowing developers to quickly release convolution -specific applications.

As a re -stacked Rollup protocol, Altlayer is located in the modular and retransmitted narratives, providing additional security, decentralization and processing speed for the Rollup in the encryption market, such as OP Stack, ZKSTACK, Arbitrum Orbit, etc.

Altlayer provides the Rollup service for the web3 project (that is, Rollup-As-A-Service).Define the tool for rollup.Altlayer offers two main products: multifunctional ROLLUP stack and codeless instrument board.

In terms of technical narrative, the modular trend is a technical narrative that is expected to have a significant impact on the future of the blockchain. Since 2021, it has developed through three parallel stages to solve the cost of maintaining Rollup/Layer 2 operations. It is easier to create., More industrialized Rollup (such as Altlayer and Dymension Rollup), and continue to launch new Rollup after solving cost issues and technical challenges.These stages have developed at different speeds in different projects.

Among the products provided by Altlayer, Rollup-As-A-Service (RaaS) provides ROLLUP services for the Web3 project, including three core services: re-pledged Rollup, decentralized serialization, verification of correctness of ROLLUP status, and moreFast final determination, which helps the decentralization, better security and interoperability between ROLLUP.In addition, the codeless instrument board is a RAAS service provided by users who have experienced developers or users who have experienced the experience of Rollup -related code. It allows users to create execution layers and other related components in just 5 minutes, such as serializers and block gas limits.

Altlayer has issued the native currency Alt.The transaction costs, storage costs and other services in the Altlayer ecosystem will be paid with their native currency Alt. This token is also used to govern and participate in consensus mechanisms to contribute to network security.At present, Alt tokens have been listed on the Bitget platform and available for transactions.The holder can not only earn mortgage rewards through mortgage tokens, but also participate in the decision -making process of the agreement to enhance the security and governance of the entire network.

2. Core mechanism

The core mechanism of Altlayer is designed around its innovative Rollup-As-A-Service (RAAS) and RESTAKED ROLLUP technology. These mechanisms make it competitive in the blockchain industry, especially in dealing with speed, security, and going.In terms of centralization and scalability.

(1) RESTAKED ROLLUP

RESTAKED ROLLUP is a core technology provided by Altlayer. It combines RESTAKING and ROLLUP technology to enhance the security, decentralization and performance of the blockchain.

This mechanism realizes its functions through the following aspects:

definition

Rest11d Rollup is a special Rollup architecture, which is the core of which is to use the concept of re -mortgage to improve the security and decentralization characteristics of rollup.This Rollup not only handles ordinary transactions and smart contract operations, but also ensures higher data integrity and network trust through specific security enhancement and verification mechanisms.

Active verification service (AVS)

RESTAKED ROLLUP introduces Active Validation Services (AVS), which are pre -integrated and optimized to support efficient transaction processing and status verification.

These services include:

• Decentralization sorting: Provide transaction sorting services for Rollup, reduce a single risk of dependence, and improve the degree of decentralization of the system.

• Status correctness verification: Make sure that all status changes in rollup are correct and improve the overall safety of the system.

• Quickly final determination: Fast confirmation of the transaction status through an effective verification mechanism, reducing the transaction confirmation time, and increasing the response speed and user experience of the network.

Re -mortgage mechanism

• In RESTAKED Rollup, participants need to use their assets (such as Alt token) as mortgages to participate in the security and operation of Rollup.This mortgage not only provides additional security guarantee for the network, but also allows mortgagers to get rewards while helping guarantee network security.

Modular component

RESTAKED Rollup designed multiple modular components, so that the entire system can more flexibly adapt to different application requirements and expansion requirements:

• Vital Mach Squad: This is a set of specially designed modules to process and verify transactions to ensure high performance and high security of rollup.

• Versatile Rollup Stack: Provides multi -layer architecture support for Rollup, including settlement layers, transaction processing and verification layers, and data availability layers, which enhance the overall scalability and flexibility.

Security and decentralization

Rest11d Rollup strengthens security and decentralization characteristics through multiple mechanisms:

• Multiple verifications: Those who do not rely on a single verification, but have participated in the processing and verification transactions through multiple verificationrs to reduce centralized risks.

• Fraud certification system: When detecting possible fraud, the system can generate evidence of fraud and provide evidence of errors or malware to the network, which further enhances the security of the network.

These features of Rest11d Rollup enable Altlayer to provide a safe and efficient Layer 2 solution, which is particularly suitable for handling high throughput and blockchain applications that require high security guarantee.

(2) Rollup-As-A-Service (RaaS)

Altlayer’s ROLLUP-As-A-Service (RaaS) is an innovative service, which aims to simplify and accelerate the deployment and management of ROLLUP technology.The core goal of this service is to enable developers to quickly and efficiently start and run custom Layer 2 solutions, regardless of their technical background.

The following is a detailed introduction to several key aspects of Altlayer Raas:

Non -code interface

Altlayer’s RaaS provides a user -friendly interface that allows users without any programming knowledge to deploy ROLLUP within a few minutes.This is implemented by simplified graphical user interface (GUI), which contains preset options and templates. Users only need to configure and start rollup only through simple click operations.

Modular structure

Altlayer’s RAAS function is based on a modular architecture, which allows users to customize different running timelines, data availability layers and settlement layers.For example, users can choose the running time based on Ethereum Virtual Machine (EVM) or Webassembly (WASM), combined with data usability layer of internal or external such as Celestia, and using Ethereum or other blockchain networks as settlement layers.

Dynamic expansion ability

Altlayer’s Rollups design is highly elastic and can be dynamically expanded according to application requirements.This means that when demand increases (such as large -scale airdrop activities or token issuance), Rollup can quickly expand its processing capacity, and when demand is reduced, it can be reduced accordingly to optimize resource use and cost efficiency.

Security and decentralization

By using heavy escort technology and decentralized sorting mechanism, Altlayer’s RAAS enhances the security and decentralization level of the Rollup solution.This includes the use of multiple independent authenticants to disperse risks, and to improve the trust and security of the verifications through the re -mortgage function provided by the EIGENLAYER protocol.

Fast final determination

RaaS has accelerated the final certainty of the transaction by providing improved verification and sorting process.This is especially important for applications that need to respond to time, such as online games and real -time trading platforms.

Multi -chain and multi -environmental support

Altlayer’s RAAS supports multi -chain deployment, which means that users can deploy and manage ROLLUP in different blockchain environments, including but not limited to Ethereum, Arbitrum, and other compatible EVM networks.This provides developers with great flexibility, enabling them to choose the most suitable underlying technology according to the specific needs of the project.

Crack proof and enhanced security

RaaS also includes a fraud certification system that allows any network nodes to notify the network when detecting potential fraud transactions.This mechanism enhances the overall safety of the operation and improves the trust of all participants.

In short, Altlayer’s Rollup-As-A-Service (RaaS) aims to provide a efficient, safe and easy-to-use service to reduce the technical threshold of the complex Layer 2 solution, and at the same time provide necessary flexibility and scalability.To meet the needs of various application scenarios.

3. AlT tokens

Alt tokens are native practical tokens of the Altlayer ecosystem.

With multiple uses and functions, it aims to support and motivate the operation and development of the network:

• Economic link: Alt token holders can mortgage their tokens to participate in the consensus mechanism and get rewards for the protection of the network.This mechanism not only helps ensure the security of the network, but also reduces the bets when detecting malicious activities to further enhance the resistance of the network.

• Governance: ALT token holders have voting rights and can participate in the development direction and operating strategy of determining the agreement.This governance model promotes decentralized decision -making process and allows community members to directly participate in the management and improvement of the Altlayer ecosystem.

• Fees: In the Altlayer ecosystem, all transaction costs, storage costs and other service costs can be paid with AlT token.This includes from simple transactions to more complicated operations such as contract execution. This use of tokens ensures its liquidity and practicality.

• Incentive mechanism: Operators and verifications are rewarded by providing network services.This mechanism inspires participants to maintain the activity and security of the Internet while ensuring the quality and efficiency of the service.

Through these functions, ALT tokens not only support Altlayer’s technical infrastructure, but also promote the community’s participation and the overall healthy development of the ecosystem.The holder can not only benefit from the growth of the Internet through the investment of the ALT token, but also affect the future of governance and other activities to affect the future of the ecosystem.

The total supply of ALT is 10,000,000,000 ALT; the circulation volume of Launchpool, Binance is 500,000,000 ALT, accounting for 5%of the total supply; the team distribution is 1,500,000,000 ALT, accounting for 15%of the total supply; the distribution of investors is 1,850,000,000 ALT, accounting forThe total supply was 18.5%; the consultant distribution was 500,000,000 alt, accounting for 5%of the total supply; the agreement development distribution was 2,000,000,000 ALT, accounting for 20%of the total supply;15%of the supply; the database distribution was 2,150,000,000 alt, accounting for 21.5%of the total supply.

As of now, the latest price of Alt tokens is $ 0.5712.The price has increased by about 0.53%in the past day, showing positive growth.The market capitalization of Alt token is $ 628,333,289, and it ranks 131st among all cryptocurrencies.

4. Team/financing situation

Altlayer was founded by Zilliqa (the first blockchain network that implemented a shard), the former general manager Jia Yaoqi, the former general manager of Parity Asia (blockchain infrastructure service company), and more than 20 members of his team.

Altlayer also obtained more than $ 7.2 million from top funds and investors from all over the world, including Polychain Capital, Breyer Capital, JUMP, Gavin Wood, etc.For example, in July 2022, Altlayer completed $ 7.2 million seed round financing.Leaded by Polychain Capital and Jump Crypto, well -known investors such as Polkadot founder Gavin Wood, former Coinbase CTO Balaji Srinivasan also participated.In August 2023, Binance Labs also invested.

Altlayer’s team has a strong background, with members from top projects in the blockchain field, with strong technical teams and funding support.

5. Future development

Ethereum’s liquidity and user traffic have brought huge ecological opportunities to the project, but the high GAS fee and congestion on the chain also plague the project experience and further development.Altlayer was born under such demand.

With the rise of modularity concepts, especially with Celsetia Promise, it has continuously obtained the qualifications of air investment in different projects, and the modular blockchain has received more attention.

As a decentralized and highly scalable L2 solution, Altlayer may also achieve good development under the drive of modularity concept, so stay tuned.

In addition, Altlayer has attracted considerable market capitalization and performs active on the exchange.This shows that it has certain liquidity and investor attention, and it may be positive signals for future capital growth and expansion.

Of course, Altlayer, as an emerging project involved in the field of cryptocurrency, will face many opportunities and challenges in the future:

opportunity

• Industry growth: With the popularity of blockchain technology and the maturity of the cryptocurrency market, the demand for high performance and low -cost Layer 2 solutions has continued to increase, which provides huge market opportunities for Altlayer.

• Technical innovation: Altlayer’s RESTAKED Rollup technology and RAAS platform have potential to simplify complex blockchain operations and improve transaction efficiency, helping developers and corporate customers.

• Modular architecture: The modular design of Altlayer supports different blockchain technology and execution environment, so that it can adapt to diversified market demand and technological development.

• Partners and ecosystems: By establishing partnership and a healthy ecosystem, Altlayer can promote its widespread use of technology and token.

• Governance and community participation: With the rise of decentralized finance (DEFI) and community governance models, Altlayer can use its decentralized characteristics to attract wider participants.

challenge

• Fierce competition: The competition in the blockchain field is very fierce. Many projects are developing Layer 2 solutions. Altlayer needs to stand out in this field.

• Technical complexity: Although Altlayer’s technical innovation has advantages, it may encounter performance and security challenges in practical applications.

• Market fluctuations: The volatility of the cryptocurrency market may affect token value and project funds, and challenge the stable development of the future.

• Regulatory risks: The regulatory attitude of cryptocurrencies in different regions of the world is large, which may affect the operation and expansion of Altlayer.

• User admission rate: How to attract non -technical users and ensure the friendship of user interface and experience is essential for Altlayer’s widely adopting.

• Security: While expandability and efficiency while ensuring network security, it will be one of the technical challenges that Altlayer must face.

In short, Altlayer is full of opportunities in future development, but also faces many challenges.Whether the project can be successful will depend on how it uses these opportunities and how it cope with these challenges.The strategic decision -making, technical execution capabilities and flexibility of the project team will be the key factor.