Name : AltLayer (ALT)
ALT Price : $0.363 -4.42%
Consensus Mechanism : Proof of Validity (PoV)
Volume: 51,598,195
Market Cap: 399,766,063
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Last Screening: Q1 2024
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Overview
AltLayer introduces an open, decentralized protocol for rollups, featuring Restaked Rollups for enhanced security and decentralization. These Restaked Rollups leverage EigenLayer's restaking mechanism and consist of three key services: state correctness verification, faster finality, and decentralized sequencing. AltLayer's versatile Rollups-as-a-Service (RaaS) launchpad enables quick deployment of customized rollups in multi-chain, multi-VM environments, supporting various SDKs and sequencing services. Additionally, AltLayer introduces ephemeral rollups, allowing developers to quickly deploy and dispose of application-tailored rollups as needed, promoting cost-effective experimentation and innovation in a permissionless environment.
Whitepaper & Documents
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