Did you see it? There are many bears in the market now. Every day, people are shorting and shouting danger, asking everyone to cut their losses and leave. However, look at the whales, they are still buying! They bought Bitcoin for 20 million dollars without blinking an eye! The purchase price is as high as 63848USDT. Are you convinced? So arrogant! This is the real whale, not affected by the outside world! If you are bullish, just keep buying and holding and waiting! This is real skill!

Two whales have bought a total of 791 BTC today, equivalent to about 49.8 million US dollars

On May 14, according to Lookonchain monitoring, 2 whales bought 791 BTC (49.8 million US dollars) at the bottom today.

Since March 19, 1LXdAT has bought a total of 4,736 BTC (309 million US dollars) at an average price of 65,264 US dollars.

Since November 19, 2023, bc1qr4 has bought a total of 791 BTC ($35.7 million) at an average price of $45,156.

I am not a whale, but I also have my target, which is $ALT , which I have mentioned many times. It is the native token of #ALT再质押生态 . Many people say that Altlayer is the last piece of the puzzle of the public chain, which shows that everyone attaches great importance to it. AltLayer is a very useful decentralized and elastic Rollup-as-a-Service (RaaS) protocol that can help application developers launch highly scalable L2 applications with a very high degree of customization. It can easily connect to the first and second layer networks such as Ethereum, Polkadot, Cosmos, Arbitrum, Optimism, etc.

As the 55th mining project of Binance, AltLayer (ALT) is an open and decentralized Rollups protocol. Through AltLayer, the novel idea of ​​Restaked rollup is brought together, which takes existing rollups (derived from any rollup stack, such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK, etc.) and provides them with enhanced security, decentralization, interoperability, and crypto-economic rapid finality. Restaked rollups combine the simplicity of rotating rollups using rollup stacks such as OP Stack, Arbitrum Orbit, ZKSync by ZKStack, Polygon CDK, etc. with the power of EigenLayer's restaked mechanism to bootstrap network security and build a decentralized network.

For example, suppose a large project needs to perform a mintNFT operation. Due to the huge traffic, it is likely to cause congestion and gas surges. However, the project party can completely build a temporary second-layer network on AltLayer to complete the operation.After mintNFT is finished, the data will be transferred back to Ethereum, and the mission of this temporary second-layer network will be over. Doing so can not only avoid large-scale congestion on the Ethereum network, but also help the project party to successfully complete the required actions.

AltLayer supports evm and wasm by default, as well as multiple chains and various vms, so there is no need to worry about fault tolerance. It is basically suitable for projects on various chains.

Problems solved by Altlayer

Usually, on-chain congestion is unfair to many projects, especially for some start-ups and less well-known projects. However, as a general network, the Ethereum network will be blocked for everyone.

Therefore, there is naturally a great demand for solutions that can provide complete and convenient solutions to temporary congestion problems.

AltLayer has a strong background and is a company with strong support. At the beginning, AltLayer successfully completed a $7.2 million seed round of financing from investors such as Polychain Capital, Jump Crypto and Breyer Capital. In addition, some well-known people participated in the investment, including Ethereum co-founder Gavin Wood, Balaji Srinivasan, former Coinbase CTO and Circle co-founder Sean Neville, and Synthetix and Bodhi Ventures co-founders Kain Warwick and Jordan Momtazi.

Investors and investors are crucial to AltLayer. They are both endorsements of the company and partners with AltLayer. In addition, the team of AltLayer is also very good, especially the founder Yaoqi Jia, who served as director and general manager of Parity Asia and co-founder and CTO of Zilliqa.

Altlayer is a bull market project, because the frequent interactions on the bull market chain are prone to congestion, which will further highlight the power of Altlayer to expand the network.

AltLayer is the only platform that provides re-staking rollup services.

AltLayer's re-staking rollup is essentially a set of three vertically integrated active verification services (AVS), created on demand for specific rollups, which are compatible with all underlying rollup stacks.

— VITAL (decentralized rollup state verification)

— MACH (fast finality network)

— SQUAD (decentralized sorting framework)Through decentralized verification, fast finality, and decentralized sorting, AltLayer enables more decentralized, secure, interoperable, and efficient rollups.

Vision

Accelerate the expansion of Web3 through modularity, decentralization, temporary, fast finality and re-staking rollups.