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altLayer: Innovation of re-pledged Rollup platform
AltLayer is currently the only platform that provides re-pledged rollup services. Through its vertically integrated active verification service (AVS), it has achieved a more decentralized, secure, interoperable and efficient rollup. The following is a detailed introduction to the AltLayer platform:
Services and technologies
AltLayer provides three main services:
VITAL: decentralized rollup status verification. MACH: fast final deterministic network. SQUAD: decentralized sorting framework.
These services are created on demand for specific rollups through decentralized verification, fast finality, and decentralized ordering, and are compatible with all underlying rollup stacks.
Project Vision
AltLayer aims to accelerate the expansion of Web3 through modular, decentralized, temporary, fast finality, and re-staking rollups. Through these innovations, AltLayer hopes to improve the scalability and interoperability of blockchains and provide more flexible and efficient solutions for users and developers.
Investors
AltLayer's investors include many well-known institutions and individuals:
Institutional investors: SevenX Ventures, Polychain Capital, Binance Labs, Jump Crypto, Breyer Capital, DAO5. Individual investors: Balaji Srinivasan, former CTO of Coinbase, Gavin Wood, co-founder of Ethereum and Parity, Sean Neville, co-founder of Circle, and Ryan Selkis, founder of Messari.
Project Advantages
Complete product matrix:
AltLayer provides a versatile rollup stack that has been integrated with all mainstream modular technology stacks to meet different rollup needs. AltLayer is the only RAAS platform that natively supports WASM and non-EVM runtimes. Users can launch rollups that use various settlement layers (such as Ethereum, Avalanche, Arbitrum, etc.).
Fast product iteration, at the forefront of technology:
AltLayer works closely with industry leaders such as OP Labs, RISC Zero team, EigenLayer, etc. to continuously update and iterate its products. AltLayer works with EigenLayer to build re-staking rollup and support EigenDA. The re-staking rollup stack, including VITAL and MACH, will be gradually launched in 2024. Work with Risc Zero to develop zero-knowledge fraud proof (zk-fraud proof).
Summary
AltLayer has demonstrated its leading position and technical strength in the cryptocurrency field through its innovative re-staking rollup service and strong technical cooperation. With the continuous iteration of products and continuous breakthroughs in technology, AltLayer is expected to play an important role in the future Web3 ecosystem.
The services and technologies provided by AltLayer can meet the needs of different developers and users, and promote the further development and application of blockchain technology. Through continuous innovation and strong partnerships, AltLayer will continue to play an important role in the DeFi and blockchain fields.
