AltLayer ( $ALT ) is a decentralized protocol designed to address the scalability and security challenges of blockchain networks, focusing on the development of rollups.
How do they work?
By processing most transactions off the main chain, rollups significantly reduce the workload of layer 1, which translates to:
Higher speed: The performance of transactions ( #TPS ) increases significantly.
Lower costs: Users pay a fraction of the original gas fees, as the cost of registering the batch is divided among all the transactions it contains.
In summary ...
#AltLayer is not just another scaling solution; it is a modularity architect, offering a "turnkey" service for the world of rollups. Its central innovation is the Restaked Rollups, which act as a sort of armor for security and speed. Rather, imagine it as putting a turbo and a cryptographic bodyguard on any rollup. By integrating the restaking technology of EigenLayer, #AltLayer it allows rollups to "self-insure" using the staked capital from other networks, thereby gaining a decentralization and a rapid finality that traditional rollups lack.
And its native token, $ALT , is the fuel for this modular engine, used to pay fees, incentivize security, and participate in governance. Essentially, AltLayer is democratizing the creation of execution layers, making high-performance rollups accessible to everyone.