What is Altlayer?
Altlayer is a decentralized Rollup-as-a-Service (RaaS) protocol specifically for application developers to help programmers deploy appropriate execution layers. The platform can be viewed as a system consisting of many individual optimistic rollups, in which each rollup will be customized to suit a specific application.
A notable point of Altlayer is that it is not limited to a specific Layer 1 or Layer 2, instead, it acts as a modular extensible solution and can connect to all EVM and WASM compatible blockchain.
Altlayer is built on a RaaS platform and has two main products:
SDK for Developers: This is a set of development tools for those who want to manage their own rollups. This SDK helps developers create and control custom execution layers more effectively and flexibly than other solutions.
No-code dashboard: This is an easy-to-use graphical interface that does not require the user to have programming experience. Thanks to that, even people with no coding training can create a custom implementation class within 2 minutes in just a few simple steps.
Main features of Altlayer
App customization: Altlayer was created to serve highly scalable projects such as GameFi, Metaverse, and applications that emphasize privacy protection. This model allows applications to customize or support specific support libraries, elements that are not available on conventional Layer 1 or Layer 2 chains due to virtual machine limitations.
Resource Optimization: Altlayer has adopted the concept of flash layering, making it possible for the protocol to create and release temporary execution layers to meet application needs. When a FlashLayer is removed, all associated resources are released and the dApp's state is rolled up on the Layer 1 chain.
Modular design with multi-VM support: Altlayer is capable of supporting various types of virtual machines to execute applications on the blockchain. Among them, the two most common types of virtual machines are EVM and WASM. This brings many benefits to application developers and allows building many different types of applications on the same blockchain platform.
Leveled Security: Altlayer uses a new approach to block completion. The project introduces a tiered system with three levels of completion: Execution layer, Verification layer and rollup layer.
High flexibility with ultra-low latency: Altlayer provides a discrete Layer 2 execution layer for dApp developers, with high flexibility and ultra-low latency.
Altlayer's strengths
Ease of use: Altlayer provides a Rollup-as-a-Service platform that allows developers to launch an application-specific rollup in minutes.
Low Gas Costs: Altlayer not only focuses on speeding up transactions, but also optimizes gas prices, reducing transaction costs to less than $0.01.
Transaction acceleration: Altlayer uses a flash layering system to solve the problem of block overload, helping to accelerate transactions up to 20,000 transactions per second (for 10 layers).
Wide range of applications: Altlayer supports various virtual machines such as EVM and WASM, opening up a lot of possibilities for diverse and flexible development and applications on the platform.
Highly Decentralized: Altlayer eliminates the single point of failure associated with centralized arrangers common on most other networks.
Conclude
Altlayer is a Rollup-as-a-Service platform with great potential for future growth. With outstanding features such as ease of use, low gas costs, transaction acceleration, wide application range and decentralization
