AltLayer is a system designed to enhance the scalability of blockchain applications by providing dedicated execution layers. These layers, which support both EVM and non-EVM blockchains, aim to improve transaction processing during high demand periods, thus ensuring a smoother user experience and reduced fees.
Altlayer
Infrastructure
Security
+1
Description
Here's how it works:
- Elastic Scaling: AltLayer offers on-demand, elastic execution layers that adjust to handle transaction surges, preventing congestion on the primary blockchain layer.
- Compatibility: It supports both EVM (Ethereum Virtual Machine) and non-EVM chains, like Polkadot, enabling a wide range of applications to benefit from its features.
- Rollups-as-a-Service: Developers can utilize AltLayer's tools to build and scale web3 applications more affordably, combining the security of Layer 1 with the flexibility of app-specific rollups.
- Modularity and Affordability: Designed for easy setup and disposal, these app-specific rollups are modular, making them both cost-effective and adaptable to various use cases.
- Asset Settlement: Users can settle their assets back to the underlying blockchain seamlessly when the dedicated execution layer is no longer needed.
- Focus Areas: Initially, AltLayer will concentrate on applications within the gaming, NFT, and metaverse sectors, where transient scaling solutions are often crucial.
In summary, AltLayer introduces a scalable, flexible, and efficient solution for blockchain applications facing high transaction volumes, specifically targeting areas like gaming and the metaverse to improve overall performance and user experience.