AltLayer is a decentralized protocol designed to improve blockchain scalability for Web3 applications. It achieves this by focusing on rollups, which are essentially layers built on top of existing blockchains to process transactions more efficiently. Here's a breakdown of what AltLayer offers:
Restaked Rollups: This is a novel concept that combines the ease of creating rollups with enhanced security and decentralization. It leverages existing rollup structures but adds a security layer through a process called "restaking."
Rollups-as-a-Service (RaaS): AltLayer provides a platform (RaaS) for developers to launch their own custom rollups. This includes an SDK for developers comfortable with coding and a no-code dashboard for those with less technical expertise.
Support for Different Rollup Technologies: AltLayer isn't limited to one specific rollup technology. It can be used with various options like Optimistic Rollup and zk-Rollup.
Improved Scalability and Finality: By using rollups, AltLayer aims to address scalability issues on blockchains by processing transactions off-chain and achieving faster finality, meaning transactions are confirmed more quickly.
In simpler terms, AltLayer provides tools and infrastructure for developers to build scalable blockchain applications. It offers various functionalities to make creating and deploying rollups easier and more secure.
