AltLayer (ALT)

What is AltLayer

AltLayer is developing a novel scaling solution that allows application developers to launch highly elastic execution environments. AltLayer can be seen as a system of individual optimistic rollups that derive security from an underlying Layer 1 (e.g., Ethereum) or Layer 2 (e.g., Arbitrum and Optimism), with each rollup tailored to a specific application. The system is designed for a multi-chain and a multi-VM world and therefore will have native support for EVM as well as WASM.

A key innovation that AltLayer brings to the scaling solution space is the idea of disposable execution layers. With AltLayer, a dApp developer expecting a surge in traffic for his application could:

• Quickly spin up a fast and scalable rollup secured by a Layer 1
• Use the rollup for as long as needed and thereby prevent clogging of blockspace in the underlying Layer 1, and then
• Dispose of the rollup by performing an “end-of-life” settlement on the Layer 1

This makes the entire system highly resource-optimized. The execution layer and its resources are called upon only when the dApp expects a considerable demand that a Layer 1 can’t handle and once the demand tapers off, the dapp can move back to the Layer 1.