{"id":9906,"date":"2024-01-17T13:38:07","date_gmt":"2024-01-17T13:38:07","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=9906"},"modified":"2024-01-17T13:47:42","modified_gmt":"2024-01-17T13:47:42","slug":"what-is-altlayer-alt-binances-new-launchpool-project","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/what-is-altlayer-alt-binances-new-launchpool-project\/","title":{"rendered":"What is AltLayer (ALT), Binance&#8217;s new Launchpool project?"},"content":{"rendered":"<p data-sourcepos=\"3:1-3:193\">AltLayer is a fully open and decentralized protocol developed for multiple Roll-ups. In addition to its decentralization, AltLayer offers innovations such as high security and interoperability.<\/p>\n<blockquote>\n<p data-sourcepos=\"3:1-3:377\">You might like: <a href=\"https:\/\/coinengineer.net\/blog\/altlayer-alt-binance-exchanges-45th-launchpool-project\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><strong><em>AltLayer (ALT), Binance Exchange\u2019s 45th Launchpool Project<\/em><\/strong><\/span><\/a><\/p>\n<\/blockquote>\n<p data-sourcepos=\"5:1-5:340\">The project has developed these capabilities with a system called Restaked Roll-up. Thanks to Restaked, Roll-ups can be produced in the fastest and safest way using Roll-up stacks such as OP Stack, Arbitrum Orbit, ZKStack, and Polygon CDK. Additionally, this system uses the EigenLayer restaking mechanism to create a decentralized network.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/what-is-altlayer-alt-binances-new-launchpool-project\/#What_does_it_do_What_opportunities_does_it_offer\" title=\"What does it do? What opportunities does it offer?\">What does it do? What opportunities does it offer?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/what-is-altlayer-alt-binances-new-launchpool-project\/#What_makes_the_AltLayer_project_so_important\" title=\"What makes the AltLayer project so important?\">What makes the AltLayer project so important?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/what-is-altlayer-alt-binances-new-launchpool-project\/#What_is_the_ecosystem_of_the_AltLayer_project\" title=\"What is the ecosystem of the AltLayer project?\">What is the ecosystem of the AltLayer project?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 data-sourcepos=\"7:1-7:54\"><span class=\"ez-toc-section\" id=\"What_does_it_do_What_opportunities_does_it_offer\"><\/span>What does it do? What opportunities does it offer?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-sourcepos=\"9:1-9:240\">The Restaked Roll-ups in the AltLayer project use the Actively Verified Services (AVS) system. These are divided into three: VITAL (AVS for decentralized verification), MACH (AVS for fast results), and SQUAD (AVS for decentralized sorting).<\/p>\n<p data-sourcepos=\"11:1-11:242\">The AltLayer project, which is built on such a protocol, offers many opportunities to users. Users who are not developers and do not know how to code have the opportunity to produce Customized Roll-ups in a very short time, such as 2 minutes.<\/p>\n<p data-sourcepos=\"13:1-13:137\">In addition, the AltLayer project interacts with and supports many DA layers such as OP Stack, Starkware, Celestia EigenLayer, and Avail.<\/p>\n<p data-sourcepos=\"15:1-15:168\">In addition to these, there is one more innovation. This innovation in the Roll-up design area is the concept of Ephemeral Roll-up. The benefits of this are as follows:<\/p>\n<ul data-sourcepos=\"17:1-20:0\">\n<li data-sourcepos=\"17:1-17:82\">A fast and scalable application on the Layer 1 side can produce Roll-ups faster.<\/li>\n<li data-sourcepos=\"18:1-18:67\">This Roll-up can be used seamlessly for the duration of its need.<\/li>\n<li data-sourcepos=\"19:1-20:0\">Roll-up can be thrown away with the &#8220;expiration date&#8221; option, if desired.<\/li>\n<\/ul>\n<h3 data-sourcepos=\"21:1-21:49\"><span class=\"ez-toc-section\" id=\"What_makes_the_AltLayer_project_so_important\"><\/span>What makes the AltLayer project so important?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-sourcepos=\"23:1-23:281\">Roll-ups are used in many places. But many of them are designed for general purposes or for application-specific uses. Today, Roll-ups can be produced heterogeneously using Arbitrum Orbit or ZKStack. However, AltLayer offers a universal and neutral protocol against this situation.<\/p>\n<h4 data-sourcepos=\"25:1-25:50\"><span class=\"ez-toc-section\" id=\"What_is_the_ecosystem_of_the_AltLayer_project\"><\/span>What is the ecosystem of the AltLayer project?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p data-sourcepos=\"27:1-27:292\">AltLayer works with Dapp developers to build partnerships with many projects in the ecosystem. In this way, it aims to both help new projects and grow with them. Currently, they have announced their partnerships with Arbitrum, Optimism, Polygon, Singularity, Snapshot, and many more projects.<\/p>\n<p data-sourcepos=\"27:1-27:292\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9904 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/AltLayer.webp\" alt=\"AltLayer\" width=\"768\" height=\"429\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/AltLayer.webp 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/AltLayer-300x168.webp 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/p>\n<p data-sourcepos=\"29:1-29:33\"><strong>The people behind the project<\/strong><\/p>\n<p data-sourcepos=\"31:1-31:238\">In addition to having many partnerships, the supporters of AltLayer also consist of important companies and individuals. For example, these include Kain Warwick, the founder of Synthetix, and Balaji Srinivasan, the former CTO of Coinbase.<\/p>\n<p data-sourcepos=\"31:1-31:238\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-9905 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/AltLayer-Backup-1024x790.png\" alt=\"AltLayer Backup\" width=\"1020\" height=\"787\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/AltLayer-Backup-1024x790.png 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/AltLayer-Backup-300x231.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/AltLayer-Backup-768x592.png 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/AltLayer-Backup.png 1072w\" sizes=\"auto, (max-width: 1020px) 100vw, 1020px\" \/><\/p>\n<hr \/>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram<\/strong>,<\/a>\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AltLayer is a fully open and decentralized protocol developed for multiple Roll-ups. In addition to its decentralization, AltLayer offers innovations such as high security and interoperability. You might like: AltLayer (ALT), Binance Exchange\u2019s 45th Launchpool Project The project has developed these capabilities with a system called Restaked Roll-up. Thanks to Restaked, Roll-ups can be produced<\/p>\n","protected":false},"author":1,"featured_media":9903,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,5],"tags":[3671,1011,151,295,1001,1927,84,3672,3673,3348],"class_list":["post-9906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","category-project-review","tag-altlayer","tag-arbitrum","tag-coinbase","tag-dapp","tag-optimism","tag-partnership","tag-polygon","tag-singularity","tag-snapshot","tag-synthetix"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is AltLayer (ALT), Binance&#039;s new Launchpool project? - Coin Engineer<\/title>\n<meta name=\"description\" content=\"AltLayer is a fully open and decentralized protocol developed for multiple Roll-ups. 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