What is Nostr?
beitmenotyou / Michael J Burgess
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2024-03-12 23:05:37

beitmenotyou on Nostr: https://www.youtube.com/watch?v=kT4PMG75NT8 Exploring the frontier of #Ethereum ...

https://www.youtube.com/watch?v=kT4PMG75NT8 Exploring the frontier of #Ethereum scaling with over $22 billion in TVL, #Layer2 solutions are pivotal. With 39 active L2s, the competition is fierce, yet #Arbitrum and #Optimism lead. The emerging narrative of #ReStaking, pioneered by #Enjin, introduces a game-changer, allowing ETH to be reused to secure other chains, boasting over $3.2 billion in stake.

Enter #AltLayer, blending #ReStaking with L2s to offer native and re-stake #OptimisticRollups and #ZKRollups. This innovation promises to alleviate congestion, reduce gas fees, and enhance security, offering a diverse ecosystem of rollups tailored for various needs, from general-purpose to application-specific.

#AltLayer's ecosystem thrives with projects spanning #gaming, #DeFi, #NFTs, and the #metaverse, leveraging scalability, security, and interoperability. For instance, #KTH, a DeFi-powered space game, and #Oasis, a decentralized metaverse platform, integrate AltLayer's rollups for improved performance and cross-chain interoperability.

With a fixed supply of 10 billion tokens, #ALT is the utility and governance token within AltLayer's ecosystem, enabling governance, staking, fee payment, and access to services.

As AltLayer forges ahead, its roadmap includes expanding rollup stacks and ecosystem projects, aiming to lead in blockchain scalability and Web3 application adoption.

#Blockchain #Web3 #Scalability #Innovation
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