AltLayer's MARCH-APRIL 2024 Recap

March-April were crucial months. We piloted staking, launched the first MACH AVSes on EigenLayer's mainnet & announced key partnerships. We took to the stage at Tier 1 events across Hong Kong and Dubai (Token 2049/Web3 Festival & many more), and hosted Restaked Rollups Day, exchanging ideas with top minds. 🚀

Get the scoop here: https://blog.altlayer.io/altlayer-march-april-recap-2024-e5723791ec20

To review all our incredible announcements & milestones, visit:
https://www.altlayer.io/updates

Introducing Dual Staking for Cyber MACH Network

Following the debut of LaunchPool for Xterio and DODOChain powered by our innovative MACH solution, we are thrilled to bring you the Dual Staking Pool with Cyber.

With this news, you can now:
- Delegate ETH & LSTs via @eigenlayer AVS or;
- Stake ALT and CYBER tokens to secure Cyber MACH

Be part of a revolutionary social layer and earn ecosystem rewards!

Details on how to delegate, stake, or restake with reALT ...

➡ https://blog.altlayer.io/introducing-dual-staking-for-cyber-mach-network-40461238530e ⬅

📢 Restaked Rollup (MACH) Adds Support for Arbitrum One Mainnet

AltLayer’s fast-finality AVS 'MACH’ now supports Arbitrum One Mainnet! This major integration extends the power of Eigenlayer via restaked rollups to one of the most active L2 crypto ecosystems!

Users and dApps on Arbitrum One can now leverage MACH and benefit from (a) Faster finality with economic backing; (b) State verification with a shared security guarantee and (c) Faster interoperability.

AltLayer MACH also offers streamed access to rollup states/blocks for exchanges, bridges, explorers & other ancillary services in the Arbitrum ecosystem. By tapping into AltLayer MACH, these providers in the Arbitrum ecosystem can offer a faster service to the end users! 🔥

More on what this means for all our builders: https://blog.altlayer.io/altlayers-restaked-rollup-product-mach-adds-support-for-arbitrum-one-9f02617b8f19

Launching the 1st consumer AIoT restaked rollup: GM Network

AltLayer is thrilled to launch the 1st Consumer AIoT Restaked Rollup for GM Network as their MACH AVS goes live on EigenLayer.

You can now secure GM Network MACH by:

✦ Restaking with ETH/LSTs: https://app.eigenlayer.xyz/restake
✦ Restaking with reALT: https://stake.altlayer.io/vaults/4/staking-pools

AltLayer's MACH (fast-finality) AVS is key to optimizing & securing GM's chain activity and performance. Their state-of-the-art AI+ IoT network will benefit greatly from our ecosystem of stakers, who will strengthen the network & secure MACH 💪

https://blog.altlayer.io/launching-the-1st-consumer-aiot-restaked-rollup-gm-network-7dbdf161993e

UPDATE: Change in ALT Token Vesting Schedule

In a strategic move to ensure the long-term stability of our token and ecosystem growth, we have updated the ALT token vesting schedule. Our key stakeholders are aligned with this change, and have agreed to accept a 6-month pause in the vesting schedule following the first unlock on July 25, 2024. Following this, there will be no new token unlocks for investors, team, or advisors, treasury & others, for six months.

Kindly take note of the important dates:

First unlock: July 25, 2024
Vesting paused for 6-month for all stakeholders: July 26, 2024 - Jan 24, 2025
Next unlock: Jan 25, 2025
Monthly vesting: Over 2 yrs for investors & partners. 3 yrs for team, treasury, & others from Jan 25, 2025

For more information, please refer to https://blog.altlayer.io/change-in-alt-token-vesting-schedule-6f6a3857ce80

The public testnet for zksync's ZK Chain is now Live!

Experience enhanced user experience, high interoperability, and customization capabilities with us.

⭐ Try it now ⭐
https://rollup-info.altlayer.io/public/zksync_public_testnet

Brussels was a blast. Singapore will be even more sensational 💥

AltLayer proudly brings you RESTAKED ROLLUP DAY SINGAPORE 2024, to be held alongside Token 2049 🇸🇬

Save the date for 20 September. Details 🔜

AltLayer 🤝 BlockSec

AltLayer builders can now secure their rollups using Blocksec's trusted full-stack security services including blockchain auditing, reliable threat monitoring & blocking platform Phalcon & their STOP solution that prevents sequencer-level hacks 🛡️

For more: https://blocksec.com/

AtLayer MACH is proud to be the newest AVS supported by the Coinbase operator

Coinbase's engagement in EigenLayer and AltLayer's ecosystem, and their endorsement of AVS, will play a big role in bringing thousands more into the restaked rollups world, and ring in a new era for Ethereum 🌎

Welcoming you to delegate to Coinbase's operator using this guide: https://docs.cdp.coinbase.com/delegation/docs/eigenlayer-delegation/

More: https://www.coinbase.com/en-sg/developer-platform/discover/protocol-guides/guide-to-altlayer

To recap, MACH (fast-finality) is part of AltLayer's comprehensive AVS suite, designed to accelerate Ethereum and advance its mission. The others include VITAL (verification) & SQUAD (decentralized sequencing). Together, these act as a powerful engine to enhance rollup performance 🚀

MACH, which supports both ZK and optimistic rollups, provides fast confirmation for rollup transactions, crypto-economic security & support for different proof systems/runtimes. MACH can verify the validity of rolllup states in various modes ⚡

Staking plays a central part in securing our restaked rollup products. By leveraging Eigenlayer's restaking mechanism, the collateral deposited to secure MACH is then used to attest to the validity of rollups.

In turn, our trusted network of operators and supporters grow the AVS world.

INTRODUCING WIZARD 🪄
The world’s first AVS-as-a-Service platform designed to hyper-accelerate AVS adoption

AltLayer has introduced the first AVS-as-a-Service platform offering rapid AVS deployment and management for builders in the EigenLayer ecosystem. Called “WIZARD,” this platform empowers builders to leverage Actively Validated Services (AVSs) using templatized tools, creating a 10x faster and 100x easier experience than manual AVS deployment.

WIZARD features a sleek and simple UI/UX and offers services like faster finality, and bridges - helping hyper-scale AVS adoption without worry, and reducing deployment time from months to minutes!

With Wizard, we’ve made a big leap forward in growing and enriching the restaking ecosystem.

➡️ Now available in public alpha mode: https://wizard.altlayer.io/
▶️ Tutorials: https://www.youtube.com/watch?v=_9xSxsEj9kg&list=PLUFg68W_DON5LDCML49a3AfrQ8kPhJPpo
📜 Documentation: https://docs.altlayer.io/altlayer-documentation/wizard/introduction
🗞️ Making headlines: https://blockworks.co/news/altlayer-wizard-for-eigenlayer-avs
🦦 All info! https://blog.altlayer.io/introducing-wizard-the-worlds-first-avs-as-a-service-platform-designed-to-hyper-accelerate-avs-5988794ac9b0

AltLayer 🤝 DataHive

We are thrilled to share that DataHive's 1st AI Data Asset Layer 2 - the future of decentralized legal compliance - is now live on AltLayer. It is powered by Optimism's OP Stack & 0G Labs' programmable DA layer.

🔷 Testnet live on AltLayer:
https://datahive-testnet-explorer.alt.technology/

We look forward to helping DataHive build the future of data privacy & ownership with rollups! 🚀 Rollup infra will be critical in enabling & securing live data & its assetization, & providing real-time compliance, credit protection, identity ownership solutions to DataHive's customers.

More: https://www.datahive.network/post/datahive-launches-testnet1-on-op-sepolia-facilitated-by-altlayer-advancing-integration-with-0g-aios

Uprising L2 🤝 AltLayer

AltLayer is all set to be the resilient & scalable infra engine behind Uprising Labs' L2, built on Oasys L1.

Uprising Labs is special.
Here, the player is in the driver’s seat. They can own gameplay, content creation, liquidity contribution & more.

With rollups, they’ll accelerate! #LFG

https://x.com/alt_layer/status/1838628627744985186

https://uprisinglabs.io

📢 AltLayer & EigenLayer announce AVSthon offering attractive rewards to Top 100 AVS builders

AltLayer & Eigenlayer are thrilled to bring you AVSthon: A month-long hackathon in which you can unleash the powers of WIZARD: our AVS-as-a-Service platform.

AVSthon is a great opportunity for builders to experiment with powerful AVS solutions like sequencers, asset-bridging tools, oracles, co-processors & more.

$80,000+ in rewards in ALT & USDC from AltLayer & EigenLabs are up for grabs💰

…And what’s even more exciting? The top 3 projects will be invited to present at the Devcon edition of our Rollup Day event, which has in the past welcomed legends like Vitalik Buterin, Balaji Srinivasan, Sreeram Kannan, & very own YQ among others!

Feel the full force of Wizard’s magic. Build Boldly! 🪄

📝 Register: https://forms.gle/dY43586nLaMVkr4b9
📖 Read: https://blog.altlayer.io/altlayer-eigenlayer-announce-avsthon-offering-attractive-rewards-to-top-100-avs-builders-b9ea7a097c97
💻 Try: https://wizard.altlayer.io/

Welcoming our first partners launching an AVS on our AVS-as-a-Service platform "Wizard" - GoPlus Security & Hemera Protocol 🥳

With Eigenlayer-enabled AVSs & Wizard's features, they'll enjoy a 10x faster + 100x easier deployment experience.

Let's zoom into how they will benefit ↓

https://blog.altlayer.io/goplus-and-hemera-to-be-the-first-to-launch-avss-on-altlayers-avs-as-a-service-platform-wizard-d817e9fa84c8

AltLayer partners with Succinct to bring 'OP Succinct' to developers!

OP Succinct offers faster finality, ZK proofs, and full EVM equivalence with no out-of-pocket proving costs to AltLayer’s RaaS users deploying on Optimism's OP Stack.

This offers a seamless way to upgrade any existing OP Stack rollup to use ZKPs in just 1 hour!

Armed with full EVM compatibility, it enables fast, affordable, and frictionless integration of validity proofs in OP stack rollups.

Discover more of its awesome benefits 🔎 ↓

https://blog.altlayer.io/altlayer-partners-with-succinct-bringing-op-succinct-to-developers-77a7630d8a16

We're pumped to welcome 3 new track partners for our AVSthon, co-hosted with Eigenlayer!

1️⃣ Automata
2️⃣ Lagange
3️⃣ Brevis

Details of the awesome bounties to be revealed at the AVSthon Kick-off!

🗓️ 10 October
⏰ 8 PM SGT (GMT+8)
📍Twitter: @Alt_layer

Join us tomorrow!

Show us your building spirit at AVSthon!


15,000 viewers on AVSthon kickoff day.
137 registered hackers.
7 more days to win $80,000+ in rewards.

Inventive dApp ideas. Insane Energy. Let's GO!
↓
https://avsthon.devfolio.co/

AltLayer launches 1st security-focused AVS mainnet in the market for GoPlus.

The AVS is economically secured by EigenLayer's restaking mechanism, offering a sophisticated security services operation for 12M+ wallet users, mitigating risk & guaranteeing transparency!

With this AVS, GoPlus will become the 1st fully decentralized security provider offering:
▪ Anti-Phishing/Anti-Scam
▪ Token Security Analysis
▪ Malicious Address & AML Detection
▪ Detection of potential MEV attacks

Via Wizard, GoPlus can enjoy EigenLayer’s trusted, pre-approved operators, end-to-end AVS management, and comprehensive AVS data 🚀

https://blog.altlayer.io/altlayer-launches-goplus-avs-mainnet-the-first-ever-security-focused-avs-in-the-market-bbf68418cc4f

INTRODUCING BLITZ! AltLayer's new fast-finality layer that taps into Babylon's BTC staking - made especially for Arbitrum Orbit chains!

BLITZ is designed to fix slow finality in optimistic rollups that Orbit chain rollups often face. BLITZ's near-instant finality is invaluable for latency-sensitive applications such as games, DeFi & SocialFi etc.

What drives BLITZ and makes it unique?
BLITZ leverages native BTC staking through Babylon to provide crypto-economic guarantees. Staked BTC acts as collateral for slashing -- keeping the fast finality providers in check!

BLITZ also enhances cross-rollup bridging - reducing liquidity fragmentation & enabling stronger cross-chain interoperability - taking the Arbitrum Orbit L2 ecosystem to a new, "super-fast" & more scalable era.

What's next? Get involved!
➡️ Staker: via Babylon's staking protocol
➡️ Orbit Chain: 📥 [email protected]

RESOURCE: https://blog.altlayer.io/altlayers-fast-finality-network-for-arbitrum-orbit-chains-blitz-is-now-live-5e511ed976d4

ECOSYSTEM UPDATE!

Excited to integrate our RaaS with OpenLedger's rollup, which runs atop Optimism's OP Stack!

Our product will help OpenLedger's decentralized trust infra thrive, boosting performance of the datanets that fuel a dynamic & transparent AI era in Web3.

https://www.openledger.xyz/

Excited to support top exchange HashKey as they join Optimism's Superchain fam! AltLayer's rollup infra will be integral to accelerating Hashkey Chain's mainnet, expanding network capacity, and offering their users a superior, seamless experience on-chain.

⭐ Benefits deploying with Hashkey Chain ⭐
Offers complete EVM compatibility. So it's easy migration & interoperability for devs/dApps
Incorporates utility token HSK- aiding asset tokenization and sustainable, incentivized ecosystem growth

📈 Tremendous Testnet success. The chain recorded:
24.7M txns from
860,000+ wallet address
Avg block time: 2 seconds
50+ projects deployed

Sitting front-row to see how RaaS can boost this for mainnet! Let's accelerate! 🚀

https://x.com/HashKeyHSK/status/1869200916492021999

https://x.com/alt_layer/status/1869351952599150801