Buy AltLayer (ALT)
What is AltLayer?
AltLayer is an open and decentralised protocol designed for rollups. It aims to enhance security, decentralisation, interoperability, and fast finality in blockchains through restaking mechanisms. The platform supports multiple virtual machines such as EVM and WASM, and enables decentralised sequencing with economic backing.
How does AltLayer work?
AltLayer operates as a decentralised protocol for rollups by integrating multiple rollup stacks. It leverages EigenLayer's staking mechanism to improve security, decentralisation, interoperability, and provide fast finality. AltLayer supports various blockchain networks like Ethereum, Solana, Arbitrum, and Optimism, maintaining compatibility with EVM and WASM virtual machines. It uses a combination of GRANDPA consensus protocol for block producers and verification processes for stronger finalization.
What are the potential use cases for AltLayer?
AltLayer's potential use cases span several sectors, including:
- Web3 Gaming: Providing scalable solutions for gaming platforms.
- SocialFi Platforms: Supporting decentralised social finance applications.
- DeFi Applications: Facilitating decentralised finance projects with improved scalability and interoperability.
- AI-native Apps: Enabling AI-driven applications with blockchain integrations.
- Data Availability Solutions: Enhancing data management and accessibility across blockchain ecosystems.
What is the history of AltLayer?
AltLayer was founded in 2018 by a team experienced in blockchain technology. It has achieved significant milestones including the development of sharding technology, smart contract implementation, and strategic funding rounds. It has evolved to focus on Rollup-as-a-Service solutions, re-staking technology, and layered finality mechanisms. Over time, AltLayer has grown from a small blockchain firm to a recognized player in the industry, offering innovative solutions worldwide.
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Frequently Asked Questions (FAQs)
What is the current price of AltLayer (ALT)?
The AltLayer price is $0.13539491 AUD, representing a -17.65% from the day prior.
Where is the best place to buy AltLayer (ALT) in Australia?
The best place to buy AltLayer (ALT) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell AltLayer (ALT) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of AltLayer (ALT)?
The trading volume of AltLayer (ALT) is $110.7M AUD in the last 24hrs, representing a -17.65% from the day prior.
How can I buy AltLayer (ALT)?
AltLayer (ALT) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of AltLayer (ALT)?
The current market cap of AltLayer (ALT) is $305.2M AUD.
Can I convert AltLayer (ALT) to cash?
Yes - With Coinstash you can convert your AltLayer (ALT) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many AltLayer (ALT) are there?
The current circulating supply of AltLayer (ALT) is 2.3B.
Is Coinstash a safe place to buy AltLayer (ALT) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling AltLayer (ALT) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.