#ALTrestaking AltLayer/Altlayer/ALT

MyShell is a decentralized and comprehensive platform for discovering, building and staking AI-specific applications. MyShell is building MyShell Layer 2, the first AI Consumer Layer powered by EigenDA and Optimism. AltLayer has facilitated its goal of making blockchain seamless for 1.2 million web3+ AI users by securely deploying the testnet for MyShell Layer2

This March, ALT's highly anticipated token staking feature went live. This marked the beginning of the phased rollout of MACH Alpha: a rapid precision layer built on EigenLayer's reevaluation mechanism. Token staking empowers holders to become active participants in ensuring economic security

AltLayer will launch a gaming-focused reshared rollup for leading Web3 gaming platform and publisher Xterio. The Xterio chain will be operated and managed by AltLayer. It will operate as a Layer 2 built into Ethereum and will use OP Stack as the aggregation framework with EigenDA as the Data Availability (DA) layer

AltLayer does not rely on a single central sequencer. Instead, it uses a network of validators called Aggregate Verifier Services (AVSs). AVSs compete for the right to sequence transactions and produce rollup blocks. AVSs must stake their own tokens to participate in the process, a mechanism that ensures the security of the system. Because malicious AVSs lose the tokens they staked. However, it is also an “optimistic” mechanism and assumes that transactions are correct unless an objection is received, which increases transaction speeds

AltLayer's aggregations will be integrated with Polyhedra's zkBridge functions and will connect across various Layer 1 and Layer 2 networks such as Ethereum, Arbitrum, BNB Chain and more#Binance