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AltLayer is a public and fully decentralized protocol that can be used for rollups. AltLayer presents the innovative idea of Restaked Rollups, which takes rollups (transformed from any rollup stack like OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack) and provides them with enhanced security, decentralization, interoperability, and crypto-economic rapid finality in transactions. In this article, you can find answers to many questions such as what AltLayer is, what the network’s native asset ALT coin is, and how to purchase ALT coin, which will be listed on Binance.
What is AltLayer?
AltLayer is a public and fully decentralized protocol that facilitates the launch of both native and restaked rollups with Optimism and ZK rollup stacks. AltLayer offers an innovative rollup framework called Restaked Rollups. Restaked rollups offer a rebuilding mechanism that leverages rollup stacks and EigenLayer’s economic stake borrowed from Ethereum 
$1,641 to bootstrap the network, allowing the trustless launch of application-specific instances of all major rollups.
Restaked Rollups are a common framework for application-specific rollups that leverage EigenLayer’s restaking mechanism. They provide enhanced security, decentralization, interoperability, and crypto-economic rapid finality.
AltLayer’s core offering, which consists of restaked rollups, is made up of three main products. These are:
- VITAL: Actively Verified Service (AVS) where operators verify blocks and the associated states processed by the rollup sequencer, raising fraud proof challenges if necessary.
- MACH: A protocol that accelerates finality to rollups to support all claims regarding rollup state by allowing operators to withdraw Ethereum-based assets.
- SQUAD: Provides economically backed decentralized sequencing in the protocol. Decentralized sequencing eliminates short-term liveness concerns, bad MEV, and other issues associated with rollups running with a single sequencer.
ALT Coin Review
ALT coin is the native token of AltLayer. As of January 17, 2024, the total supply of ALT coin is 10 billion, and the initial circulating supply after the Binance listing will be 1.1 billion. ALT coin serves multiple purposes, including economic staking, governance, protocol incentives, and protocol fees.
- Economic Staking: ALT coin is used alongside restaked assets to provide economic staking. This stake can be slashed if malicious behavior is detected.
- Governance: ALT coin holders can vote in governance decisions.
- Protocol Incentives: Operators in the AltLayer ecosystem can earn ALT coins as rewards for their services.
- Protocol Fees: Network participants pay for on-chain services with ALT coins.
How to Buy ALT Coin?
ALT coin can be securely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. ALT coin will be listed on Binance on January 25, 2024, and will be available for trading in ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD, and ALT/TRY trading pairs.
To purchase ALT coin, if you do not already have one, you first need to register on the Binance exchange. After completing the membership process, you need to transfer either cryptocurrency or fiat money like USD to your Binance account wallet. Once the transfer is complete, you can purchase ALT coin from any of the five trading pairs mentioned above.
To buy from the ALT/USDT trading pair on Binance, you first need to go to the interface of this trading pair. In the interface, enter the desired amount in the designated area under the limit tab. After entering the amount, complete the purchase by placing a Buy ALT order.
