2. 1. Current problem in Layer1 and Layer2 Networks
2. What is AltLayer?
3. Some examples on AltLayer
4. Layer Hack - Encode Hackathon
5. Hands-on Demonstration
Content
3. Issues Faced by Popular Applications
on General Purpose L{1,2}s — Ethereum Edition
The Otherdeed Land Sale Gas War
Over 20,000 ETH was burnt as
gas fees in the heavily hyped
Otherdeed land sale.
Each user spent an average of
2-3 ETH in gas fees alone.
4. Issues Faced by Popular Applications
on General Purpose L{1,2}s — Polygon Edition
Sunflower game on Polygon
PoS consumed over 40% of
the blockspace.
Created negative externalities
for users of other dApps.
5. Issues Faced by Popular Applications
on General Purpose L{1,2}s — Arbitrum Edition
Arbitrum’s NFT campaign was
paused due to ensuing congestion
on the network.
Gas fees on Arbitrum was higher
than that on Ethereum L1.
6. Shared blockspace model
offered by general purpose
L{1,2}s is not ideal for most
popular dApps due to poor
UX and lack of flexibility for
devs.
Why AltLayer?
Our Proposition
A platform to launch application-tailored L2 execution layers.
Powered by
Optimistic Rollup
Elastic
2,500
TPS
Near-Instant
Time to Finality
< 2s
Modular
Design
Multi-VM
Support
EVM &
WASM
Disposable L2s
Resource
Optimised
7. Two Product Offerings
With the Same Underlying Tech
Short-lived
Application-Dedicated
Rollups
aka Flash Layers
Persistent
Application-Dedicated
Rollups
These are optimistic rollups.
8. L1
chains
Deploy contracts &
bridge assets
Execution on
Flash Layer
Rollup states
and txns to L1
Flash
Layer
Flash Layers
Flash Layers Create Resource
Optimisation for dApps
Init Exec Free
Consider an NFT sale happening on an L1. As the developer notices
a surge in demand, he initiates a flash layer.
Once the NFT sale has been completed on the flash layer, the state
is committed to the L1. The flash layer is subsequently freed and
taken down.
Flash layers are disposable
application-tailored rollups with
optional fraud proofs.
Disposability makes them
highly resource optimised.
• NFT mint events
• Airdrops
• Mini games
• Governance
Ideal for
9. Flash layer offers several
advantages over one-size-fits-all
offerings from other appchains
(e.g., Cosmos SDK).
Flash Layer for NFTs
Benefits of Flash Layers over
other appchains for NFTs
One click set up and disposal
Fast Deployment
NFTs settled on the L1/L2 chain
Assets Distributed
on L1
EVM & WASM L1/L2s
Multi-chain
Support for existing tools
Familiar UX
Elastic scaling
Mint-dedicated
Blockspace
No negative externalities
No Gas War
10. L1 chain
Persistent
Rollup
Application-Tailored
Persistent Rollups
Deploy contracts &
bridge assets
Execution on
Flash Layer
Rollup of txns
to L1
Init Exec
FraudProof() Rollup of txns
to L1
Exec
Exec
These are similar to existing
rollups except that they are
application-tailored.
Persistent Rollups
• GameFi
• SocialFi
• MetaFi
• DeFi
Ideal for
11. Transaction pool Proof of Validity in WASM
Block
20
Verifier
Verifier checks the
correctness of proof of
validity. It updates network
progression on the L1 chain
by creating a fraud proof.
Block
producer
Block producer processes each
transaction in EVM/WASM.
Producer generates and
consolidates blocks and states
into WebAssembly as proof of
validity.
Aggregator
Aggregator receives and
tags transactions with
timestamp and sends them
to the block producer.
Decentralization of production Ubiquitous verification
Fraud Proof
Block 1-19 state
transition
Merkle root history
Decouples
block production
and verification
L1 Chains
Rollup to ensure L1
security
RPC
Endpoint
Ubiquitous
verification at light-
client/hardware/dApp
/user
Native support for EVM/WASM
Alt Layer Architecture
User
dApp Browse
r
12. At least one honest producer generates the correct
block.
At least one light-client/hardware/dApp/user verifies the block.
L1 verifies the fraud proof to ensure the same level of L1
security.
dApp
Rollup Level
Verification Level
Execution Level
Node
Exchange Browser
Tiered approach to security
that caters to a user’s security
budget.
Tiered Security
Latency with Progressive
Security
dApp Node
Ethereu
m
Solana Avalanche Binance
Polkadot
Cosmos
14. 1. Real-World Validation with AltLayer’s
OG Badge NFT Mint Event
NFTs Minting
Hosted a POAP-style mint event
on a flash layer. Setup was
designed to create a burst in
demand.
•12k whitelisted minters
•No KYC
•Freemint
•No need to acquire gas
token
Sold out within
18 seconds
TPS 50
Relative to 5.6 for
Optimism and 3.32 for
Arbitrum
The same network was
stress tested and reached
2500 TPS
Gasless
0 gas auction
Settlement
400 NFTs settled on
Ethereum at a total gas
costs of 0.25ETH
15. - 94K transactions per day; txns equivalent to approx 60% of
txns on all Arbitrum dApps, and over 90% of all txns on
Optimism.
2. Hosting Blockchain PvP Games, with
~190k txs w/o creating fee spike
Blockchain Game
Hosting -
Dark Forest
● Real time pvp galaxy
conquest game.
● Account whitelisting with
in-game token airdrop.
● Total game transactions
over two-day period were
189,723
16. - Oct 17th - Nov 13th - Layer Hack
- 17th October: Hackathon begins
- Hacker Pack 📝
- Register Here ✍️
Layer Hack Hackathon Coming Up…
Looking for
- NFT related dApps
- blockchain games / game components
- Oracle-like dApps providing src of truth
- Component facilitating graph query
17. - Getting Started (https://bit.ly/3CMsPJN)
- Try Out (https://bit.ly/3ST3PGm)
- https://github.com/jimmychu0807-altresearch/simple-demo
Hands-on Demonstration
