#AltLayer offers a cross-chain platform for decentralized applications.

#Dymension offers a scalable solution for NFTs,

#Jupiter increases the efficiency of projects by offering custom blockchain solutions.

AltLayer (ALT)

AltLayer is a completely open and decentralized protocol developed for many Roll-ups. In addition to its decentralization, AltLayer offers innovations such as high security and interoperability.

The project has developed these opportunities with a system called Retaken Roll-up. Thanks to Retaked, Roll-up can be produced in the fastest and safest way by using Roll-up stacks such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK. Additionally, this system uses the EigenLayer restaking mechanism to create a decentralized network.

What does it do? What opportunities does it offer?

Reborne Roll-ups in the AltLayer project use the Active Authenticated Services (AVS) system. These are divided into 3: VITAL (AVS for decentralized verification), MACH (AVS for fast results), SQUAD (AVS for decentralized sorting).

The AltLayer project, built on exactly such a protocol, offers many opportunities to users. It is possible for users who are not developers and do not know how to code to produce Customized Roll-ups in a very short time, such as 2 minutes.

Additionally, the AltLayer project interacts with and supports many DA layers such as OP Stack, Starkware, Celestia EigenLayer, Avail.

Besides these, there is another innovation. This innovation in the field of roll-up design is the idea of ​​the Ephemeral Roll-up. The benefits of this can be listed as follows:

1. A fast and scalable application on the Layer 1 side can produce roll-ups faster.
2. This Roll-up can be used uninterrupted for as long as needed.
3. Optionally, roll-up can be done with the "end of life" option

What makes the AltLayer Project so important?

• Roll-ups are used in many places. But many are designed for general purposes or application-specific uses. Nowadays, roll-ups can be produced heterogeneously using Arbitrum Orbit or ZKStack. However, AltLayer offers a universal and neutral protocol against this situation.

What is the Ecosystem of the AltLayer Project?

• AltLayer works with Dapp developers and establishes partnerships with many projects in the ecosystem. In this way, it aims to both assist new projects and grow with them. Currently, they have announced their partnerships with Arbitrum , Optimism, Polygon, Singularity , Snapshot and many other projects.

Those Behind the Project

In addition to having many partnerships, AltLayer's supporters also consist of important companies and individuals. For example, these include Synthetix founder Kain Warwick and former Coinbase CTO Balaji Srinivasan.

Jupiter JUP

In the cryptocurrency world, there is a great airdrop excitement organized by the Jupiter project. Jupiter stands out as a major player in the Decentralized Finance (DeFi) industry and is preparing to share $10 billion worth of $JUP tokens with the community.
Details about the Jupiter Project

• Project Name: Jupiter
• Token Ticker: $JUP
• Blockchain: Solana
• Sector: Decentralized Finance (DeFi)
• Business Model: Liquidity aggregator for token swaps, perpetual futures and decentralized stable cryptocurrency creator.

Functions of Jupiter

It is one of the largest DeFi protocols on Solana and attracts attention with its transaction volume in November 2023. Initially, Jupiter emerged as a liquidity aggregator for token swaps, but later added GMX-style perpetual futures as well. In the future, Jupiter also plans to launch decentralized stablecoins.

What is JUP Token?

JUP is a governance token that allows approval, validation and voting on all aspects of the Jupiter platform. This includes approving liquidity and distribution plans, approving token productions, and voting on ecosystem initiatives.

How to Participate in the JUP Airdrop?

The 955,000 wallets that interacted with Jupiter before November 2, 2023 may be part of the largest JUP airdrop ever. Airdrop dates are not yet clear, but keep in mind that future airdrops are activity dependent and trading on Jupiter may affect your future airdrop amount.

How to Migrate Tokens on Solana with Phantom?

If you are using Solana for the first time and hold your assets on other blockchains such as Ethereum, you can transfer tokens between Solana, Ethereum and Polygon through your Phantom wallet.

dYmension

is a multi-layer protocol that serves high-performance blockchains and includes application-specific modular execution environments called RollApps.

It allows anyone to create and deploy their own blockchain in a RollApp instance on top of dYmension 's settlement layer.

dYmension Hub is known as the base layer of dYmension 's settlement layer protocol and is a Proof of Stake (PoS) neutral blockchain that provides utility, security and liquidity for RollApps.

RollApp is called an application-specific rollup. Its general purpose is that, unlike dApps built on rollups, applications created as RollApps have their own autonomy. Developers can use dYmension's RollApp Development Kit (RDK) to develop a RollApp.

How dYmension Works
1-Row Networking

• It is designed as a permissionless RollApps network. Deploying RollApps creates 2-order network effects; because RollApps can easily connect not only with each other, but also with the entire IBC-enabled ecosystem via dYmension Hub.

2-Easy Deployment

• Creating a blockchain using dYmension does not come with the bootstrapping of a network. Developers can easily deploy a decentralized, permissionless, and trust-minimized blockchain as if they were running their own isolated application instances.

3-RollApp Feature

• RollApps are independent; that is, they set their own economic and decentralization parameters.

4-Performance Difference

• While dApps on general-purpose blockchains like Ethereum require users to pay gas fees in the network's own coin (e.g., ETH), RollApps allow the end user to pay transaction fees in the app's native token or any other token chosen by RollApp (e.g., stablecoins). pays. They can also pay with other IBC-enabled tokens or a completely new token for fee collection.

#DeFı #Cryptocurrencies #Solana #rollapp

AltLayer offers a cross-chain platform for decentralized applications.
Dymension offers a scalable solution for NFTs
Jupiter increases the efficiency of projects by offering custom blockchain solutions.