Melody

An ideal scaling solution for NFT minting

Benefits for NFT Projects

• No Gas War, Mint events would take place on the flash layer without gas war.
• Fast Deployment, One click set up and disposal.
• Multi-chain, We support both EVM and non-EVM L1s including Ethereum.
• Assets distributed on L1
• The minted NFT assets would be directly distributed on the L1 chain and integrated with NFT marketplaces e.g. Opensea.

AltLayer is a hyper-scalable and disposable execution layer that relies on optimistic execution similar to optimistic rollups. It can be viewed as a Layer 3 protocol that derives its security directly from a Layer 1 or indirectly from a Layer 2 in a recursive manner

AltLayer is a system of highly scalable application-dedicated execution layers that derive security from an underlying L1/L2. It is designed as a modular and pluggable framework for a multi-chain and multi-VM world. At its core, AltLayer is a system of several optimistic rollup-like execution layers called flash layers with a novel innovation that makes them disposable and therefore highly resource-optimized.

• Highly elastic with extremely low latency: AltLayer presents a dApp developer with its own Layer 2 that is highly elastic and comes with very low latency. This is essentially because it implements an architecture similar to optimistic rollup design as in Arbitrum.

We believe that it is not viable for a single general purpose chain (L1/L2) to host every dApp in Web3. On the one hand, in case of general purpose chains, more used dApps compete for blockspace with a large number of unused dApps, while on the other hand, each dApp having its own chain becomes a wastage of resources. Therefore, there is a need to build a system that offers the best of both worlds as existing approaches and solutions present two opposite extremes.

The AltLayer project is led by Dr. Yaoqi JiaDr. Yaoqi Jia, former Director of Parity Asia and co-founder/CTO of Zilliqa. The team is made up of blockchain veterans and researchers who have all worked at Parity, Zilliqa and Synthetix.

FoundedThe AltLayer project is led by Dr. Yaoqi Jia, former CTO and co-founderDirector of Zilliqa,Parity AltLayerAsia hasand beenco-founder/CTO recognizedof andZilliqa. backedThe byteam theis capitalmade markets,up closingof ablockchain $7.2veterans millionand seedresearchers roundwho have ledall byworked Polychainat CapitalParity, Jump CryptoZilliqa and Breyer CapitalSynthetix.

AltLayer is a hyper-scalable and disposable execution layer that relies on optimistic execution similar to optimistic rollups. It can be viewed as a Layer 3 protocol that derives its security directly from a Layer 1 or indirectly from a Layer 2 in a recursive manner

• Application-Tailored: Several applications such as GameFi, Metaverse, privacy-preserving applications among others often need specific tailoring or library support that is otherwise not available on a general purpose Layer 1 or Layer 2 due to the underlying limitation of the virtual machine. AltLayer not only comes with EVM support but also WASM support that will allow applications to access any web assembly code, thereby expanding the types of applications that can be built.
• Resource Optimized: Unlike all Layer 1s and Layer 2s, AltLayer presents a unique execution layer that can be instantiated at any time by a dApp developer, utilized for as long as needed, and then disposed of. AltLayer achieves this by providing a transient execution layer via a concept of flash layering. Flash layering comes with a plug-and-play and cloud-service-like solution called FlashLayer for dApp developers to use when the application expects a burst in demand. Once a FlashLayer is disposed of, all the related resources are freed and the dApp’s state is rolled up to the underlying Layer 1 chain. A dApp developer will have the economic (or other) incentives to free the FlashLayer when the blockspace on the underlying Layer 1 chain is not so scarce.
• Modular Design with Multi-VM support: AltLayer is designed to be a modular execution layer that performs optimistic execution and is easy to integrate with any Layer 1 or Layer 2 and therefore will have an outreach that spans developers across heterogeneous chains. Given the different runtime supported by different chains, AltLayer is designed to support multiple VMs in particular EVM and WASM among others.
• Tiered Security: AltLayer offers a three-tiered approach to security that caters to a user’s security budget: Low Budget, Medium Budget and High Budget
• Highly elastic with extremely low latency: AltLayer presents a dApp developer with its own Layer 2 that is highly elastic and comes with very low latency. This is essentially because it implements an architecture similar to optimistic rollup design as in Arbitrum.

Founded by Yaoqi Jia, former CTO and co-founder of Zilliqa, AltLayer has been recognized and backed by the capital markets, closing a $7.2 million seed round led by Polychain Capital, Jump Crypto and Breyer Capital.

You can find the testnet RPC and ChainID at chainlist.org.

No, the addresses for USDC/USDT/BTC/ETH won't be the same for mainnet.

Yes, you can. Find the instructions on how to do so at chainlist.org.

The deposit amount should be 5,000 lamports.

Currently you will be able to use Solscan explorer to view Neon transactions