INJECTIVE X AltLayer
You are highly welcome ninjas 🥷
In this article I will like to discuss Injective and AltLayer Bring Restaking Security to EVM Applications and this bring to the ecosystem.
Injective and AltLayer collaborated to create the first ever restaking security framework for on-chain inEVM applications. Starting now, inEVM can leverage the security of not only Injective but also Ethereum as a whole, bringing the security of over $400 Billion in assets to the world of inEVM.With this integration, inEVM is able to be more simultaneously Ethereum and Injective aligned than ever before, further merging two of the most vibrant L1 ecosystems to date.
Injective’s inEVM empowers Ethereum developers to create applications that can take advantage of Injective’s rapid speeds and minimal fees, while also achieving compatibility across the WASM and EVM ecosystems. This capability positions Injective as the sole L1 blockchain capable of combining Cosmos’ interoperability, Solana’s speed, and Ethereum’s developer accessibility.
In collaboration with AltLayer, Injective’s inEVM introduces a fresh design framework for EVM transactions. This framework involves conducting on-chain state validation through a network of economically-backed nodes, thereby guaranteeing superior security and reliability throughout the entire rollup stack.
AltLayer is?
AltLayer is a leading provider of rollup technology, offering a range of solutions aimed at overcoming the scalability issues encountered by Web3 applications. Their flagship product, ‘restaked rollups’, enhances existing rollups by introducing improved security, decentralization, and interoperability through the utilization of the restaking mechanism.
AltLayer is supported by prominent institutions in the industry, including Polychain Capital, Binance Labs, and Jump Crypto.
AltLayer and Injective collaborate to introduce rapid finality to inEVM.
Restaking-based security endeavors to extend Ethereum’s security features to inEVM and consequently to applications developed on the inEVM platform.
This is accomplished through AltLayer’s MACH framework, which establishes a network of nodes responsible for conducting state validation for the inEVM stack. In case of detecting an invalid state, a governance proposal is triggered on-chain to address the issue. Upon approval of the proposal, MACH’s circuit breaker mechanism is activated, automatically suspending inEVM’s RPC service. This action safeguards users from additional malicious activities and allows them to initiate the process of recalling the transaction.
By implementing this approach, inEVM can harness the security not only of Injective but also of the entire Ethereum ecosystem, thereby bringing over $400 billion worth of security to inEVM.
Ethereum Restaked Security on inEVM
The introduction of Ethereum Restaked Security marks a significant paradigm shift for inEVM and the broader crypto landscape. This innovative approach allows for the utilization of Ethereum’s $400 billion network to enhance the security of rollups like inEVM built on Injective.
inEVM presents a revolutionary infrastructure stack tailored for hyper-scalable multi-VM development. Builders can now create a multitude of new applications that not only meet the highest performance standards but also seamlessly interact with the IBC and Solana ecosystems over time.
With a dedicated network of validating nodes and real-time on-chain alerts for potential invalid states, users can confidently transact on inEVM, assured that their transactions are safeguarded at all times.
Every aspect of inEVM has been meticulously designed to cater to the requirements of sophisticated applications, including a hyper-scalable execution layer and a modular DA layer. Coupled with Injective’s near-zero fees, inEVM emerges as the premier solution for Ethereum native builders worldwide.
INJECTIVE IS ?
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
