Bittime - BYDFi, a renowned crypto exchange, has recently enriched their token offering by adding two innovative rollup projects, AltLayer ($ALT) and Starknet ($STRK) .
These two projects both utilize zk technology to overcome scalability problems and high transaction fees on Ethereum .
Getting to know AltLayer
AltLayer is a decentralized Web3 scaling solution that uses restaking, native rollup, and offers “Rollups-as-a-Service” (RaaS) services.
Its uniqueness lies in the use of zk ( zero knowledge ) technology and optimistic rollup, which allows transaction verification without disclosing core data.
The project recently raised $22.8 million in funding, attracting huge attention from top crypto investors.
AltLayer's native token, $ALT, has a market capitalization of $527 million, with 1.1 billion tokens in circulation out of a total of 10 billion.
The protocol uses $ALT for various functions, including governance and transaction fees. Learn more about AltLayer here: link to AltLayer website.
Check Today's Crypto Market:
Get to know Starknet
Starknet is a Layer 2 zk rollup solution developed by StarkWare. Starknet promises fast, cost-effective transactions with high throughput, while still benefiting from the security of the Ethereum network.
Its modular framework allows other blockchains to be built on top of Starknet as Layer 3 chains, driving the creation of a diverse Dapp ecosystem, including NFTs, DeFi, and gaming applications.
Starknet uses a unique programming language, Cairo, that extends the developer toolkit beyond the capabilities of EVM.
The recent $STRK airdrop has increased its market cap to $1.4 billion, with 728 million tokens already in circulation. Learn more about Starknet here: link to Starknet website.
Also Read: Tips for Finding Altcoins that will Rise
Why Are the AltLayer and Starknet Projects at BYDFi Important?
Rollup technology has been critical to Ethereum's evolution, offering a solution to long-standing problems of scalability, speed, and high transaction fees.
By adding AltLayer and Starknet, BYDFi not only diversifies its portfolio but also supports wider adoption of technologies that can significantly improve the efficiency and accessibility of the blockchain ecosystem.
The addition of these assets underscores BYDFi's commitment to providing innovative and valuable options for its users, while strengthening its position as a leading exchange for altcoins.
Also Read How to Buy Crypto:
The Future of AltLayer and Starknet at BYDFi
As the blockchain industry continues to evolve, the integration of Layer 2 solutions such as AltLayer and Starknet will play a critical role in shaping its future. These projects represent a step forward in making blockchain technology more scalable, accessible, and efficient.
For blockchain investors and enthusiasts, the development and adoption of this kind of technology offers an exciting opportunity to be at the forefront of blockchain innovation.
The latest addition of crypto assets by BYDFi highlights the exchange's role in promoting cutting-edge solutions that address critical challenges in the crypto space.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH ), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
What is Discord and its Impact on Web3 Development
STRK Airdrop: 1.3 Million Wallets Get Free Airdrop of $STRK Tokens
Total Value of ETH Staking on Beacon Chain Surpasses $115 Billion
DISCLAIMER : This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.