blockchainreporter.net
AltLayer, a prominent player in the blockchain space, has announced an exciting partnership with Xterio Games, Through this partnership, they will introduce an innovative gaming-focused restaked rollup. This groundbreaking initiative will tap into Eigen Layer’s shared security model, marking a significant milestone in the intersection of gaming and artificial intelligence (AI).
Pumped to partner with @XterioGames to launch the first-ever gaming & AI-centric #RestakedRollup that taps into @eigenlayer's shared security model. The chain operates as an L2 settling on @ethereum, using @Optimism's OP stack & @eigen_da for its DA needs.… pic.twitter.com/2MWgDwHzTL
— AltLayer (@alt_layer) April 4, 2024
AltLayer and Xterio Collaborate on Restaked Rollup Solution
Xterio Games, a leading Web3 gaming platform, boasts an impressive track record with five AAA games and over 45 gaming partners. Co-founded by industry veterans Michael Tong and Jeremy Horn, Xterio is committed to integrating Web3 technology into gaming.
The collaboration between AltLayer and Xterio will see the launch of the Xterio chain, which will operate as a Layer 2 solution settling on Ethereum. Leveraging Optimism’s OP Stack and EigenDA for its Data Availability (DA) layer, the rollup will focus on web3 and AI-powered games, laying the foundation for an on-chain ecosystem around AAA games utilizing the $XTER token.
What sets the Xterio chain apart is its innovative approach as a “restaked rollup”. This unique structure introduces MACH, an Actively Validated Services (AVS) offering faster finality with economic security.
Given that Ethereum’s finality can take up to 13 minutes, MACH steps in to provide faster finality while ensuring economic security. Users can delegate ETH via LST/LRTs or stake ALT tokens through registered operators to earn rewards. The dual staking of economic collateral will attest to the validity of rollup states.
CEO Perspectives on this Game-Changing Collaboration
Yaoqi Jia, CEO of AltLayer, emphasized the significance of this collaboration. He highlighted the enhanced technical capabilities and security features that the restaked rollup product MACH brings to Xterio. As per him, this integration aims to elevate the gaming experience for developers and players alike.
Michael Tong, CEO of Xterio, also expressed enthusiasm about the collaboration. He emphasized the development of cutting-edge blockchain infrastructure to power Web3 gaming titles. By leveraging Ethereum’s ecosystem, Xterio aims to lead the way in high-quality Web3 gaming experiences.
With this partnership, AltLayer and Xterio are poised to revolutionize the gaming industry. They will drive innovation and adoption of blockchain technology in gaming and beyond.