The word “aligned” generally means “aligned” or “arranged”. It is used when something is similar to or aligned with something else, and the “Aligned Layer” in this article is a decentralized network integrated into the Ethereum network. This network aims to speed up transaction verifications and reduce costs. So, how does it work and why is it important? In today’s article, we will talk about these:
What Does It Do/How Does It Work?
The Aligned Layer speeds up the verification of Zero-Knowledge Proofs on Ethereum.This leverages the economic security of Ethereum to increase reliability and better utilize Ethereum as a settlement layer.The Aligned Layer receives proofs from different proof systems, verifies them and sends the results to Ethereum.It also stores these proofs in a Data Accessibility Layer (DA). The DA layer provides storage for different proofs.
Fast Mode and Slow Mode
Fast Mode: Works with a subset of Ethereum. Operators verify transactions and send the results to Ethereum. This increases transaction speed. For example, when paying at a restaurant, your credit card needs to be verified. Aligned allows this to happen quickly.
Aggregation/Slow Mode: It uses efficient aggregation techniques across thousands of transactions. For example, when many people place orders on an e-commerce site at the same time, it is important to process these orders in bulk. Aligned optimizes this aggregation.
Why Are We Building Aligned?
Proof verification on Ethereum is currently expensive and limited to around 10 proofs per second. Aligned aims to solve this problem.For example, when you withdraw money from your bank account, transaction verification is required. Aligned aims to make such transactions faster and cheaper.
Examples from Daily Life:
Example 1 (Quick Mode): Verifying your credit card when paying at a restaurant. Aligned enables you to do this quickly.
Example 2 (Slow Mode): When many people place orders at the same time on an e-commerce site, it is important to batch process these orders. Aligned optimizes this aggregation process.
Technical Details and Functionality
BLS Signatures: Aligned uses BLS (Boneh-Lynn-Shacham) signatures to verify transactions. These signatures rely on mathematical foundations to securely verify transactions and transmit the results to the Ethereum network, ensuring trustworthiness.
Operators and Verification Code: The performance of the network relies on the balance between fast mode and aggregation/slow mode, where operators run the verification code. The Aligned network is managed by operators. Operators run verification code written in Rust or another high-level language to verify transactions. This code validates transactions quickly and reliably.
Fast Mode and Aggregation/Slow Mode Balance: Aligned’s performance is based on the balance between fast mode and aggregation/slow mode, where operators run the verification code. Fast mode increases processing speed, while aggregation/slow mode reduces costs.
Example Scenarios
DeFi Transactions: Aligned can accelerate decentralized finance (DeFi) transactions. For example, when a user wants to borrow money from a credit protocol, it is important to verify this transaction quickly.
Gaming Platforms: Aligned can also be used on gaming platforms. For example, when a player wants to sell their digital assets to another player, it is important to perform this transaction quickly and reliably.
Future Potential and Conclusion
Aligned aims to accelerate Ethereum’s roadmap. With further development and adoption, it could contribute greatly to the Ethereum ecosystem.
BE ALIGNED !
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