🔸 Closest thing to solving the blockchain trilemma
🔸 Public blockchain with private transactions - meaning non-essential information such as trade size, recipient can be left out (amazing for businesses)
🔸 100,000 Tx/s & instant finality on transactions making it incredibly scalable
🔸 Range of impressive and usable products in the pipeline
🔸 Innovative technology solving many of the pains with current blockchains
🔸 Highly educated and experienced team
🔸 Peer reviewed product meaning it has been verified as feasible by blockchain peers
🔸 Modest tokenomics and community focus
What is Aleph Zero?
Aleph Zero is a privacy-enhancing public blockchain with instant finality. Built for enterprises,
Web 3.0 and DeFi use cases but is a multipurpose Layer 1 which can encompass any use case.
The protocol will be proof-of-stake, will have private smart contracts and effectively solves many
of the shortcomings of current layer 1 blockchains.
The project has been in development for over 4 years having started out back in Q1 2018, and
their protocol has been peer reviewed and tested by blockchain experts. With an extensive and
highly experienced team behind it, as well as a growing ecosystem.
Most impressively, Aleph Zero has theoretically solved the infamous ‘blockchain trilemma’
meaning that the protocol itself can be considered scalable, decentralised aand secure -
something which current layer 1 blockchains have failed to achieve.
Main products
AlephBFT - an original peer reviewed DAG based consensus protocol. As opposed to your
traditional blockchain, Aleph Zero has used a DAG which allows for multiple blocks to be mined
at the same time and through innovative design means that the protocol remains decentralised
and highly efficient (cheap and fast). A stroke of genius.
Liminal - the privacy framework behind the protocol which allows for transaction data to remain
private, but still is verified on the public blockchain. Liminal is built in directly for anyone who
builds on Aleph Zero but can also be used cross-chain with other networks such as ETH, BSC,
DOT and so on - meaning that application or developers on other chains can still benefit from
the technology without having to re-build on Aleph Zero if preferred
Common - Common has been described as the safest DEX in the industry and can support
every type of token including BITCOIN. Full privacy, incredibly fast and simple bridging between
every blockchain. Will double up as a wallet and remain fully decentralised
Embracing a multichain world - all of Aleph Zeros products are innovative in their own right,
but the team are well aware of current ecosystems and loyalties to other blockchains. Therefore
the protocol is seeking to embrace a multichain world by integrating with these other
blockchains, whilst also enabling development directly on their own chain.
Congratulations @tsitasp! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 50 upvotes.
Your next target is to reach 200 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!