Azero part 2

in LeoFinance3 years ago

Core Features
The technology and clever design of the
protocol is where the magic happens
under the hood, with solutions which
provide core features and benefits which
surpass many current blockchains.
Aleph Zero has produced a lot of
products and features to their protocol
which makes it both very usable from the
outside and yet still incredibly proficient
from a technological standpoint.
The features seen here are more of a
complex yet deeply impressive
by-product of what is a highly innovative
and novel technological achievement.
Granted a deeper understanding of
blockchain technology helps highlight
how impressive it is - but truly makes
Aleph stand out from competitors

How will these features make a difference to users?
Aleph Zero is built for enterprise - the privacy element of the blockchain could be highly
attractive for businesses and enterprises looking to deploy web 3 applications or have functions
on the blockchain. The applications will be transparent by broadcasting activity on the public
blockchain, but will provide privacy by enabling some information within transactions to remain
hidden. For instance, businesses
Privacy makes it more resistant to attacks and exploits - think of broadcasting a transaction
on a DEX, on current layer 1s these transactions can be front run by bots or even miners and
extract the value from traders. Because the transaction data is always public, including the
token traded, the size and who is trading it, then bad actors (some miners, MEV and bots) will
place the same trade and ensure it is finalised a few seconds before the other trade is
completed. By keeping the size of a trade or the participant private, then no such thing can
happen - this feature can be applied across all decentralised activities such as who liquidity
providers are in certain pools etc.
100,000 tx/s and instant transaction finality - with the DAG protocol design transactions can
be completed instantly and throughput far outweighs other layer 1s in the space
Near free transaction cost - on average transactions will cost 0.0003 $AZERO
These are just a few of the features and use cases more simply explained but highlight some of
the possibilities possible with a complete and private blockchain.