Aleph Zero is an innovative layer-1 blockchain platform that focuses on security, privacy, and speed, achieving web2-level performance. The solution is based on the proprietary AlephBFT consensus protocol, making it extremely resilient to attacks and providing high scalability and reliability. Since the launch of its main chain (mainnet) in November 2021, Aleph Zero has been steadily expanding its ecosystem offering, attracting developers, investors, and users from around the world.
Key Features of Aleph Zero
1. Privacy and Security:
Aleph Zero develops advanced privacy features by using technologies such as: sMPC (secure Multi-Party Computation) and Zero-Knowledge Proofs (ZKP). They allow for private transactions and data sharing, while guaranteeing their security and non-disclosure of confidential information to third parties. Integration with ZKP and sMPC ensures privacy protection at the transaction level, while maintaining transparency for functions requiring disclosure.
2. High Scalability and Low Latency:
Using consensus AlephBFT provides high performance, eliminating the limitations of traditional blockchains. The platform is designed to handle large transaction volumes with minimal latency – transaction completion is around 0,9 seconds. This makes Aleph Zero an ideal solution for sectors that require instant speed and high scalability, such as finance or supply chain management.
3. Openness to Decentralization:
Aleph Zero aims to develop a truly decentralized network by promoting a community-based governance model. In the future, users and developers will have a say in the direction of the network, contributing to its transparency and sustainability.
4. Interoperability:
The platform places great emphasis on interoperability with other blockchain networks, enabling seamless transfer of assets and data between different blockchain ecosystems. Through bridges and cross-chain protocols, Aleph Zero aims to integrate with other solutions, creating a more integrated and dynamic ecosystem.
Ecosystem and Funding Program
In 2023, Aleph Zero launched Ecosystem Financing Program, which has attracted nearly 50 external development teams in its first six months. The program aims to support innovative projects building on Aleph Zero and expanding its use cases at scale. The Aleph Zero ecosystem includes a variety of tools and resources, such as wallets, blockchain explorers, and dedicated developer tools that facilitate user interactions with the network.
Key Events in the History of Aleph Zero
- 2021: Mainnet launch (November 10).
- 2023: Introduction of the Ecosystem Financing Program, which attracted several dozen development teams.
- Development of tools and applications: Development teams are rolling out over 40 active use cases for Aleph Zero, spanning various sectors such as finance, health, logistics, and asset tokenization.
- Integration with conferences and industry events, as OpenFi Asia to showcase Aleph Zero technology to global blockchain industry leaders.
Technologies Used in Aleph Zero
Aleph Zero uses advanced technologies that solve the main problems of traditional blockchains:
- AlephBFT Consensus: Byzantine Fault Tolerant (BFT) protocol ensuring security and consensus even in the presence of malicious or faulty nodes.
- Zero-Knowledge Proofs (ZKP) and sMPC: Crucial for ensuring transaction privacy and sharing data without disclosure.
- Interoperable bridges: They enable the seamless transition of resources and data between Aleph Zero and other blockchains, which helps build an integrated ecosystem.
Real-World Applications of Aleph Zero
The Aleph Zero platform provides blockchain solutions for a wide range of applications:
- dApps and Smart Contracts: Developers can create decentralized applications that leverage privacy protection tools, especially for sectors where confidentiality is key.
- Tokenization of institutional assets: Private and transparent transactions enable institutions to transition to digital assets.
- Payment gateways: The integration of self-care card features aims to increase user security and convenience in everyday transactions.
Aleph Zero Market Value and Financial Data
As of November 14, 2024, the token TO ZERO is listed at the level $0.2828 per unit, with market capitalization of $ 75.44M and 24-hour trading volume of $ 1.73M. The token value reached a historic high $3.09 in April 2022, and the current quote is a decrease of 90.92% compared to that price.
- Token symbol: TO ZERO
- Market ranking: #488
- Price: $0.2837
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Marketcap: $ 75.67M
- Total supply: 336.23 million AZERO
- Current Circulating Supply: 266.78 million AZERO
- Staked rate: 61.8%
Team and Partnerships
Behind the success of Aleph Zero is a qualified team of over 40 specialists, including winners of awards from the ACM ICPC World Finals, the International Mathematical Olympiad, and Simons-Berkeley research grants. Co-founders of the project include: Adam Gagol, Antoni Zolciak, and Michał Świetek, whose knowledge and experience guide the dynamic development of the project. Additionally, Aleph Zero cooperates with recognized industry advisors such as Max Torres (Head of Finance at 0x) and Michael Guzik (CEO CLST).
Links and Further Information
- Aleph Zero Official Website: www.alephzero.org
- Live price and market data: You can find it on CoinMarketCap and CoinGecko