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Aleph Zero is a privacy-enhancing, DAG-based infrastructure layer
IEO
17 Mar — 17 Mar 2022
Raised
$ 100.00K
Price:
$ 1.20
ROI:
0.67x -32.7%
Platform:
N/A
ATH ROI:
2.57x +157.2%
Aleph Zero is a layer-1 public blockchain that is fully integrated with the Substrate stack. It hopes to address the issues facing current blockchain infrastructures, in particular by offering faster speeds, validation times, higher levels of scalability, and security.
Aleph Zero leverages DAG (Directed Acyclic Graph) technology in order to run its consensus mechanism, AlephBFT, that powers the platform. As such, it uses a practical approach to the transfer of value and the use of smart contracts.
As mentioned, a key feature of the Aleph Zero platform is the AlephBFT consensus mechanism. It is a variation of the Proof-of-Stake mechanism that has been built and designed specifically for the protocol. In more detail, it combines PoS with a DAG infrastructure to ensure that transactions are quickly validated.
In terms of Proof-of-Stake, the protocol has a predetermined number of rotating validators at the core of the mechanism. They work to ensure that truthful transactions are validated on the blockchain. The DAG infrastructure is only used as an intermediary which means that transactions can be validated quicker and thus have lower fees.
The project also uses zero-knowledge proofs (ZKPs) and secure multi-party computation (sMPC) which allow user data to remain secure and private. Essentially, the two pieces of technology work together to ensure that data is revealed only with approval from the owner of the data under question.
Aleph Zero can be used within a range of sectors for different purposes. This includes supply chain management, virtual game assets, decentralized domain name systems, asset digitization, notary signatory, as well as, Internet of Things and much more.
Some examples of projects building on top of the Aleph Zero blockchain include:
OVR is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are MEXC Global and Gate.io. The price of OVR will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for OVR market prices, please view the price charts on this page.
Aleph Zero's current price is $ 0.808, it has increased +2.49% over the past 24 hours.
Aleph Zero's All Time High (ATH) of $ 3.09 was reached on 14 Apr 2022, and is currently -73.8% down.
The current circulating supply of Aleph Zero is 311.15 Million coins, and the maximum supply of Aleph Zero is 359.71 Million.
Aleph Zero’s 24 hour trading volume is $ 2.36 Million.
Aleph Zero (AZERO) operates on its own blockchain.
Aleph Zero's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 251.47 Million.
You can find more details about Aleph Zero on its official website and on the block explorer.
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