Review Aleph Zero ($AZERO) – Public blockchain with private smart contracts

If you’re looking to secure a spot, please make sure to undergo a Know-Your-Customer (KYC) process at the Aleph Zero Contribute platform. While they can’t guarantee that everyone will receive an allocation in the public sale, it will definitely help to streamline the process. Read the article completely to understand more about it.

Concept Project – What is Aleph Zero?

Aleph Zero is a peer-reviewed DAG-based platform that’s scalable, private, and developer-friendly.

On the other hand, Aleph Zero is a Proof-of-Stake public blockchain with private smart contracts built from the first principles. Combined an original consensus protocol with a privacy framework based on ZK-SNARKs and sMPC with the Substrate stack.

Outstanding features

What is the project trying to achieve?

• Aleph Zero aims at solving the blockchain trilemma while ensuring that the developers can focus on innovation without being limited by the technology stack.
• Aleph Zero aims at increasing the security while decreasing the costs of running nodes for the businesses.

What is a unique selling point?

Aleph Zero is a peer-reviewed DAG-based platform that’s scalable, private, and developer-friendly.

Aleph Zero is a Proof-of-Stake public blockchain with private smart contracts built from the first principles. We combined an original consensus protocol with a privacy framework based on ZK-SNARKs and sMPC with the Substrate stack.

• Scalability
• Peer – reviewed
• Decentralization
• Dex & Decentralized Dark Pool
• Private Smart Contracts
• Hub and Spoke Operations Model
• Near – Free Transfer Transactions
• File Storage

RoadMap

How to own the token?

• Sers will generate their wallet and submit their wallet’s public key to the team via an online portal.
• Once all the addresses and total investment amount is known, the balances will be included in the Genesis block of the Aleph Zero mainnet.
• There will be a public tool where participants can verify their initial balance in the Genesis block by querying their public $AZERO address.

Technical Data

The $AZERO token is central to the goal to create a privacy-enhancing enterprise blockchain ecosystem.

Token Allocation

Initial token sale allocations are as follows:

• $2M in pre-seed (founders, friends, family);
• $2.9M in seed;
• $9.9M for the pre-sale and the public sale, with over $3M allocated towards public sale alone.

Token Use case

• Get discounts on swap fees on Decentralized Exchange (DEX).
• Get discounts on fees for asset-wrapping and use of Liminal bridge.
• AZERO will be used as collateral for wrapped assets in Liminal.
• AZERO will be used for Validator node staking.

Token Sale

The public token sale for the $AZERO token will kick off on September 28th, 2021

Markets and Community

Market Supply

• Initial Circulating Supply: 180,000,000
• Initial Market Cap: $18,000,000
• Total Supply: 300,000,000 A0
• Fully Diluted Market Cap: $30,000,000 at $0.10 Future Work

Community

Aleph Zero has crossed the mark of 17,000 Followers on Twitter.

Backers

Team/ Founders

The team consists of 20 people, including 5 math and computer science Ph.D.s. The list of our previous accomplishments includes ACM ICPC World Finals, first prize in International Mathematics Competition, and Simons-Berkeley Research Fellowship.

Partners

Investors

Conclusion and analysis

Aleph Zero can become one of the most flexible solutions on the market and is suited for the needs of a vast group of potential developers. Aleph Zero will also be capable of synchronizing with other blockchains and running smart contracts—and its privacy framework can be used on all the major chains. 

Find more information about AZERO: 

Website: https://alephzero.org/

Telegram: https://t.me/AlephZeroFoundation

Twitter: https://twitter.com/Aleph__Zero