Going into 2023 I'm set to find promising altcoin for the next #BullRun 🚀
One interesting point is the fusion between #DAG and blockchain
That's why I decided to write a deep-dive thread on $AZERO 👇
1/20 🧵
2/
What is this thread about? 🧵
$AZERO cutting-edge technology is a hybrid of blockchain and directed acyclic graph, #DAG ⛓️
It has a unique set of privacy smart contracts
Users can choose what data to share with the public while still maintaining their privacy 👁️
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Here is what the thread covers:
1️⃣ What is @Aleph__Zero
2️⃣ #DAG
3️⃣ Privacy and Liminal
4️⃣ Use-cases
5️⃣ The Team
@Aleph__Zero 4/
1️⃣ What is @Aleph__Zero
$AZERO is a #POS L1 sovereign blockchain that makes use of #DAG and regular blockchain ⛓️
It also has unique privacy features and makes use of the Zk-snark technology
It has built a significant number of promising partnerships 🤝
@Aleph__Zero 5/
One thing to mention about $AZERO is that it builds on Substrate
Thanks to Rust being the coding language it can attract bright devs from the $DOT and the $SOL ecosystem too
@Aleph__Zero 6/
@Aleph__Zero has created a portable L2 native solution, #Liminal
Liminal is a privacy-focused multichain layer 👁️
It can be deployed outside of $AZERO, working as ammo to create strong partnerships with other L1s
@Aleph__Zero 7/
A quick $AZERO overview:
Price: $0,86
Market Cap: $180M
Circulating Supply: 200M $AZERO
Total Supply: 320M $AZERO
ATH: ~$3.05
@Aleph__Zero 8/
2️⃣ Direct Acyclic Graph (#DAG) 🕸️
A graphic view of blockchain and DAG
DAG - blocks can be interconnected, when applied to blockchain tech multiple validators can work at the same time 🕸️
Old blockchain tech - validators take place in the chain one after another ⛓️
@Aleph__Zero 9/
How is this good or useful? 🤔
Thanks to multiple actors working in parallel, a much higher speed, and scalability can be achieved
High number of transactions: up to 100k fps ⚡
Low fees: 0.0003 $AZERO on average 🤑
$IOTA and $FTM are other blockchains using #DAG tech
@Aleph__Zero 10/
#DAG brings $AZERO close to near-instant finality
Thanks to it being a #PoS chain anyone with enough $AZERO can be a validator
It's possible on mainnet too since December 2022 🗓️
Another great feature of Aleph Zero is the privacy feature 👇
@Aleph__Zero 11/
3️⃣ Privacy contracts and Liminal 👁️
$AZERO has a set of special smart contracts focused on privacy
Users can make transactions and choose what they want to show to the public 🛡️
This allows Aleph Zero's chain to remain public without sacrificing users' privacy
@Aleph__Zero 12/
And we can talk about Liminal now, the L2 that powers this privacy even more 🔐
Thanks to Zk-SNARK cryptography and Secure Multi-Party Computation (sMPC), Liminal is a native L2 from $AZERO
@Aleph__Zero 13/
It can be deployed on other chains outside of Aleph Zero
This of course creates great chances for partnerships
And it's something that the team doesn't let go to waste 👇
@Aleph__Zero 14/
$AZERO got featured on @CoinDesk and many influencing news outlets
Big exchanges like @HuobiGlobal and @kucoincom
Many wallets like @MetaMask and @subwalletapp
If you want a full ecosystem picture you can go to alephzero.org/ecosystem
@Aleph__Zero @CoinDesk @HuobiGlobal @kucoincom @MetaMask @subwalletapp 15/
4️⃣ Use-cases 🕹️
These are important to understand what markets can $AZERO conquer
There are many, those that I find more interesting are
▶️#GameFi
▶️Supply-chain
▶️Automatic payments (like taxes or revenue sharing)
@Aleph__Zero @CoinDesk @HuobiGlobal @kucoincom @MetaMask @subwalletapp 16/
Supply chains have been one of the most successful industrial use of blockchain
It makes sense for #DAG-powered chains to tackle this market too
Automatic payments and revenues sharing are also extremely interesting with the current trends 👉 #RealYield🌽
@Aleph__Zero @CoinDesk @HuobiGlobal @kucoincom @MetaMask @subwalletapp 17/
5️⃣ The Team 🛠️
If you ever want to know more about the founders, advisors, backers, team members, etc...
There's the complete list at alephzero.org/the-team
A quick Bio for each one of them is available and there's also a list of the bigger investors
@Aleph__Zero @CoinDesk @HuobiGlobal @kucoincom @MetaMask @subwalletapp 18/
Thanks to its successes, @Aleph__Zero could start different ambassador programs
This allowed the project to expand its community and incubate new promising start-ups
@cardinal_hq was proclaimed start-up of the year Krakow Technological Park 🏆
@Aleph__Zero @CoinDesk @HuobiGlobal @kucoincom @MetaMask @subwalletapp @cardinal_hq 19/
Lastly, if you want to take a look at the 2022 recap of $AZERO achievements and journey 👇
That's almost all of $AZERO history ⌛
Being early, you can get up to speed about everything that's happened so far
@Aleph__Zero @CoinDesk @HuobiGlobal @kucoincom @MetaMask @subwalletapp @cardinal_hq 20/
Some useful Links 💻
Twitter: @Aleph__Zero
Telegram: t.me/AlephZeroFound…
Discord: discord.gg/alephzero
Instagram: instagram.com/alephzerofound…
Linkedin: linkedin.com/company/alephz…
Docs: docs.alephzero.org/aleph-zero/exp…
Website 👇 alephzero.org
@Aleph__Zero @CoinDesk @HuobiGlobal @kucoincom @MetaMask @subwalletapp @cardinal_hq That's it for this thread, thanks for tuning in🧵
Follow my account @MoonKing___ to stay updated 🕵️♂️
If you want to support me drop a like and a RT on the 1st tweet of the thread 💪
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