With the public sale coming up next week, I think $AZERO should be your main focus for this month.

Here is why?

Time for a Thread

1/15
@Aleph__Zero are building an L1, proof of stake, public blockchain with privacy focus.
It’s a DAG-based platform that’s scalable, private, and developer-friendly.

2/15
The current consensus algorithms are still vulnerable to attacks and can never be 100% secure, The probability of such attacks happening reduces as the network grows but never reaches 0%.

3/15
Scalability is still a big issue for most of the established blockchains and it has only been solved at the expense of decentralization.

Securing a network is becoming more expensive and may exclude the majority of the players du to capital restrictions.

4/15
So $AZERO is the solution to the problem of how to transmit data and value across networks with high throughput and quick confirmations in a decentralized manner.

So let’s dive into the features:

5/15
✅ The scientific paper describing the Aleph consensus protocol has been verified by the brightest minds in the domain of cryptography and mathematics.

@Aleph__Zero is using DAG technology, with a large, rotating, random committee to validate transactions fast.

6/15
✅ Aleph uses the "hub and spoke" model, which is an enterprise solution that allows businesses to have a private instance and interact with each other in a trustless manner efficiently and cheaply while still maintaining their own private network.

7/15
✅ An incubator for new decentralized businesses that want to develop their own applications.

8/15
The $AZERO ecosystem looks like this:

✅ Aleph Consensus : A Novel DAG Protocol.

✅ Aleph Cloud : A Decentralized file storage / IPFS.

✅ Aleph Smart Contracts : Scalable, self-executing smart contracts.

9/15
✅ Aleph Common : A Decentralized Exchange (DEX) with a trustless universal wallet.

✅ Aleph Oracle : Information bridge between the external world and the Aleph Zero ecosystem.

✅ Liminal : Privacy layer for Defi

✅ Integration with substrate

10/15
$AZERO can be used:
✅ For getting discounts on swap fees on Decentralized Exchange (DEX).
✅ For getting discounts on fees for asset-wrapping and use of Liminal bridge.
✅ As collateral for wrapped assets in Liminal.
✅ For Validator node staking.

11/15
✅ 300 million tokens will be generated at the Genesis.

✅ 180 million will be circulating at the TGE.

✅ The inflation has been set to 30 million tokens per year.

12/15
Regarding The Roadmap:

- Mainnet to be launched end of October, It will support only value transfer. Smart contract functionality will be pushed into mainnet by EOY after it has been fully tested.

- Common and Liminal are expected to launch in Q1 2022.

13/15
- The development of bridge will also start soon, the first one will be Kusama and then Ethereum, after that the bridges with Cosmos, Near and BSC will likely follow.

14/15
I will just Add this from @DreadBong0.

Do your research and share if you like.



15/15

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More from @OmarReserved

19 Sep
You might be wondering why $KDA is pumping after it has been ignored for quite some time.

Let me tell you about its fundamentals so you understand why this L1 has a very promising future in my opinion.

1/7
PoW has a very bad reputation in terms of scalability. You might have read about bitcoin scalability problems and L2 solutions to make bitcoin scalable. Well $KDA found a way to scale a POW blockchain by combining multiple chains together. Their blocks are interconnected...

2/7
...and by using graph theory, there a minimum number of chains each chain has to be connected to which makes the whole $KDA blockchain highly scalable.

3/7
Read 7 tweets

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