Thread by @cryptoPothu

#AlephZero in 6 tweets

Here are the most important things you should know about $AZero, the privacy blockchain.

A thread 🧵👇

1. $AZero aims to give users privacy while maintaining security, low cost, scalability, and speed. #AlephZero accomplishes this through a two prong approach: zero knowledge proofs and secure multi-party computation (sMPC).

2. A Zk-SNARK is a zero-knowledge proof protocol used in encryption. Verification occurs without revealing any information about the “prover.”

3. Multi-party communication involves keeping sensitive information off-chain on several nodes. In order to access the data the nodes would have to interact and conduct a secure “handshake.” No single computer can access the data without unanimous consensus.

4. #AlephZero’s Liminal offers added security and privacy measures and serves as a portal to other blockchains. Liminal will support transactions between platforms with bridges to Aleph Zero, including Ethereum, Near, Kusama, Cosmos, and more.

5. $AZERO merges Proof of Stake with Directed Acyclic Graphs (DAGs). It takes advantage of a heavily modified variation of the PoS consensus methodology in conjunction with Directed Acyclic Graphs.

6. $AZERO’s DAG acts as an intermediary in the creation of its blockchain. Using DAGs allows for faster transaction speeds and higher throughput. This results in significantly lower transaction fees.

7. #AlephZero’s privacy blockchain allows for many use cases:
• Internet of things
• Smart contracts
• Supply chain management
• Virtual game assets
• Decentralized DNS...
• Universal wallet and DEX
• Asset digitization
• Notary signatory

For a full guide to #AlephZero, check out the 101 I wrote:

https://twitter.com/cryptoPothu/status/1508041828980854784

Accounts for $AZERO insights:
@Aleph__Zero @eliz883 @TraderNJ1 @JumperWave @CryptoWizKing @AntoniZolciak @DreadBong0 @AlephSuper @Crypto8Fi @_josephlb @777CryptoBull @PunksAzero @ntrlbornshiller @abenhamuda77 @DiamondAtlasC
A RT would mean a lot!

More accounts for $AZERO insights:
@StevenAitchison @AlephZeroNews @ONOUAGH @CryptoSteveh @ChadTrades_1 @jorgemva @CryptoRagusa @nickfisher_eio @ruesinfo @Ruesandora0 @_TokenHunter @Definews_Info @BlockUnify @MoneyCryptoFree
A RT would mean a lot!