π˜Ύπ™π™§π™žπ™¨ AKA Super Profile picture
May 21, 2022 β€’ 18 tweets β€’ 14 min read β€’ Read on X
🧡Thread πŸ‘€
I am going to explain you why $AZERO is so special and what's so unique about it, so what is it ?
$AZERO is the native coin of the @Aleph__Zero network ; a new Layer 1 DAG based #Blockchain but... what is DAG based? Is it a DAG? or is it a #Blockchain? or both?
...‡️
Both. But to be able to understand how @Aleph__Zero works, we need to understand what is a DAG, DAG stands for Directed Acyclic Graph in #crypto it's a data structure that unlike any other traditional #Blockchain it doesn't produce block by block, but produces multiple blocks at
the same time because a DAG can validate one transaction with the next one and so on, this saves a lot of time and resources as with a traditional #Blockchain to validate the transaction it needs to read the whole history from the genesis, this way @Aleph__Zero's $AZERO can reach
Unprecedented time to finality and scalability. So you didn't understand ? Ok I'll give you a real life example:
The #Blockchain example: imagine a school full of kids (thousands) and a teacher want's to give one candy to each kid, in this case the thousands kids need to line up
and wait for their turn to get the candy.
The #DAG example: imagine the teacher gives several bags full of candy to a bunch of kids to share with the other kids or even giving several bags to those kids which distribute more bags to other kids that will distribute the candy among
the rest of the kids... better? Now that we know the differences between a Blockchain and a DAG let's see how @Aleph__Zero's $AZERO DAG based Blockchain works: remember the Blockchain example with the teacher and the DAG example with the kids distributing the candy to other kids?
Well now imagine all those kids that distributed candy came back to the teacher with a list of all the candy they gave and to whom so the teacher now knows who got candy and who didn't. @Aleph__Zero uses the DAG architecture to speed up the process of transactions and receiving
the information of the transactions introducing the transaction hash in their blockchain, so the @Aleph__Zero Blockchain is a Public record of all transactions like a traditional Blockchain but it's engine is a DAG, ain't that cool!😎
But wait if that is the best solution why
no one has done it before? Well actually there are other DAG's out there like $HBAR @hedera but some people say that DAG's need to be centralized because if not they will fail under attack, well let me explain you how @Aleph__Zero tackles and achieves complete decentralization ?
A large random rotating committee of validators is the perfect solution that makes @Aleph__Zero the only DAG based Blockchain to be completely 100% decentralized in the future. This is in deed a revolutionary feature, and now you would ask me, but how I am sure this really works?
Well I could be here telling you a story to convince you like other projects do, but I won't. The fact is that the @Aleph__Zero team founded in 2018 & developed during ~2 years the AlephBFT consensus protocol that was Peer-Reviewed in October 2019 at the ACM Conference in Zurich.
If you still don't believe a bunch of scientists that Peer-Reviewed the protocol, don't worry because it has also been audited by @trailofbits one of the most reputable companies in the field that has audited other companies like @Google @Facebook @Microsoft and other big ones βœ”
But what is the AlephBFT consensus protocol ?
Well AlephBFT @Aleph__Zero's consensus protocol is Byzantine Fault Tolerant which means that is able to withstand 33% of malitious actors and as long as 67% of the network agrees in the validation process the network will keep working
@Aleph__Zero $AZERO's AlephBFT consensus protocol reached in a proof-of-concept test network 100,000 transactions per second and a time to finality of 0.416s on a setting of 128 Nodes, makes this, one of the fastests, most scalable, secure and decentralized solutions out there...
But what's all the buzz about Private Smart Contracts, Privacy-enhanced etc...?
I'm getting there, I am going to talk you now about Zero Knowledge proofs and secured multi party computation which @Aleph__Zero uses to give the $AZERO Smart Contracts the Privacy features, so what
are ZKP's and sMPC ?
They ensure the privacy of the users and sensitive data that sometimes enterprises don't want to make public that's why @Aleph__Zero is an enterprise ready for adoption DAG based #Blockchain and setting the base and Infrastructure for #Web3 it is known in the
#Crypto community that ZKP's and sMPC have some weakness individually but both combined complement each other to perfection, this is one of the very strong and revolutionary features from @Aleph__Zero $AZERO πŸ’ͺ
Private Smart Contracts are the future. πŸ”₯
There is so much more to $AZERO and @Aleph__Zero I invite you to visit their website for more information
πŸ‘‰ alephzero.org πŸ‘ˆ
And if you did read the thread and you like it feel free to Retweet and Like or comment if you have any questions...
#AlephZero #AZERO #Web3

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More from @AlephSuper

Jan 30
To Celebrate my post #10,000 covering $AZERO @Aleph__Zero & it's Ecosystem
I want to share an in depth thread about $AZERO
Why you should be paying attention & shouldn't fade it
Why it's the most promising L1 in #Blockchain yet the most undervalued with huge potential
πŸ§΅πŸ‘‡ Image
1st understand what $AZERO @Aleph__Zero is...
~A Public Network Privacy-Enhaced through Zero Knowledge Proofs & Secured Multi Party Computation
~Decentralized, Secure & Scalable up to around 100k tps with sub-second finality
To learn more check-out here πŸ‘‡
beincrypto.com/learn/aleph-ze…
$AZERO @Aleph__Zero is one of the few Layer 1 #Blockchain that has been Peer-Reviewed

What does this mean? Check out why it's so important πŸ§ πŸ‘‡ alephzero.org/blog/aleph-zer…
Read 15 tweets
Mar 29, 2023
🚨Breaking🚨
#SmartContracts are LIVE on the @Aleph__Zero Network πŸŽ‰ Now what?

Here are the Top 10 Projects to watchout building right now on the $AZERO #blockchain that may boost the adoption πŸ”₯πŸ‘€

Thread 🧡
Note: they are not in any specific order πŸ€“
#AlephZero #web3 #crypto
1.) #Common #Privacy #DEX

@get_common is a multichain Privacy Decentralized Exchange and Universal Wallet powered by $AZERO @Aleph__Zero aiming to solve the MEV problem

$CMN

To learn more check their website
πŸ‘‰ Common.fi
2.) #Angelblock #Launchpad

@AngelBlock_io a #DeFi protocol aiming to solve the fund-raising problems of #web3 and serve as a Launchpad for both startups and investors, building on $AZERO @Aleph__Zero

$THOL

To learn more check their website
πŸ‘‰ Angelblock.io
Read 13 tweets
Mar 25, 2023
🚨𝘼 π™π™π™§π™šπ™–π™™πŸš¨

What has been going on in March in the @Aleph__Zero $AZERO Ecosystem and other news in the #crypto space!
- Banking crisis
- SEC / Coinbase
- EU MiCA regulations
- Nasdaq
- #AlephZero new projects
- #SmartContracts launching
- The flippening

and more... πŸ€“πŸ§΅
To those of you living in a cave for the last few weeks here's a recap of what has been going on;
Due to the Banking crisis and the bankrupcy of several big Banks like CrΓ©dit Suisse, Silicon Valley Bank and now Dutsche Bank coming next, markets have seen increased volatility...
As a matter of fact as the news hit the markets we saw panic selling and the mother of all bear traps where #bitcoin fell to the 19k's and was followed by a rapid recovery and pump to the 28k's as smart money moves from Banks to #Crypto
t.ly/p_zZU
Read 13 tweets
Feb 10, 2023
"#Privacy is a basic fundamental human right." ~ ᴜɴΙͺα΄ α΄‡Κ€κœ±α΄€ΚŸ α΄…α΄‡α΄„ΚŸα΄€Κ€α΄€α΄›Ιͺᴏɴ ᴏꜰ Κœα΄œα΄α΄€Ι΄ Κ€ΙͺΙ’Κœα΄›κœ±

ᴾᡃʳⁱ˒, α΄°α΅‰αΆœα΅‰α΅α΅‡α΅‰Κ³ ¹⁰ᡗʰ ¹⁹⁴⁸
A thread on why #Privacy is so important in everything by @wealth_director
#Privacy is what the #Crypto #blockchain space needs, and that's what $AZERO @Aleph__Zero is building so that not only enterprises can onboard and benefit from the use of DLT technology but also to assure that everyone's #Privacy right is respected in compliance with regulations
$AZERO @Aleph__Zero introduces their Private #SmartContracts privacy features a way never seen before with a combination of Zero Knowledge Proofs and Secured Multi Party Computation, now enterprises can adopt the #Blockchain while satying private, this is a game changer
Read 7 tweets
Jan 26, 2023
What the ... is $AZERO ?
You're probably asking yourself this question if you see this, only about 123K people follow @Aleph__Zero on Twitter, so if you are one of the other 8 Billion people who hasn't heard about #AlephZero here's a short threadπŸ‘‡πŸ§΅...
#Blockchain #Web3 #Privacy
It's worth noting that $AZERO is the Native Coin of the @Aleph__Zero Blockchain, one of the most advanced Distributed Ledger Technologies in the world; it's a Blockchain that uses a Directed Acyclic Graph, AKA: DAG-Blockchain this allows fast, scalabe and secure transactions
The @Aleph__Zero team built AlephBFT the underlying consensus protocol that achieves complet decentralization through a set of validators in a random rotating committee it has also been Peer-Reviewed in 2019 and audited by @trailofbits the most reputable auditor in the tech space
Read 8 tweets
Aug 4, 2022
Word of the day: π—”π—Ίπ—―π—Άπ˜π—Άπ—Όπ—»
Steve Jobs said once : "Start small and think Big and you'll get Big."
Today I bring you a full thread on the most ambitious Layer 1 @Aleph__Zero $AZERO and the most ambitous projects building on top, you may want to spare some time to read πŸ‘€πŸ‘‡
To start with you need to know that @Aleph__Zero $AZERO is an enterprise-ready #blockchain with built in privacy through ZK-SNARKS (Zero Knowledge Proofs) & sMPC (Secured Multi Party Computation) this will open the #Cryptosphere to Companies and SME's to onboard the space, Why?πŸ‘‡
Start small, think big is exactly what @Aleph__Zero is doing as one of the very few #blockchains to be enterprise-ready and the only one to implement Privacy-enhanced feature to the #SmartContracts launching soon, this will enable companies and sme's to preserve sensitive data πŸ‘‡
Read 21 tweets

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