Thread by @2xnmore

Have you bought @Aleph__Zero tokens during this dip or are you still in doubt?

People are extremely bullish on $Azero, with some even hoping for a #100x return on investment.

Below is why #Azero might be considered special, by most investors.

🧵👇

The thread will cover the following areas:

1/ Introduction
2/ Core Features of $Azero
3/ Aleph Zero Ecosystem
4/ $Azero Token

Let's dive in ↓

❐ Introduction

Aleph Zero or $AZERO is a privacy-enhancing Proof-of-Stake (PoS) public blockchain with instant finality.

Aleph Zero's current structure combines an original peer-reviewed AlephBFT consensus protocol and a customised Substrate stack.

To further provide enterprises and developers with approaches to private smart contracts, the project is developing a privacy framework based on Zero-knowledge Proofs (ZKPs) and secure Multi-Party Computation (sMPC).

❐ Core Features of $Azero

• Scalability

During a laboratory test, Aleph Zero’s peer-reviewed consensus protocol (AlephBFT) achieved 89,600 tx/s with a 416 ms confirmation time in a decentralized test setting of 112 AWS nodes spread across five continents.

The test has been concluded on a simulation of simple transactions. Aleph Zero’s real-world performance, especially under heavy network load, is still under review.

• Decentralization

Aleph Zero aims to become the first decentralized Directed Acyclic Graph (DAG)-based platform with a large (100+ nodes) committee that rotates every 15 minutes from a set chosen during every 24-hour era.

• Private Smart Contracts

Liminal, Aleph Zero’s original privacy framework that’s currently under development, is based not only on zero-knowledge proofs.

It also takes advantage of Secure Multi-Party Computation concepts.

Moreover, the framework is being built in a purely software-based fashion, making Aleph Zero independent of external vendors.

• Near-free Transfer Transactions

On average, a transaction on the Aleph Zero network costs 0.0003 $AZERO.

To prevent spam, Aleph Zero implements dynamic fee adjustments.

• Audited Security

The $Azero Consensus Protocol has been officially peer-reviewed and accepted for publication in the conference proceedings of Advances in Financial Technology 2019.

Trails of Bits also audited the implementation of the consensus in 2021. The broader elements of the network come from Parity’s Substrate stack.

• DEX and Decentralized Dark Pool

Common is the first product being built on top of Aleph Zero.

Due to ultra-low latency and privacy-enhancing design, Common will mitigate the Maximal Extractable Value (MEV) problem.

The result? One of the cheapest and most user-friendly DEXs on the market.

• HUB and Spoke Operations Model

Easily sync your application to Aleph Zero’s network.

• File Storage

Application Programming Interface (API) hooks that allow for seamless integration into InterPlanetary File Systems (IPFS) as well as proprietary data solutions.

❐ Aleph Zero Ecosystem

The $Azero privacy framework can be used on all major chains, which makes it possible for developers to synchronise their data and smart contracts with other blockchains.

To accomplish this goal, Aleph Zero comes up with its original consensus protocol AlephBFT.

It is based on DAG and integrated with the Substrate stack to enable wider adoption.

The InterPlanetary File System (IPFS) system takes care of the decentralised file storage, which powers the scalable private smart contracts in the network.

The team is also working on the trustless wallet Common that largely facilitates users’ Decentralised Exchange experience.

Moreover, a purely software-based framework based on zero-knowledge proofs and Secure Multi-Party Computation concepts called Liminal enables multi-chain privacy layers usable to bridge to Aleph Zero.

These key features power the $Azero ecosystem.

❐ Azero Token

$AZERO is the native asset of Aleph Zero. It powers the fundamental economy of the AZERO ecosystem and users may use #AZERO for:

• Discounts on fees on DEX and fees for asset wrapping

• Discounts on usage fees and collateral for wrapped assets on the Liminal Bridge.

• Validator node staking and earning rewards.

❐ Conclusion

Overall, Aleph Zero ( $Azero ) offers a unique blend of cutting-edge technology, strong governance, and interoperability.

Making it a valuable addition to the blockchain ecosystem.

However, like any crypto project, there are risks and uncertainties involved.

Investors should always conduct their own research and due diligence before making any investment decisions.

That's all folks

If you enjoyed this thread:

1. Follow me @2xnmore for more of these

2. Also follow @Aleph__Zero and share the thread, thanks. $AZERO #AZERO