Aleph Zero

Aleph Zero is the first scalable and privacy-enabled POS blockchain solution that will share and scale your data. Its novel way of achieving a Proof-of-Stake consensus provides swift transaction confirmation. With zkOS, plus its emphasis on usability for institutional clients and developers, Aleph Zero is positioned to shake up the next-gen blockchain landscape efficiency and security.

Token Overview

Azero's (AZERO) native token is used for governance, staking, and transaction fees on the Aleph Zero network. It has a total supply of 300 million tokens, which means that there is not an infinite number available and so it is scarce, however now 150 million exist in circulation. Lot of the ecosystem functionalities rely on AZERO token, and the newly launched EVM compatible layer​ is one of them.

Tokenomics

The tokenomics of Aleph Zero encourage sustainability and decentralization The project has had $14.8 million raised through various funding rounds along with an additional $500,000 lined up through public sales. AZERO fuel the economy with low fees in a fast finality WASM L1 and EVM L2.

ICO Details

The initial coin offering (ICO) of Aleph Zero provided the project with a solid funding base for its development. ASIC related possibilities were dismissed based on high-level goals regarding decentralization, with an emphasis on community involvement and transparency from the ICO. Successful funding campaigns attracted prestigious names such as Supernova and Genblock Capital, reflecting the investors' belief in the organisation's vision.

Technical Features

Aleph Zero also introduces very unique technology, including DAG based consensus and is EVM compatible, both of which differ from many other technologies. Low-cost transaction finality at 900 milliseconds makes its infrastructure enabling for a rich ecosystem of DeFi and private data storage​ applications.

Team and Leadership

A team of blockchain visionaries and technology veterans, including Antoni Zolciak and Michał Świętek, run Aleph Zero. They have a strong background at the intersection of privacy enhancing technologies, cryptographic research and large-scale platform development. Such leadership drives the space of innovation but has strong security protocols​.

Roadmap

Aleph Zero's roadmap showcases its commitment to continuous development. Key milestones are the launch of Aleph Zero EVM, the further integration of zkOS with Aleph Zero and additional developer tools that will make it possible to be used every day. Interoperability layer upgrades between WASM L1 and EVM L2 networks​ is also a plan for the future.