About Aleph Zero
What is Aleph Zero?
Last updated
What is Aleph Zero?
Last updated
Based on an original peer-reviewed consensus protocol, Aleph Zero is a privacy-enhancing public blockchain featuring integration with the Substrate stack. It solves the shortcomings of current distributed ledger technology platforms by offering superior speed, validation time, scalability, and security.
Aleph Zero is powered by a custom algorithm that takes advantage of Directed Acyclic Graph (DAG) technology to create an efficient and decentralized system. It surpasses industry competition by employing a practical approach to the transfer of value and the extensibility of smart contracts. The validation times are always fast regardless of the number of transactions. Aleph Zero represents our vision for decentralized technology at the protocol level and will introduce a more pragmatic future for businesses and technology-seeking methods for exchanging large amounts of data with fast confirmations. The technology was built with customizable business solutions in mind that interact with other parties and allow settlements to be made on a truly decentralized ledger, thus proving the authenticity of centralized records.
A crucial element of Aleph Zero is the "hub and spoke" model it employs, which allows businesses to have a spoke or private instance, that interacts with the main decentralized ledger. Thanks to this solution, businesses can interact with each other in a trustless manner efficiently and cheaply while still maintaining their own private network.
When powered by Golang, Aleph Zero achieved validation times of 416 milliseconds for a simulated amount of 89’600 transactions per second (TPS). The environment in which this testing was conducted consisted of 112 Amazon Web Services (AWS) nodes spread across five continents. The current iteration of Aleph Zero was implemented in Rust to allow for integration with Parity’s Substrate technology stack. Technically, the language delivers better performance. However, the integration itself might result in lower numbers than those achieved in the test.
A key feature of Aleph Zero is the way in which it employs zero-knowledge proofs (ZKPs) to ensure the security and privacy of user data. This technology can innovate the way we view internet privacy and help us regain control over the personas we create online and make the internet a place where our sensitive data is released only with our approval.
Overall, the goal of Aleph Zero is to make it possible for SMBs and enterprises to communicate at a rate close to what they would expect with regular internet communication while still utilizing the benefits of decentralization. Additionally, beginning in 2024, Aleph Zero deployed an EVM-powered Layer 2 on the Ethereum network to cater to a broader range of developers, builders, and users offering them the speed and security features that characterize the Aleph Zero blockchain while fulfilling the network's vision of a modular Web3 world.