Aleo is known for its data privacy protection and high scalability, which stems from Aleo's architecture and innovative design, providing a new direction for the currently stagnant blockchain technology.
The differences between Aleo and other blockchains:
① There is no concept of gas fees; Aleo's network transaction fees are calculated in advance using zk zero-knowledge proofs to determine how much needs to be paid.
② Aleo's innovative design concept submits mainnet transaction information to off-chain processes, and only the transaction results are confirmed on-chain, executed through zk cloud.
③ After a series of algorithm upgrades, Aleo's mainnet TPS can reach an ideal state of 10K to 20K, which basically meets the current development needs of the blockchain.
Blockchains led by SOL have a TPS of 1K to 3K, which currently represents the best TPS performance among blockchain networks.
Why is TPS so important? The future of blockchain is the application era, and the hype around tokens is over. As an application chain, if the mainnet's performance is poor and cannot meet the demands and requirements of blockchain development, it will ultimately be eliminated by the market.
Currently, playing movies online, chatting on social media, and gaming are the most common activities, but on the blockchain, this is a luxury. The current performance of the blockchain cannot meet the development needs and has stagnated. During this round of the bull market for Ethereum, there is clearly insufficient upward momentum, and the price is one of the most obvious indicators reflecting the development of the blockchain network.
The emergence of Aleo gives a glimmer of hope for the scalability of blockchain performance, thanks to Aleo's unique design, which can significantly increase the performance of the mainnet, coupled with extremely fast transaction confirmation speeds, allowing Aleo to take the initiative in the market.
