Aleo Related Issues:
①Aleo Issuance
Total supply is 2.6 billion coins, not 1.5 billion coins. The 1.5 billion coins are produced through PoW and PoS, as well as Coinbase rewards and staking rewards, which accumulate over ten years.
The remaining 1 billion coins are reserved for investment institutions, teams, foundations, private placements, and public offerings, locked for one year, with a proportional unlock in the second year.
②Aleo Price Issues
After the launch, Aleo's price has been steadily declining despite initial increases, and continues to decline after the mainnet upgrade. There has been no listing on top exchanges, leading to insufficient liquidity, and currently, there are no agreements with market makers.
③Aleo Ecosystem Issues
The Aleo development team currently only focuses on cross-chain, Dex, NFTs, and liquid staking for ecosystem development. There have not yet been any phenomenal applications that can support a price increase trend for Aleo.
Aleo's ecosystem includes: privacy protection in the medical field, operation of large games, DeFi, financial transactions, DID, social applications, and more.
Below are the technical innovations and development achievements of the Aleo development team:
Aleo Instruction Set Architecture: ISA
Aleo Virtual Machine: SnarkVM
Aleo Zero-Knowledge Proof Operating System: SnarkOS
Aleo Programming Language: Leo
Aleo Consensus Mechanism: Aleo BFT
Aleo Consensus Algorithm: Zk Snark, advanced version Zk Snarks
Aleo Off-Chain Computing Technology: Zk Cloud
Aleo Zero-Knowledge Execution Technology: Zexe
Aleo's development completion rate has reached over 90%. Everyone is comparing it with Filecoin. However, Filecoin's development completion rate is only 20%–30%, and the two projects operate in different domains, making comparisons invalid.
The narrative and development described in the Aleo white paper can be 100% achieved, and the team's future focus areas are:
① Continuous upgrades of the mainnet and hardware acceleration
② Ecosystem layout and development
③ Solving withdrawal and liquidity issues
④ Building a strong community to promote Aleo's development
