Hello everyone, welcome back, I am AD~👻
Taking advantage of the market downturn, we can take a moment to study some quality projects that can withstand bull and bear cycles. Today, I would like to introduce the potential PoW public chain project Alephium.
#POW #Alephium
I. Basic Information of Alephium
Alephium is a next-generation proof-of-work (PoW) blockchain designed to solve the scalability and energy consumption issues faced by traditional blockchains. As one of the earliest multidimensional blockchains, Alephium provides extremely high transaction throughput and low fees through sharding technology and the sUTXO model, making it suitable for DeFi, NFT, and payment fields.
II. Technical Advantages
Sharding and Blockflow: Alephium uses the Blockflow algorithm to achieve horizontal scaling of the blockchain, supporting up to 10,000 TPS, significantly improving transaction processing speed and network throughput.
Proof of Less Work (PoLW): By requiring miners to burn tokens instead of high-energy mining, it reduces energy consumption while ensuring decentralization and security of the network.
sUTXO model: Combines the security of Bitcoin with the flexibility of Ethereum, providing dual protection for asset management and smart contracts.
Ralph Language and Alphred VM: Developers can write efficient and secure smart contracts using the Ralph language, while the Alphred VM ensures the precise execution of these contracts.
III. Team Information
Alephium is also a fully real-name public chain team, with core members including @wachmc (who has two experiences in doctoral research, both of which were dropped out. The first was a PhD in number theory, and the second was a PhD in distributed algorithms), Simply Thomas (who studied computer science at EPFL and obtained a bachelor's/master's degree. Before engaging in cryptocurrency, he worked in the field of autonomous vehicles.)
IV. Recent Project Developments
On December 9, Alephium was selected as the blockchain backbone for @GIGATONS_Group's billion-dollar climate revolution, aiming to tokenize $100 billion over the next few years, powering one of the largest net-zero emissions initiatives globally.
V. Ecosystem Information
DeFi
Alphpad: Alephium's issuance platform, supporting IDO (Initial Decentralized Offering)
AYIN: Alephium's first decentralized exchange, providing token swapping and liquidity services.
AlphbanX: A platform providing stablecoin and lending services.
CandySwap: A feature-rich decentralized exchange for limit orders, supporting advanced trading strategies.
Games and NFTs
Alephium Battle: A collectible NFT card game based on the Alephium blockchain.
Alphaga: A leading NFT marketplace on Alephium, offering trading rewards through the $ALPHAGA token.
Deadrare: A platform for minting, trading, and issuing NFT collections.
Tools
Alephium Decoder: A tool for decoding raw data of contracts and transactions.
RalphBuilder: An AI-driven tool for simplifying smart contract creation.
Blockflow Visualizer: A 3D visualization tool for Alephium's sharding algorithm.
VI. Comparison with Similar Projects
$Alph uses pow sharding
Compared to public chains $ton and $near that use pos sharding technology in terms of tvl/market cap
Compared to near, undervalued by 3.23 times
Compared to ton, undervalued by 5.88 times
VII. Project Token Information
$ALPH is the core asset of the public chain, currently ranked 353rd by market cap, with a total market cap of $163 million, and can already be purchased on exchanges like bitget, mexc, and gate.
In summary, as a quality public chain project with PoW sharding technology, @alephium is still worth continuous attention and research, and I hope everyone can achieve satisfactory gains in the bull market~!
Remember to follow Alephium's official Chinese Twitter to learn more about the latest news.
@ALPH_CNintern
