#Aleo Zk Series Major Technologies: Zk Snarks Used Projects: Aleo Zec (Zcash) Zen Zk Sync Matic (2.0) Fil Coin (Improving Scalability)
In the first quarter of 2025, ETH Mainnet Upgrade, Incorporating Zk Snarks
Zk Strk Used Projects: Strk Net
Zero-Knowledge Proofs are currently the cutting-edge technology in the cryptocurrency industry. Aleo's potential will gradually be discovered by the market and recognized by the public, which requires a process of time accumulation and value discovery.
The Ethereum upgrade in 2025 will incorporate Zk Snarks technology, which is privacy protection, and the Zk series is waiting to take off.
CHR to moon
--
$ZEN The United States may announce the legalization of privacy! Related concepts Zec, Dash, Zen. APE developed by the Zen team is technically verifiable. There’s also support from Grayscale, and airdrops in January are just small matters! Currently, this kind of rise has never been seen in historical lines, it can only be said that the bear market was cleaned up very thoroughly! Coupled with official negative news, several times! The upper part is not just low volume, it has no volume, and basically all coins in the market are gone.
According to the current trend, #Aleo should form a W bottom pattern, confirming the double bottom trend, indicating that Aleo's spring has arrived.
In 2025, the Ethereum mainnet will upgrade again, with Zk Snarks technology as the main direction. Vitalik Buterin has repeatedly mentioned the importance of Zk Snarks for the development of blockchain.
The Aleo team has conducted extensive research on Zk Snarks technology, leading to the launch of the Snark OS (Zero-Knowledge Proof Operating System) and Aleo's dedicated virtual machine system, abbreviated as SnarkVM (AVM).
In the first quarter of 2025, Aleo will launch dedicated mining machines (ASIC) based on ZKP hardware facilities, manufactured by Bitmain and outsourced to TSMC, with algorithms based on Snark technology.
In the first quarter of 2025, Ethereum will undergo another mainnet upgrade. The focus of this upgrade is on Zk Snarks technology. Currently, the Ethereum Foundation is integrating the Zk Snarks technology used by Zec, the Zcash.
After the Ethereum mainnet upgrade, Zk Snarks will be utilized in the development of the Ethereum main chain and side chains. Vitalik Buterin has repeatedly emphasized the importance of Zk Snarks for the development of blockchain.
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 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
Introduction to the composition and development of the Aleo ecosystem
#Aleo The Aleo ecosystem covers multiple areas, including but not limited to: 1. Browsers and exploration tools: Such as Aleo Explorer, Hamp Explorer, Aleo123 Explorer, and Aleo Info Explorer, these tools allow users to browse and explore information on the Aleo blockchain. 2. Identity and Authentication: Including Nemean, Spruce DID Kit, zkDrop, ANS, zkKYC, AleoGuard, Alei, etc. These tools and applications provide different authentication and privacy protection solutions. 3. Gambling and games: Such as Where's Alex, Treasure Hunt, Super Leo Lig, Aleo Fortune, Puzzle SDK for zkGames, etc. These are games and gambling applications built on Aleo.
#Aleo Aleo received investments from giants like A16z, SoftBank, Samsung, Tiger Global, and Coinbase. You may doubt the character of capital, but do not doubt its vision.
Aleo has been online for a few months, why is it still hovering at the bottom? When will it improve? Isn't this a question everyone has? I have the same question. Look at the neighboring STRK, which also uses zero-knowledge proofs; however, Aleo implements the Snark algorithm while STRK implements the SRTK algorithm. Aleo has two additional features: one is zk cloud off-chain computing, and the other is privacy protection. STRK can also perform a large amount of TPS calculations through scaling, and so can Aleo. STRK has been at the bottom for so long; it recently just broke through the bottom but was knocked back down. More importantly, it was personally invested in by Vitalik Buterin. Compared to the STRK algorithm, Aleo's Snark algorithm is currently the mainstream algorithm for zero-knowledge proof projects.
#Aleo Aleo Changes After Reduction: The first image shows block rewards and puzzle rewards before the reduction. The second image shows block rewards and puzzle rewards after the reduction (the larger rewards are from pow output). The third image shows the current node operation situation of Aleo.
Introduction to the Aleo Development Team|Introduction to Aleo Algorithm Snark and AleoBFT Consensus Mechanism
(1) Raymond Chu (Co-founder of Aleo, graduated from the University of California, Berkeley, responsible for developing verification nodes such as Snarkvm and snarkOS)
(2) Collin C (Co-founder of Aleo, graduated from the University of California, Berkeley, responsible for the development of the Aleo programming language Leo)
(3) Howard Wu (Co-founder of Aleo, graduated from the University of California, Berkeley, co-founder and CTO, has contributed code to Fil, Ethereum, and Zcash, responsible for developing the Aleo consensus protocol Aleo BFT, with profound research results in zero-knowledge proofs)
(4) Alex Pruden (Graduated from the United States Military Academy at West Point, served in the U.S. Army Special Forces, currently the Executive Director of the Aleo Foundation, served at A16z from 2019 to 2020)
66,705,386,209,300 blocks countdown, halving by 50%, inflation reduced to 5%. The future has arrived, time does not disappoint those who are diligent, and starlight does not fail those who are on their way.
On December 9, 2024, at 23:00 GMT+8, the Snark algorithm will be upgraded, resulting in a 50% reduction in output and a block time of 10 seconds.
According to the official introduction, the number of validators will increase, and the inflation target will be reduced to 5%. This upgrade will significantly enhance the mainnet performance and increase TPS.
Currently, the TPS of the Aleo mainnet is 10-12 transactions per second.
Aleo is collaborating with healthcare companies and blockchain game development companies, and related information has been updated on GitHub. Interested friends can check it out.
Whether you believe it or not, the future has arrived. The era belonging to Aleo is about to come, so hold on firmly and wait for the flowers to bloom. The cold winter has passed; can spring be far behind?
We will continue to update information related to Aleo. Interested friends can follow along.
#Aleo Aleo has not yet been listed on the top exchanges, and its trading volume fluctuates by tens of millions of dollars every day.
However, don't underestimate this project, which is considered a small plate by many people.
Compared with mainstream currencies, Aleo's current transactions still have a long way to go, but Aleo has a bright future.
In the later stage, through hardware acceleration such as zkt and main network upgrade acceleration, Aleo's main network performance can be greatly improved.
At present, the development of blockchain has entered a bottleneck period, and Ethereum's performance requirements for the development of blockchain can no longer meet the needs.
Such as: high scalability and high TPS performance
Aleo can greatly improve the performance of the main network, especially scalability and TPS performance, by upgrading the advanced algorithm Zk Snarks.
The subsequent ecological development of blockchain, such as: social networking, playing audio and video on the blockchain chain, running large games on the blockchain...
To achieve the above requirements and performance, it is obvious that the current blockchain performance requirements cannot be met. The era of currency speculation has passed, and the future blockchain will move towards the era of real application.
The application era requires superior performance requirements. However, to run the above applications, the network performance and network processing capabilities required are very high.
Of course, through the main network upgrade and hardware acceleration, Aleo's main network TPS can reach hundreds of thousands of transactions per second, or even millions of transactions per second, plus privacy protection. This is the main development direction of Aleo, and Aleo can solve the performance bottleneck problem of blockchain.
Whether you believe it or not, the future has come, and the direction of historical trends will not matter whether you believe it or not, it will happen. It will not be stagnant because of the disbelief of a few people or some groups.
The rapid drop and quick recovery of Bitcoin is a sign of targeted leveraged contract explosions; the longer the spikes, the more beneficial it is for future market trends.
Compared to a slow decline, which is more agonizing, it's hard to see the end.
Good chips are those that drop less during downturns, rebound quickly during recoveries, spend little time in sideways consolidation, do not follow the ups and downs of the market, and move freely, which can be frustrating.