Imagine a blockchain network where every piece of data, every transaction, and every application is seamlessly decentralized, secure, and lightning-fast. Welcome to Aleph.im, an open-source cross-chain network designed to revolutionize decentralized application (dApp) infrastructure. By offering decentralized database services including file storage, computing, and a decentralized identity (DID) framework, Aleph.im empowers developers to strip away centralized components from their stack, achieving true decentralization. Think of it as the decentralized alternative to AWS or Firebase, supercharging the DeFi ecosystem. Dive into the world of Aleph.im and discover how it's pioneering the future of decentralized applications.
What Is Aleph.im (ALEPH)?
Aleph.im is an open-source cross-chain network featuring a decentralized database, including file storage, computing, and a decentralized identity (DID) framework. Aleph.im’s core mission is to help decentralized apps and protocols strip off the centralized parts of their stack, achieving a fully decentralized architecture. You can think of Aleph.im as a decentralized AWS or Firebase. Aleph.im is focused on supercharging the DeFi ecosystem.
Who Is the Founder of Aleph.im?
Aleph.im was created in 2018 by Jonathan Schemoul, also known as Moshe Malawach. Based in France, Moshe has been programming since childhood. Before entering the blockchain space, Moshe developed enterprise software across finance, supply chain, and other major industries. He then became a key contributor in the NULS community, building the explorer and the Proof of Credit Mining (POCM) system, among other things. Moshe’s ability to bring tangible business value using blockchain technology is what has made Aleph.im what it is today.
Where Is The Office Located?
Aleph.im is headquartered in Paris, France, but its team is distributed across the globe.
What Makes Aleph.im Unique?
Aleph.im is a unique blend of on-chain and off-chain decentralized technologies. Its decentralized network is off-chain but can only be interacted with through blockchain networks. This enables key features such as security and advanced crypto-economics.
Aleph.im is already compatible with many leading blockchain projects, including Ethereum, Polkadot, Cosmos, and BinanceChain. This compatibility enables any project building on these platforms to integrate with Aleph.im's decentralized database and file storage.
Finally, Aleph.im implements a channel mechanism allowing sharding—subnetworks with all the Aleph.im network features. You can think of shards as dedicated cloud clusters.
How Are Transactions Managed?
On-chain transaction fees are free for users as long as web dApp teams pay for them, which is a similar business model to web2, where app owners pay cloud providers such as AWS. On-chain transactions are batched, so fees are minimal.
Aleph.im also provides delegated transactions. These transactions are managed by the network, so there is no need for users to manually resubmit a transaction or adjust its fee.
How Is Data Managed?
Data on Aleph.im is private and encrypted by default, with the option to make data public. Data is only stored on the necessary minimum amount of nodes and can be stored on nodes in specific geolocations.
Aleph.im is compatible with IPFS, meaning that the data gets replicated on Aleph.im nodes and on IPFS.
What Products Are Already Built on Aleph.im?
Several products are already built on Aleph.im, including:
- Staking DApp
- Personal Storage DApp
- Blogging DApp (tech-preview)
- The website of Aleph.im itself is hosted on the Aleph.im network
- Starname, using our decentralized DB to save crypto profile details
What Tools Does Aleph.im Provide for Builders?
Aleph.im provides several tools for builders, including:
- Aleph.im SDK, which includes Javascript and Python client libraries.
- Aleph.im network Explorer
- Aleph.im Token Swap to swap your ALEPH tokens between NEO, NULS, and Ethereum networks
What Is The Utility of the ALEPH Token?
The ALEPH token serves multiple purposes within the Aleph.im ecosystem:
- Staking Token: Used as collateral to secure the network.
- Reward Token: Distributed for staking and/or running nodes, and for providing cloud services.
- Payment Token: Used to pay for storage, computing, and synchronization services.
How Many ALEPH Coins Are There in Circulation?
As of December 28, 2020, there are 69.73 million ALEPH tokens in circulation. Aleph.im did not hold an ICO. The initial minting process involved staking NULS tokens in the Proof of Credit Mining (POCM) platform, which rewarded stakers in ALEPH tokens. The total token supply was reduced by half in July 2020. Tokens currently put in circulation are for stakers, node operators, liquidity providers, marketing, and company usage.
Where Can I Buy ALEPH Tokens?
ALEPH is available for trading on a growing number of exchanges. We recommend using Uniswap, but ALEPH is also available on centralized exchanges.
Where Can I Learn More About The Project?
Currently, our main and most up-to-date communication channels are our Medium blog, Twitter account, and Telegram channel.
AMM
- Uniswap (ETH)
- Balancer (ETH)
- 1inch (ETH)
- 0xProtocol (ETH)
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