View source for Aleph (ALEPH)

{{Crypto_info_template|website=https://aleph.im/#/|total_supply=Total supply is 500,000,000 ALEPH (originally 1,000,000,000 that got reduced).|type=Distributed Cloud Service}}

== Basics ==
* Based in:
*Founded in:
* [[Mainnet]] release:
*From a [https://medium.com/avalancheavax/aleph-im-to-bring-simplified-decentralized-file-storage-and-computing-to-avalanche-2151a77b324c blog] by [[Avalanche (AVAX)|Avalanche]], which Aleph will also support (29-1-2021):

''"Aleph.im allows anyone to join its network and participate by providing storage space and computing power. The project is often thought of as a decentralized [[Amazon Web Services (AWS)]] or Firebase and a replacement for those functions."''

* Aleph.im assures long-term storage via its own [[decentralized]] network.
*Not to be confused with [[Aleph Zero]].

== History ==
== Token ==
=== Launch ===
=== Token allocation ===
From their [https://medium.com/aleph-im/500-million-aleph-token-reduction-ce8fc6fb79c2 blog] (28-7-2020):

# 50M — Innovation Pool
# 60M — Marketing Pool
# 150M — Company Pool
# 120M — Business Development Pool
# 100M — Incentive Pool
# 20M — [[NULS (NULS)|NULS]] Foundation Pool

=== Utility ===

* From the [https://aleph.im/#/ website] (1-2-2021):

''"It is used to pay for storage, computing and synchronisation fees."''

=== Token Details ===

* From the [https://aleph.im/#/ website] (1-2-2021):

''"It will eventually be hosted on the network itself with bridges towards underlying chains assets. In the meantime, it is currently hosted on three chains: Ethereum, NEO and NULS."''
== Technology ==
* [[Whitepaper]] can be found [https://github.com/aleph-im/aleph-whitepaper/raw/master/aleph-whitepaper.pdf here].
* Code can be viewed [https://github.com/aleph-im here].

=== Implementations ===

* Built on: As of [https://aleph.im/#/chains 1-2-2021]; [[Ethereum (ETH)|Ethereum]] ([https://etherscan.io/token/0x27702a26126e0b3702af63ee09ac4d1a084ef628 token]), [[Polkadot (DOT)|Polkadot]], [[Cosmos (ATOM)|Cosmos]], [[Binance|Binance Smart Chain]], [[Solana (SOL)|Solana]], [[Avalanche (AVAX)|Avalanche]] and [[NULS (NULS)|NULS]] ([https://nulscan.io/token/info?contractAddress=NULSd6HgyZkiqLnBzTaeSQfx1TNg2cqbzq51h token]) and [[Neo (NEO)|NEO]] ([https://neoscan.io/asset/2efdb22c152896964665d0a8214dc7bd59232162 token]).

=== How it works ===

* From a [https://medium.com/avalancheavax/aleph-im-to-bring-simplified-decentralized-file-storage-and-computing-to-avalanche-2151a77b324c blog] by [[Avalanche (AVAX)|Avalanche]], which Aleph will also support (29-1-2021):

''"The network [https://aleph.im/#/architecture uses] libp2p and [[decentralized]] pubsub (called gossipsub) to distribute the messages and guarantee speed. The hashes of the messages are committed regularly [[on-chain]] to ensure maximum, immutable security."''

* [https://aleph.im/#/architecture Uses] an [[Off Chain|off chain]] P2P network layer with a custom network powered by core channel nodes (24-6-2021).

=== Staking ===

* [https://docs.google.com/document/d/16GOjIgh6uTORowOKK03GrSYJlN8CF4T_oY_zmXT-_fY/edit Staking has] no cool down periods and has a minimum of 10k ALEPH (24-6-2021).

=== Liquidity Mining ===

* Is big on [[Liquidity Mining|yield farming]] ([https://medium.com/aleph-im/the-first-month-aleph-im-ff498a074b91 30-5-2021]):

''"We are launching ALEPH-USDC where we allocate 26M ALEPH to the Fusion Pool on [[Raydium (RAY)|Raydium]] with a distribution of 5% of the circulating token supply rewards in the first month."''

=== Scaling ===
=== Interoperability ===
=== Other Details ===
== Privacy Method ==
== Compliance ==

* From a [https://medium.com/avalancheavax/aleph-im-to-bring-simplified-decentralized-file-storage-and-computing-to-avalanche-2151a77b324c blog] by [[Avalanche (AVAX)|Avalanche]], which Aleph will also support (29-1-2021):

''"GDPR compliance is met thanks to a forget function that will be introduced later this year."''

== Oracle Method ==
== Their Other Projects ==
=== DEX ===
== Governance ==
=== DAO ===
=== Treasury ===
== Upgrades ==
== Roadmap ==
* Can be found [https://aleph.im/#/roadmap here] (24-6-2021).
== Audits ==
* [[Bug bounty]] program can be found [insert here].
=== Bugs/Hacks ===
* When [[KuCoin]] got [https://cointelegraph.com/news/freeze-pause-reboot-projects-react-differently-to-200m-kucoin-hack hacked] (28-9-2020), the team acted in a way which hints to [[centralized]] powers:
''"Aleph was also forced to take drastic measures after the project [https://medium.com/aleph-im/kucoin-exchange-hack-update-c1cd88a55301 reported] on its blog that 8.5 million ALEPH — about $1.2 million — had been compromised in the breach. The project stated it had reissued tokens on a new [[smart contract]], with the previous [[address]] and [[tokens]] “rendered obsolete.”"''

== Usage ==
=== Projects that use or built on it ===

* From a [https://medium.com/avalancheavax/aleph-im-to-bring-simplified-decentralized-file-storage-and-computing-to-avalanche-2151a77b324c blog] by [[Avalanche (AVAX)|Avalanche]], which Aleph will also support (29-1-2021):

''"The network is already used by live projects including a [https://my-beta.aleph.im/ Dropbox-like app], a [https://blogtest.aleph.im/ blogging app], and more."''

== Competition ==
== Coin Distribution ==
== Pros and Cons ==
=== Pros ===
=== Cons ===
* When [[KuCoin]] got [https://cointelegraph.com/news/freeze-pause-reboot-projects-react-differently-to-200m-kucoin-hack hacked] (28-9-2020), the team acted in a way which hints to [[centralized]] powers:
''"Aleph was also forced to take drastic measures after the project [https://medium.com/aleph-im/kucoin-exchange-hack-update-c1cd88a55301 reported] on its blog that 8.5 million ALEPH — about $1.2 million — had been compromised in the breach. The project stated it had reissued tokens on a new [[smart contract]], with the previous [[address]] and [[tokens]] “rendered obsolete.”"''

== Team, Funding, Partners, etc. ==
=== Team ===
* Full team can be found [https://aleph.im/#/team here] (24-6-2021).
*Jonathan Schemoul; CEO and founder
*[[Reaper Ran]]; advisor and co-founder [[NULS (NULS)|NULS]] 

=== Funding ===

=== Partners ===

* Has a [https://medium.com/aleph-im/aleph-im-ftx-backed-serum-dex-partnership-announcement-265fc349d2fa partnership] with the [[Serum (SRM)|Serum]] Foundation (28-7-2020).
*[https://decrypt.co/88880/after-backlash-ubisoft-calls-gaming-nfts-a-major-change-that-will-take-time Partnered] up with [[Ubisoft]] to help it with [[Non Fungible Tokens (NFTs)|NFT]] storage (21-12-2021).

==(:==
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