Aleph (ALEPH)

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Aleph
TypeDistributed Cloud Service
Total supplyTotal supply is 500,000,000 ALEPH (originally 1,000,000,000 that got reduced).
Websitehttps://aleph.im/#/

 Basics

  • Based in:
  • Founded in:
  • Mainnet release:
  • From a blog by 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."

History

Token

Launch

Token allocation

From their blog (28-7-2020):

  1. 50M — Innovation Pool
  2. 60M — Marketing Pool
  3. 150M — Company Pool
  4. 120M — Business Development Pool
  5. 100M — Incentive Pool
  6. 20M — NULS Foundation Pool

Utility

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

Token Details

"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

Implementations

How it works

  • From a blog by Avalanche, which Aleph will also support (29-1-2021):

"The network 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."

  • Uses an off chain P2P network layer with a custom network powered by core channel nodes (24-6-2021).

Staking

  • Staking has no cool down periods and has a minimum of 10k ALEPH (24-6-2021).

Liquidity Mining

"We are launching ALEPH-USDC where we allocate 26M ALEPH to the Fusion Pool on 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 blog by 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

Aleph Zero EVM

  • From their X (12-8-2024):

"Developed in collaboration with@gelatonetwork using @arbitrum Orbit, Aleph Zero EVM is a specialized layer 2 that will bring EVM-compatible ZK-privacy and rely on the Aleph Zero WASM L1 as a Data Availability layer."

Roadmap

  • Can be found here (24-6-2021).

Audits

Bugs/Hacks

"Aleph was also forced to take drastic measures after the project 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 blog by Avalanche, which Aleph will also support (29-1-2021):

"The network is already used by live projects including a Dropbox-like app, a blogging app, and more."

Pros and Cons

Pros

Cons

"Aleph was also forced to take drastic measures after the project 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 here (24-6-2021).
  • Jonathan Schemoul; CEO and founder
  • Reaper Ran; advisor and co-founder NULS

Funding

Partners 

(:

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