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The era of smart contracts, first introduced by Ethereum, turned the niche technology of blockchain into an innovation catalyst with enormous possibilities. However, the pursuit of scalability left important principles behind. By neglecting decentralization, security and self-determination, the potential of the blockchain was not fully exploited.
The trade-offs for scaling with diverse attack vectors impact blockchains and dApps. However, this is exactly why Alephium was created: to make life easier for developers and users.
By combining Bitcoin’s UTXO and Ethereum’s account model, Alephium inherits the best of both worlds. This makes it safe and immune to most vulnerabilities in EVM-based blockchains, but at the same time flexible and expressive, allowing the creation of complex and powerful dApps.
Technology, security and unique user experience
A main focus since day one has been technology, security and a unique user experience. The difference with other Layer 1 blockchains is that they often require highly technical experience, which isolates average users from the rest of the crypto ecosystem.
Alephium is a “Sharded Proof of Work” blockchain. The Blockflow algorithm allows the network to process up to 400 transactions per second today and 10,000+ TPS later. Here too, the upcoming network upgrade, the Rhône Upgrade, attempts to optimize the user experience. The block time of 64 seconds should be reduced to 16 seconds per block.
Attractive user interfaces are a must. Try the wallets developed by the core team for yourself, which are available across platforms for desktop, browser and mobile devices.
Alephium is working towards a decentralized future
After just 2 years of mainnet, Alephium offers a new ETH bridge with a TVL of $22 million as well as 6,000 addresses with wrapped $ALPH. Additional bridges are planned to strengthen Alephium’s connection to the rest of the crypto ecosystem and maintain strong momentum and new user inflows for ecosystem dApps such as a DEX, an NFT Marketplace, a Launchpad and multiple games.
Discover the best apps on Alephium
The community is currently working on additional applications. We are also eagerly awaiting the results of the first hackathon, which will take place from February 12th to 26th and includes a prize pool of up to 50,000 dollars in $ALPH.
Follow Alephium and join us to work towards a decentralized future, supported by a growing and enthusiastic community and an increasing number of developers!
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