Investment in Aleph Zero

BuidlHodl Capital is thrilled to announce an investment in Aleph Zero — a fast and scalable Layer-1 solution with private smart contracts that utilises a custom Proof-of-Stake (PoS) consensus model together with a directed acyclic graph (DAG) architecture.

As a DAG, Aleph Zero is atypical; it is a blockchain but not in the sense of a single canonical chain. It is through the application of DAGs that Aleph Zero’s blockchain can tackle the issues of the Blockchain Trilemma faced by other networks, namely decentralisation, security and scalability. In the case of the latter, Aleph Zero’s peer-reviewed consensus protocol (AlephBFT) achieved 89,600 tx/s with a 416 ms confirmation time. As such, Aleph Zero’s blockchain will be able to handle huge volumes of transactions in greater speeds compared to other blockchains. Furthermore, DAGs remove the need for mining equipment which consequently reduces energy consumption and costs of transaction fees, leading to an overall greater user-experience on the network.

Within the Aleph Zero ecosystem is also Liminal, a multi-chain privacy layer for Web3.0 that acts as a portal between other blockchains and Aleph Zero. Soon to be launched in 2022, Liminal is especially exciting because it offers a unique, first-to-market hybrid solution to privacy, that is by combining the use of ‘zero-knowledge’ proofs (ZK-SNARKs) and Secure Multiparty Computation (sMPC) in a complementary manner. Another product within the ecosystem to look forward to is Common, the first initiative the Aleph Zero team will be building on top of the blockchain. Common is a Decentralised Exchange (DEX) native to Aleph Zero and a Decentralised Dark Pool with state-of-the-art security.

While the competitive arena of Layer-1 blockchains may at times seem overcrowded with numerous networks having emerged in the past two years and each positing to be better than the other, the innovative privacy-focused framework behind Aleph Zero gives us great confidence that Aleph Zero will have a huge place in the multi-chain future of blockchain.

Find out more about Aleph Zero here:
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