ALPH (Alephium)

by research goldshell   May 7, 2024   REPORT

   

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66 | Alephium is a pow, Layer-1 blockchain with a stateful UTXO model and DAG data structure to deliver efficient and practical sharding.
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Alephium is built on a novel sharding algorithm called BlockFlow. It leverages a stateful UTXO model and DAG data structure to deliver efficient and practical sharding.

This enables Alephium to natively support over 10,000 transactions per second while preserving a seamless ‘single-chain’ user experience.

Through Virtual Machine, SDK, and performance-optimized programming language, Alephium allows devs to focus on what matters and pioneers entirely new possibilities for smart contracts, dApps, and tokens.

Key Features:

Scalable & Sharded: Alephium can support over 10,000 transactions per second while preserving a seamless ‘single-chain’ user experience.

Efficiency in Energy Consumption: Compared to classic Proof of Work, Alephium’s Proof Of Less Work reduced energy consumption by over 87%.

Programmable & Secure: Alephium’s stateful UTXO model combines the advantages of the UTXO and account models.

Novel VM design: Alephium’s novel virtual machine is designed to resolve many of the critical issues of the current dApps platforms.

Project team:

Alephium team members are mainly from Switzerland.

Cheng Wang
Core Developer
Thomas Droxler
Core Developer
h0ngcha0
Core Developer
Muchen
Core Blockchain Dev
Philipp Richner
Finances

Appendix

 


 

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