Aleph Zero is a layer-1 public blockchain built on the Substrate stack. It aims to improve upon existing blockchain infrastructures by offering faster speeds, quicker validation, greater scalability, and enhanced security. Aleph Zero utilizes DAG (Directed Acyclic Graph) technology and its AlephBFT consensus mechanism for value transfer and smart contract usage. Key features include the AlephBFT consensus, a variation of Proof-of-Stake designed for the protocol, combining PoS with a DAG for faster transaction validation and lower fees. Aleph Zero also employs zero-knowledge proofs (ZKPs) and secure multi-party computation (sMPC) to ensure data privacy and security, revealing data only with owner approval. It finds applications in various sectors like supply chain management, virtual game a...
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