Aleph Zero is a public blockchain with enhanced privacy based on an innovative peer-reviewed Directed Acyclic Graph (DAG) with a PoS consensus mechanism and an interaction of the Substrate framework. Aleph’s novel peer-reviewed consensus has been develooped with a privacy structure based on ZK-SNARKs cryptography and a Secure Multi-Party Computation (sMPC): the protocol is distinctive as it mostly focuses on the creation of privacy-preserving distributed ledger technology (DLT). The project aims to provide alternatives to existing infrastructure barriers in a variety of sectors, including smart contract, Internet of Things (IoT), supply chain management, decentralized domain name system (DNS),...
With a wide range of potential applications, Aleph Zero can operate as a public ledger as well as a private instance connected to the public ledger. This allows enterprises to build decentralized projects that benefit from the speed and security of a public DLT platform while still being able to preserve the privacy of their transactions.
AZERO is a native token of the Aleph Zero ecosystem and can be used to: