Aleph Zero Introduces Its EVM-Compatible Layer on Mainnet
Zug, Switzerland, August 12, 2024, Chainwire
Aleph Zero has officially launched its lightning-fast Layer-2 solution that is compatible with Ethereum, expanding its privacy offerings and introducing new applications that integrate seamlessly into the major web3 ecosystem.
Aleph Zero — a blockchain framework specifically designed for speed, data protection, and developer accessibility — has just announced the introduction of its new EVM-compatible Layer-2 solution on the mainnet. This pivotal development signifies Aleph Zero’s foray into the Ethereum sphere, which aims to fast track application creation and extend its influence. zkOS privacy-enhancing solutions .
The Aleph Zero EVM Layer-2 has been developed in collaboration with a top-tier Rollup-as-a-Service provider and utilizes Arbitrum Orbit technology. This effective combination results in a blockchain that excels in speed and efficiency, achieving block times of just 250 milliseconds and near-instantaneous transaction finality. The network is adept at handling thousands of transactions every second, positioning itself as one of the swiftest EVM-compatible solutions available. Gelato “The Aleph Zero EVM harnesses the cutting-edge web3 scaling capabilities provided by Arbitrum Orbits—complemented with top-tier developer tools—to construct a leading-edge privacy-focused blockchain infrastructure. As more real-world applications come to light, privacy is set to be a dominating theme in 2024 and beyond,” stated Luis Schliesske, Founder of Gelato.
This Layer-2 framework will draw upon Aleph Zero’s established Substrate-based WASM Layer-1 blockchain as its Data Availability layer. This structure ensures a robust and decentralized basis for the new EVM platform, benefiting from Aleph Zero's well-established network comprising over 190 validator nodes.
The AZERO token will facilitate all gas transactions on the Layer-2 network, similar to its current function on the Layer-1.
New zkOS Features Coming to Aleph Zero's EVM-Layer in Q4
zkOS represents Aleph Zero’s innovative privacy framework aimed at simplifying the integration of confidentiality features into blockchain applications. This aligns with Aleph Zero's goal of streamlining the use of privacy-enhancing technologies, with optimization results indicating the system can generate ZK proofs in less than a second on consumer devices.
zkOS centralizes Aleph Zero's privacy solutions into a singular, developer-friendly toolkit that eliminates the need for extensive cryptographic expertise to implement. The framework is designed to address existing obstacles in on-chain privacy, such as cumbersome user experiences, prolonged proof generation times, and limited multisig functionalities. Through optimization, zkOS achieves zero-knowledge proof generation in under a second on consumer devices, thereby making privacy features more accessible and economically viable for both new and existing applications across diverse blockchain ecosystems.
“The EVM ecosystem, with its established user base and comprehensive tools, enables us to accelerate the development of the zkOS privacy framework and extend it into the second-largest market in crypto following Bitcoin. This is an ideal complement to our Layer-1, offering more options for both developers and users,” commented Adam Gagol, Co-founder of Aleph Zero.
Initial Use Cases Being Developed on Aleph Zero EVM Include:
– a luxury marketplace for Real-World Assets (RWA).
- pieces.market – a DAO-as-a-Service platform, equipped with private voting functionalities.
- Syncra – a privacy-centric decentralized identity management system.
- Upcade – a web3 gaming hub.
- Rarible – the NFT marketplace.
- DRKVRS – a web3 multiplayer RPG game.
- idOS Another innovative application on the Aleph Zero EVM, vib3s, aims to empower the sports and entertainment sectors, helping them cultivate deeper relationships with their customers and fans through Web3 capabilities.
- Tubbly – a walk-to-earn game.
Introducing vib3s
This whitelabel solution allows businesses to swiftly deploy groundbreaking applications that enhance user retention and engagement, featuring a readily customizable product to meet each organization’s unique requirements.
Among its standout features, users will encounter an integrated newsfeed, a built-in crypto wallet, a loyalty points system managed on-chain, engaging thematic games, branded card payment options, and cashback on loyalty points. Notably, the app is designed with user privacy in mind, ensuring compliance with GDPR regulations.
The project plans to roll out its initial deployment later this month, targeting a significant entertainment use case in Europe.
vib3s is powered by the Aleph Zero blockchain and the Upcade gaming hub, as well as solutions from Holyheld , Thirdweb , idOS , and others.
For more information about Aleph Zero, users can check the official website.
Aleph Zero represents a comprehensive ecosystem of blockchain solutions tailored for high-speed operation, data confidentiality, and developer convenience. It delivers efficiencies comparable to traditional web2 systems while adhering to strict data protection protocols through advanced Zero Knowledge Proofs. The platform provides an extensive toolkit for development across web3, encompassing both WASM and EVM environments. Aleph Zero’s adaptability is showcased through the active development of over 40 use cases, reflecting its versatility across various sectors and applications. These initiatives are part of a committed community and a growing array of web3 applications supported by Aleph Zero programs. https://alephzero.org .
About Aleph Zero
For any inquiries regarding this announcement, users can reach out through the provided contact details. Please be aware that the information presented here is not intended as legal, tax, investment, or financial advice. It’s crucial to only invest what you can afford to risk, and to seek independent financial advice if you have any uncertainties. We recommend reviewing the terms and conditions as well as the assistance and support sections offered by the issuer or advertiser. MetaversePost strives for precision and impartial reporting, but market conditions can shift without prior notice.
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