Recently, Aleph Zero has seen a surge in network usage, with RPC calls skyrocketing from an average of 1 million to over 100 million daily following the launch of Common. This growth accompanies a steady rise in Total Value Locked (TVL) surpassing $4 million, and an on-chain trading volume of $160,000.
Aleph Zero distinguishes itself as a layer-one blockchain platform designed to tackle the challenges traditional blockchains face. It offers developers a robust foundation for building decentralized applications, emphasizing security and scalability through its AlephBFT consensus protocol and privacy features such as the upcoming Liminal layer.
Additionally, the Aleph Zero blockchain just underwent some major upgrades! Join us for the most recent updates within the A0 ecosystem!
Enhancing Privacy and Performance: Aleph Zero’s Blockchain Upgrades
Aleph Zero is gearing up for transformative upgrades in 2024 that promise to redefine blockchain technology and DeFi ecosystems. Among the standout advancements is the introduction of zkOS, a pioneering ZK privacy system capable of generating proofs swiftly on consumer-grade processors. Notably, this system not only enhances your privacy across applications but also integrates seamlessly with EVM-compatible networks. Additionally, it offers Privacy-as-a-Service (PaaS) through Aleph Zero’s zkToolkit.
Moreover, Aleph Zero is launching an EVM Layer 2 network powered by its ZK technology, developed in collaboration with Gelato and known as Arbitrum Orbits. This Layer-2 solution supports rapid block times and facilitates efficient interaction between Aleph Zero and other networks, bolstering AZERO’s utility and adoption for you.
In addition to privacy enhancements, Aleph Zero is fortifying its Data Availability Layer to ensure robust data accessibility and security within its ecosystem. This upgrade will optimize network performance, reliability, and user experience, fostering a conducive environment for the development of diverse blockchain applications. Together, these upgrades underline Aleph Zero’s commitment to advancing privacy, scalability, and functionality in blockchain technology.
Ecosystem Funding Project Updates
The Head of Community at Aleph Zero, Daniel, provided some critical updates regarding the funding for projects within the Aleph Zero chain. DRKVRS is hosting an exclusive pre-sale event to raise $250k while advancing their game development efforts. Kintsu has completed an audit with HatsFinance and is now focusing on implementing improvements that will feature liquid staking capabilities ahead of their upcoming launch. Meanwhile, Abax is preparing for its launch and has published governance parameters for Abax DAO, encouraging community engagement through voting on Discord. Additionally, Panjea is making strides in its closed beta testing phase, gearing up for its following stages.
Stay tuned to Genfinity’s Twitter account for an exclusive interview with Panjea next Wednesday, June 26!
DRKVRS Litepaper: A New Dawn in Web3 Gaming
DRKVRS, built on the Aleph Zero blockchain, aims to redefine Web3 gaming with its immersive third-person action RPG multiplayer shooter set in a dark universe. The game integrates cutting-edge Unreal Engine 5.x for high-fidelity visuals and utilizes NVIDIA DLSS technology for enhanced graphics. Furthermore, Aleph Zero’s blockchain infrastructure supports seamless in-game transactions, ensuring efficient NFT trading, token staking, and governance participation. This foundation enhances player engagement and secures transactions through Zero-Knowledge Proof technology, providing privacy and data protection.
DRKVRS distinguishes itself with a rich narrative that explores themes of survival and betrayal, complemented by strategic combat and cooperative gameplay mechanics. Four distinct factions offer players varied playstyles and abilities, influencing strategies and interactions within the game. DRKVRS’ strategic approach fosters a dynamic player ecosystem where community members actively shape the game’s development and direction. Read the new DRKVRS litepaper to learn more!
Luxury Real-World Assets are coming to Aleph Zero
Pieces Market is a Web3 platform that facilitates fractional investment in luxury real-world assets such as cars, watches, and yachts, with investments starting from $100. Combining Web3 technology with a user-friendly Web2 interface, the platform welcomes seasoned crypto enthusiasts and newcomers. Pieces Market offers traditional login options and an integrated self-custody wallet, which ensures accessibility and security.
Significantly, partnering with Aleph Zero for robust security measures like transaction shielding and blind auctions enhances user privacy and experience. The team behind Pieces Market comprises experienced entrepreneurs with backgrounds in notable institutions and startups, bringing a wealth of expertise to the decentralized finance space. Scheduled to launch initial auctions in early 2025, Pieces Market aims to progressively unveil its offerings to the Aleph Zero community in the upcoming months.
Aleph Zero + Harbour Technologies’ Magic Ramp
Harbour Technologies is introducing its Magic Ramp tech to the Aleph Zero ecosystem, marking a significant enhancement in your user experience. The Magic Ramp revolutionizes the ramping process by integrating Harbour’s rapid and cost-effective bank-to-blockchain payment system with Aleph Zero’s efficient on-chain transactions. Each KYC user receives a unique Magic IBAN directly linked to their Aleph Zero wallet, enabling seamless deposits of stablecoins in just 10 seconds and at a fraction of current costs. Off-ramping is equally streamlined: you can simply execute a standard on-chain transaction to receive EUR directly deposited into their bank accounts with remarkable speed.
This integration paves the way for real-time, economical bank-to-blockchain transactions. Developers on Aleph Zero can integrate the Magic Ramp into their applications, providing end users with swift, effortless asset transfers on and off the blockchain. This development introduces innovative fiat-to-crypto possibilities, initially benefiting Aleph users and the community within the EU by facilitating unprecedented connectivity between bank accounts and self-custody wallets.
Kintsu Partners with Space and Time
Kintsu is revolutionizing decentralized finance on the Aleph Zero blockchain, introducing liquid staking — you can now stake cryptocurrency securely while maintaining liquidity. Initially funded by the Aleph Zero Ecosystem Funding Program, Kintsu emphasizes decentralization and security, leveraging Aleph Zero’s strengths to offer a seamless staking experience. This innovation allows users to participate in DeFi activities without locking up their assets, paving the way for broader accessibility and efficiency in blockchain transactions.
In recent news, Kintsu has partnered with Space and Time, a trailblazer in blockchain data infrastructure. This collaboration represents a significant advancement for Kintsu as they integrate Space and Time’s cutting-edge solutions to enhance data accessibility within the Aleph Zero ecosystem.
Space and Time pioneers the first decentralized data warehouse, offering sub-second Zero-Knowledge (ZK) proofs for on-chain and off-chain data. This capability merges real-time, relational blockchain data indexed from major chains with external data from any source. This capability enables query results to be published directly to smart contracts within block time, verified by Proof of SQL. Together, we are shaping the future of decentralized applications by building innovative solutions at the intersection of AI and blockchain technology.
Other Developments
AZERO & Talisman Wallet
You can now effortlessly stake AZERO using the Talisman wallet to qualify for Common Drops! Talisman is a user-friendly wallet designed for Ethereum and Polkadot. It offers top-notch security and simplifies Web3 for beginners while empowering advanced users. Furthermore, it supports over 180 networks, including Ethereum, Polygon, Binance Smart Chain, Polkadot, Optimism, Base, and more. Notably, Talisman integrates smoothly with popular hardware wallets like Ledger, D’Cent, and Polkadot Vault.
Aleph Zero will soon integrate with Holyheld
Holyheld offers a cash account complete with a debit card and personal IBAN, giving you full control of any self-custody wallet you own. It’s tailored for earning in crypto, participating in DAOs, trading on DEXs, and dealing with NFTs — a single-card solution for all crypto enthusiasts. Furthermore, you can manage transactions directly from your phone, utilize your preferred wallet, and select your crypto assets. Notably, you can earn up to 1% cashback in USDC on every purchase, which is claimable anytime on supported networks. Moreover, the account is compatible with Apple Pay and Google Pay. You can use it for rent payments, SEPA transfers, and more with your personal IBAN.
BRRR is a modular clearing house layer that enhances Holyheld’s capabilities by integrating traditional fiat payments with crypto primitives. This allows non-crypto companies to offer real-time native crypto payments while maintaining blockchain network protocol integrity. Additionally, BRRR facilitates native network integration, including Aleph Zero, and, in the near future, separates settlement and reconciliation transactions and eliminates the need for specialized deposit contracts. Users retain flexibility using their preferred wallets within BRRR’s decentralized clearing house framework across multiple blockchain networks.
Bi-weekly feedback sessions have commenced within the A0 Discord
Aleph Zero is now hosting bi-weekly feedback sessions to align closely with community expectations! Your feedback is essential to the network for enhancing project offerings and addressing community needs effectively. The “Feedback Loop” will serve as a structured AMA session, gathering your insights on upcoming developments, potential improvements, and community concerns.
Notably, the team may provide exclusive updates during the sessions, and the next session is scheduled for June 24 via the Aleph Zero Discord channel.
Positioned as a cutting-edge layer-one platform, Aleph Zero continues to innovate with advancements like the zkOS privacy system and EVM Layer 2 integration, enhancing security and scalability while fostering a vibrant ecosystem for decentralized applications. As the platform evolves with transformative upgrades in 2024, Aleph Zero remains dedicated to pushing the boundaries of blockchain technology, promising continued growth and utility for developers and users alike.
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