Aleph.im AMA Recap
Event Date: July 8, 2020 Organized By ID Crypto Official
Session 1: Fix Q&A From Host
Q1: can you explain about your experience and also how you got involved in Aleph.im?
Moshe Malawach :
Before aleph.im I was a freelance developer and electronic engineer, designing software for big banks, hardware for startups.
While starting to work on blockchain applications, I realized there was a missing link, a missing part of the ecosystem: an infrastructure layer between the user and the blockchains, that would be decentralized and allowing to build way bigger dApps: aleph.im was born.
Q2. Can you explain to us what is Aleph.im ?
Moshe Malawach :
Built for the DeFI ecosystem, aleph.im is a decentralized cloud storage, database and computing platform, that is compatible with multiple blockchains and speaks their languages.
It has its own network (built on top of technologies like GossipSub used by Ethereum 2.0 for example too), data storage and replication protocol (that can be compatible with IPFS if needed).
Q3. how much supply is available for this token? and where are these tokens allocated?
Moshe Malawach :
The whole supply is 1,000,000 tokens (1 billion).
Of those, 50M are currently available on the market (actually a bit less, closer to 46-47M currently).
We are updating our tokenonics to include those pools:
1. 150M — Innovation Pool
2. 150M — Marketing Pool
3. 275M — Company Pool
4. 275M — Business Developments Pool
5. 100M — Incentive Pool
6. 50M — NULS Foundation Pool
The incentive pool is interesting because it allows to stake NULS, add to liquidity on uniswap on ETH or DAI pairs with ALEPH, or run aleph.im network nodes to earn ALEPH tokens, so the increase in circulating supply will also go to the aleph.im community, but not in an inactive way: they will need to help and participate :).
You can read the full tokenomics update article there: https://medium.com/aleph-im/update-on-aleph-im-tokenomics-and-incentives-programs-1961ac7d5109
Q4. What are the advantages possessed by Aleph.im that can attract investors?
Moshe Malawach :
We are offering a all-in-one solution for decentralized finance and regular dApps, but not only: you can use your ALEPH tokens yourself on my-beta.aleph.im for example to store your personal data encrypted end-to-end!
You can use it in place of Google Drive or evernote for example.
Q5. what makes Aleph different from other Project Defi?
Moshe Malawach :
We offer an infrastructure for DeFI: database storage, file storage, computing, cross-chain synchronisation and messenging…
All the other DeFI projects can benefit from aleph.im.
Q6. What does aleph.im have to do with Project NULS?
Moshe Malawach :
I am one of the founders of the CCC (community developers organization) at NULS.
I got the idea for aleph.im working on dApps for NULS, and it’s the first chain connected to the aleph.im network.
Other team members were members of the CCC too.
Q7. Where is the Aleph.im road map now? Are all targets in accordance with the current road map? and what are the next steps that will be taken in the future?
Moshe Malawach :
Since we are fully self-funder, our initial roadmap shifted a bit, also with real world needs and progress with clients and partners. This current roadmap is on track and everything is going as planned.
Next steps are confidential PoC with clients and partners, Specialized (file storage only, computing only, database only) and hybrid nodes, incentivizing nodes hosting, fully decentralizing the network.
Session 2: Question Google Form
Q1. What advantages does Aleph have over Sia as they both offer file storage? From @nickkiii
Moshe Malawach :
We offer database as well as cross chain support.
Please see the worflow of a message in our network:
You can see multiple chains being allowed to interact with the network.
Q2. Can you explain the crosschain and function of each layer in Aleph? From : @Wien_Id
Moshe Malawach :
I think the graphic I just posted can be a good support to explain.
Basically a message is signed, arrives on the network, gets broadcasted everywhere (on relevant nodes), and the state is updated.
Computing takes place, updating the state, Later on, the information is written on underlying chains, the final confirmation time it updated everywhere.
Q3. What solutions does Aleph provide to the problems that some decentralized applications have? From @kathdm
Moshe Malawach :
We provide tools and a network to decentralize the last mile for these applications. They often use centralized backends, databases and file storage to give fast service to their users. We offer a decentralized alternative that can be used today
For example in the DeFI space: price feeds, matching engines, profiles, identity, storage of orderbooks.
Q4. Where the data of Aleph’s applications is stored? And how you guarantee the security of that files? From @nazmudsadat
Moshe Malawach :
The data is stored on nodes of the aleph.im network, and replicated on all noddes of the channel for the database part, and on selected nodes of the channel for file storage.
Security is guaranteed because there are multiple nodes holding the data (granted that there is enough incentive to pay for its storage).
Q5. What does Aleph.im think about solving issues that the DeFi ecosystem still can’t solve? and why that is the problem important? From @toanphamhd
Moshe Malawach :
As explained just before, decentralizing the last mile. We want to get to the end of the decentralization game, and make truly decentralized DeFI.
It's important because if some of the centralized backends stop, a lot of the tools of the current DeFI scene won't work anymore. And we want to fix this.
Session 3: Question Free Asking
Q1. How can a dApp handle multiple providers for a decentralized data source? Can this cause the system to tire up and errors occur?
How are “Aleph.im” messages signed using any of the chain addresses verified on the network? From @algojali
Moshe Malawach :
On a decentralized data source, basically there are multiple posters, and the dApp should compare data to get the most accurate view (means, most common response...).
As for signatures we use the chain signature system, like "Bitcoin signed message:" in the bitcoin ecosystem, same for ethereum, neo, nuls.
Q2. According to Aleph architecture, an application can wait for a confirmation on a blockchain to trust a message, but this is not mandatory for non-critical actions, which actions are considered non-critical and why?
The comission rate while staking Aleph is 99%! how is the schedule of this reward program and what is the minimal amount of Aleph to stake, what do I have to do to become a staker? From @Rosane1a8
Moshe Malawach :
1. A facebook-like post isn’t critical, a money transfer is, as an example :)
2. The comission rate means that we receive the NULS reward from staking and distribute ALEPH instead. Anyway with POCM this will change as all staking needs to be done through the smart contract, with a dApp accessible at pocm.nuls.io with a minimum of 200 NULS.
Q3. How do you attract DeFI projects owners attention? as many of them still adding off-chain features. What is your strategy to attract them? From @kripto_mangunkusumo
Moshe Malawach :
Discussion. Explaining how we can help, understanding their current needs. As a matter of facts, most already thinked about full decentralization but never got to it yet, we can help to get them there faster.
Q4. Aleph have so many types of Nodes explained on the whitepaper like clients, Packing, Storage and Full node, but somewhere in the Roadmap says that you Will implement a new type called "HYBRID NODES", so can you explain more about this? From @JoanaZ
Moshe Malawach :
Hybrid nodes are nodes that do multiple things. Like store files and database, or database and computing.
Actually, we are working on making VMs central part of specific dApp channels, so this architecture will make sense.
Q5. What is special about Aleph’s two-layer blockchain network? What chains are you prioritizing for cross-chain development? From @Eren060
Moshe Malawach :
We are not focusing on payment or smart contract roll-up, but focusing on making centralized parts decentralized. It’s a quite different take from other layer-2 networks.
Session 4: Quiz
Q1. Which chains is aleph.im currently connected to?
Answer : NULS, Ethereum, Binance Chain, NEO
Q2. What is the project name of the personal storage dApp of the aleph.im network?
Answer : MyAleph beta
Q3. Wallets of which chains are accepted on blogtest.aleph.im? (the test version of our upcoming blogging platform)
Answer : Nuls, ETH, NEO
Q4. How many repositories are there in our github?
Answer : 19 repositories
Q5. What token swap combinations are currently available for swapping on swap.aleph.im? (in the form CHAINA => CHAINB, CHAINB => CHAINA all the possible combinations right now please)
Answer : NULS2 , NEO -> NULS2, ETH
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