What is ALEO BLOCKCHAIN
I drew attention to the new Aleo blockchain, which in my opinion may turn out to be a new giant of the crypto industry and, accordingly, give a bunch of x’s to those who will be the first to see their potential.
Especially now there is an opportunity to become an ambassador of Aleo, but more on that later.
Also, my attention was attracted by the fact that the Aleo project managed to raise $228 million during two rounds of financing.
The investment round was led by Kora Management LP and SoftBank Vision Fund 2. Also, such large venture funds as Andreessen Horowitz (a16z), Samsung Next, Tiger Global, Sea Capital and Slow Ventures invested a significant share of the funds.
Here you can see the report on Aleo from the Andreessen Horowitz Foundation (a16z) https://a16z.com/2021/04/20/investing-in-aleo/
Aleo is the first platform with which you can create completely private, scalable and cost-effective applications. They can scale up to thousands of transactions per second! Using zero-knowledge cryptography, Aleo transfers the execution of smart contracts outside the chain.
Aleo is built on an open public blockchain and has all the flexibility of Ethereum. This platform has a more scalable architecture, in which miners do not need to re — conduct each transaction — it is enough to check its correctness.
What does this mean in simple terms?
You register on any platform made on the Aleo blockchain, let’s say on a crypto exchange. By filling in your data there, the main private information, such as passwords and personal data, remains private and does not fall into the hands of developers, but only confirms your identity.
All this in the compartment suggests that Aleo is undoubtedly the project in which you need to try to participate at an early stage, especially since in mid-May they will recruit new ambassadors!
And in order not to miss anything, I will leave links to their social networks, where you can get all the necessary information and follow the updates!
🏡 | Website ~ https://www.aleo.org /
🐦 | Twitter ~ @Aleo ~ https://twitter.com/AleoHQ
🐙 | GitHub ~ https://github.com/AleoHQ
📋 | Community Forum — https://community.aleo.org/
📅 | Community Calendar ~ https://www.aleo.org/community/calendar
📺 | YouTube- https://www.youtube.com/channel/UCS_HKT2heOC_q88YQLiJt0g
📄 | Developer Documentation ~ https://developer.aleo.org/
🎮 | Leo Playground ~ https://play.leo-lang.org/
🔎 | Aleo Block Explorer ~ https://www.aleo.network/
✍️ | Community Blog ~ https://medium.com/@AleoHQ
📣 | Announcements Blog ~ https://www.aleo.org/blog
What is ALEO BLOCKCHAIN