Aleph.IM — Telegram QUIZ & AMA — June 19
On Friday, June 19, we had the pleasure to welcome to our Telegram chat:
Moshe Malawach, project founder of Aleph.IM.
We asked them questions about the development of Aleph.IM, currently ranked 477 at Coingecko.
Some sentences have been slightly edited for readability but the meaning has been conserved.
In this AMA, Moshe Malawach, Founder of Aleph.IM joined the GAINS community to tell us about his project.
Aleph.IM is a decentralized cloud storage, database, and computing platform that is compatible with blockchains and speaks their languages. It aims to be the infrastructure layer of the DeFi ecosystem.
Moshe Malawach, Aleph’s Founder, previously built the nuls.world explorer and founded with others the CCC, the equivalent of City of Zion at NULS.
Aleph is decentralized and still as fast as centralized databases with confirmations in 50ms.
They are building a decentralized identity and reusable KYC solution with partners, targeting exchanges.
Q — Alexandre R from GAINS: Moshe, can you tell us what you did before crypto, how you got into crypto, and if you’ve had any other venture in crypto previous to being involved with AlephIM?
A — Moshe Malawach from Aleph.IM: I was a freelance developer and electronic engineer, designing software for big banks, hardware for startups. I then started developing on blockchain-related work, and arrived at NULS, building the nuls.world block explorer and founding with others the CCC, the equivalent of City of Zion at NULS.
There, working on decentralized 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.
Q — Alexandre R from GAINS: Can you tell us what your role is at Aleph.IM?
A — Moshe Malawach from Aleph.IM: I am the project founder.
Q — Alexandre R from GAINS: Can you tell us what the project is about in a few simple sentences?
A — Moshe Malawach from Aleph.IM: aleph.im is a decentralized cloud storage, database, and computing platform that is compatible with blockchains and speaks their languages. It aims to be the infrastructure layer of the DeFi (decentralized finance) ecosystem.
Q — Alexandre R from GAINS: I see, to make them truly decentralized, away from AWS and other similar solutions?
A — Moshe Malawach from Aleph.IM: Exactly! And even those who use IPFS today are pinning their content on centralized servers. Having a database is also needed, and decentralized is better when talking DeFi
Q — Alexandre R from GAINS: Of course, it comes with compromises I’m assuming. You get redundancy, censorship resistance but also maybe lose speed in the process?
A — Moshe Malawach from Aleph.IM: Not really, all actions on the network are instant.
This is the lifetime of a message on the network. It is accepted and taken into account in the database in 50ms. Confirmations from blockchains can come later.
Q — Twitter user Vladamir Smirnov: Which area does Aleph.im focus on at the moment (DeFi, Dapps,..) and which products/projects are you developing to support it?
A — Moshe Malawach from Aleph.IM: We are definitely focusing on DeFi infrastructure, with a specific focus these last months on decentralized identity. We are building a decentralized identity and reusable KYC solution with partners.
Q — Twitter user Trisha: Where is the data actually stored? If one of the layer 1 chains goes down, is the data partially lost or partially unsigned?
A — Moshe Malawach from Aleph.IM: Data is stored on the aleph.im network and all messages contain a signature that is verified.
We store hashes messages on-chain. If one of the layer 1 chains goes down it’s not an issue: its signature scheme is still valid and can be verified, and as for storage, other chains are still there to verify message ordering (in case of conflict).
Q — Telegram user Sharron Robertson: DeFi is one of the hottest topics in the blockchain field. Can you share your opinion about DeFi with us? Do you think DeFi will destroy the existing financial system?
A — Moshe Malawach from Aleph.IM: I have been pleasantly surprised by DeFi these last years, and these last months even more! For example, we aren’t listed on a centralized exchange, and only on Uniswap (also Balancer and Paraswap now!), but we got more volume than we could have had on most centralized exchanges. I really feel with time most people will swap to DeFi in the crypto world, and even the non-crypto world with time. This is why we work on the decentralized identity with crypto first approach (through exchanges KYC): get everything ready, then onboard non-crypto people too.
Q — Alexandre R from GAINS: What comprises the aleph.im network concretely?
A — Moshe Malawach from Aleph.IM: Nodes that are connected together through a decentralized pub-sub network, GossipSub (like a mesh talking together), hence the .im of the name. It’s a chatroom between nodes that agree on a common database content for a specific channel. Each dApp can have its own channel or chatroom to keep on the same analogy.
Q — Alexandre R from GAINS: On how many nodes is each piece of data copied?
A — Moshe Malawach from Aleph.IM: For the database entries, all nodes of the channel, for files in 3–4 nodes in general. Even for databases, it is scalable as all nodes aren’t on all the channels.
Q — Twitter user rosanela cabrera zam: Aleph.im’s vision is a decentralized cross-blockchain, but the nodes to be released this Q3 of 2020 are hybrid. What makes these nodes hybrids, and is there scheduled a future release of fully decentralized nodes?
A — Moshe Malawach from Aleph.IM: Hybrid nodes mean that you can do either storage of database, of files or do computing work on them, and chose what you want to do on each node. All these nodes are fully decentralized, and part of this selection is already implemented.
Q — Telegram user Lun Mei (Invt. in lowcap cryptos): Everyone talks about IoT but I don’t see concrete solutions, what do you propose in this regard? Can you give us an example of the utility of cross-chain in Aleph?
A — Moshe Malawach from Aleph.IM: Blockchain for IoT has long been vaporware. As you need to hold cryptos to do actions or run nodes that are heavy. We did a very lightweight message format that works on microcontrollers, and anyone can incentivize actions, so it works kinda well for IoT, and you can also run local nodes that will resynchronize with the network in case of a network outage.
Q — Telegram user Elly ♂️: On platforms like these, there is the risk of Data sharing & transparency. What has aleph.im done to tackle this?
A — Moshe Malawach from Aleph.IM: Indeed, it’s a real risk. This is why we promote “privacy by design” for our dApps and as best practices for developers. Encryption is a first-class citizen in the SDKs of aleph.im
Q — Telegram user Imearth: How can one become a data provider in the Aleph.im network and how do you ensure that data providers remain honest?
A — Moshe Malawach from Aleph.IM: This is a good question. Anyone can, and it is up to users to trust you. The idea is to have multiple providers for a single subject. This way, there’s no need to trust. You can just verify to see if multiple sources are agreeing.
Q — Telegram user Dr Monica: Can you give an overview of Token economics? What is the main work and real-world utility of the Aleph.im token?
A — Moshe Malawach from Aleph.IM: Sure! I have a little table about this :)
The token is used for synchronization fees, processing power and more importantly payment for storage (files and database).
Q — Alexandre R from GAINS: How do you compare to Bluzelle (decentralized database) or Golem (decentralized computing power) or other competitors in general?
A — Moshe Malawach from Aleph.IM: We have an integrated solution that can be used in current dApps, not on a separate blockchain with separate addresses. Also, being cross-chain is a plus. Think of Cosmos IBC (Inter-Blockchain Communication) that passes messages between chains, this is built-in in the aleph.im network.
Q — Telegram user Ahmad: Which is the chief feature of Aleph which makes it different among others? What’s the Marketing plan of Aleph for creating more awareness & attracting new users?
A — Moshe Malawach from Aleph.IM: I have this little illustration as well about this :)
Basically, we provide scalability, cross-chain interoperability, a single identity solution, all this decentralized and fully open-source. As far as I know, no other project proposes what aleph.im is offering today, at least none that has a live network today!
Q — Telegram user Javier: What are the next big milestones prepared in the Aleph.im project? What about community growth, is it going as planned, are you expanding well in social networks and adepts?
A — Moshe Malawach from Aleph.IM: Our next big milestones are:
— Decentralized identity live
— a few PoC and projects with partners and clients (who are convinced already ;))
— Virtual Machines deployment (in development)
— The currency on the network itself as well as on chains (to enable micropayments to pay for storage, computing, and sync)
Moshe, thanks a lot for coming in today! It was very cool to learn more about AlephIM. Such an undercover project that has a lot of tech-ready. Providing a full package solution for the infrastructure of dApps is a great service :)
I’m looking forward to updates on your progress! Is there anything else you’d like to say? Where can we go to follow you? — Alexandre R from GAINS
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