CSP DAO Project Review: Aleph Zero

Aleph Zero is a peer-reviewed DAG platform that’s scalable, fast, and developer-friendly. Aleph Zero protocol solves the shortcomings of current distributed ledger technology solutions, including speed, validation time, scalability, and security.

Aleph Zero's mission is to solve the existing industry challenges that obstruct ambitions to build decentralized solutions that can solve real-world problems.

CORE FEATURES

Scalability: Highly scalable with 100,000 TPS in a fully decentralized system
Peer-reviewed: The Aleph Zero Consensus Protocol has been officially peer-reviewed and accepted for publication at the Advances in Financial Technology conference
Near-free transfer transactions: the team is actively researching the concept
Decentralized: Large, rotating, random committee
Common Wallet & DEX: Using advanced cryptography, exchange your Bitcoin, Ethereum, and other digital assets on a non-custodial peer to peer decentralized exchange
Smart contracts: Customizable functionality for automation and programmable contracts
File Storage: Application Programming Interface (API) hooks that allow a seamless integration into InterPlanetary File System (IPFS) as well as proprietary data solutions
Oracle

Aleph Zero is one of the fastest, most scalable, and secure decentralized platforms. It offers a novel approach to many problems that we believe haven’t been solved effectively yet.

Next on the roadmap is the Trustless custody bridge in Q2 2021, MPC integration with smart contracts, Decentralized bridges via ECDSA in Q3 2021, and Multiparty Computation Proof of concept in Q4 2021.

Aleph Zero has a solid team that consists of 20 people, including 5 math and computer science PhDs who have accomplishments like ACM ICPC World Finals, first prize in International Mathematics Competition, and Simons-Berkeley Research Fellowship in their name. The team also have business experience working with IBM, ABB, Stellar, Codewise, Capgemini, ING Bank, TIBCO Software, and Riverbed Technology.

We are really excited about the Aleph Zero project. It can be the foundation of a new economy, bring efficiency and help discover completely new ways that businesses, governments, and people communicate. Most importantly, it can act as a hub and spoke to connect many ledgers, forks, and protocols to operate in one decentralized ecosystem. The possibilities are endless.