Alephium x Nym #2 Using Alephium’s wallet through Nym’s mixnet
NymConnect is an interface allowing in one click to connect to the mixnet of Nym. The goal of NymConnect is to improve the privacy of the applications you already use by protecting your traffic from an observer and even from the application itself.
To follow on from our article “Buying ALPH tokens through Nym’s mixnet”, in today’s application case, No Trust Verify shows you how to use the Alephium’s wallet on your computer through NymConnect.
What is the Alephium project?
Alephium is the first operational sharded L1 blockchain scaling and enhancing PoW & UTXO concepts. Decentralization, self-sovereignty and security meet high-performance, accessibility and energy efficiency in a dev-friendly network optimized for DeFi & smart contract applications.
- Like Bitcoin, but more programmable & energy efficient.
- Like Ethereum, but more secure & scalable.
- Like Solana, but more decentralised & trustless.
Alephium is distinguished by the following technical specificities:
It scales through sharding. Alephium is built on a novel and complete sharding algorithm called BlockFlow. It improves on the UTXO model of BTC to make it scalable, and uses DAG data structure to reach consensus between different shards. This will allow up to 10’000 Transactions Per Second (currently more than 400 TPS vs Bitcoins 7 TPS).
It is programmable & secure. Alephium proposes a stateful UTXO model offering layer-1 scalability and the same level of programmability as the account model implemented on ETH, whilst being more secure. The Asset Permission System (APS) is a flexible and secure solution for managing assets on the Alephium blockchain, empowering developers to build robust and safe decentralized applications.
It is less energy consuming thanks to POLW. Proof of Less Work combines physical work and Coin economics to dynamically adjust the work required to mine new blocks. Given the same network conditions, Alephium only uses ⅛ of the energy compared to Bitcoin.
It improves on chain structure with its own custom VM (Alphred). It resolves many of the critical issues of the current dApps platforms with huge improvements on security, development experience and introductions of new paradigms such as trustless P2P smart contracts transactions.
It has its own programming language for dApps. Ralph is similar to the Rust syntax, hence its name. It allows to build efficient and secure smart contracts easier than Solidity for example.
Putting all these innovations together, Alephium delivers a highly demanded solution in the industry: a scalable blockchain improving on mature ideas from Bitcoin to deliver reliable, powerful and secure DeFi and dApps capabilities.
Using Alephium’s wallet through NymConnect
Step 1 : You need to download and install Alephium’s wallet :
https://github.com/alephium/desktop-wallet/releases/tag/v2.1.0
Step 2 : Now, you need to download NymConnect via the following link:
https://nymtech.net/download-nymconnect/
Step 3: Open NymConnect, and click on the drop-down menu at the top left of the screen. Select Settings, then turn ON.
Copy & Paste the following Service Provider :
AQRRAs9oc8QWXAFBs44YhCKUny7AyLsfLy91pwmGgxuf.CWUKoKA1afSKyw5BnFJJg19UDgnaVATupsFhQpyTEBHJ@EBT8jTD8o4tKng2NXrrcrzVhJiBnKpT1bJy5CMeArt2w
Step 4:
Once connected, in the Alephium’s wallet, go to Settings, then Network and Advanced settings to active set custom network URLs
Now you must add the SOCKS5 and save :
Proxy host : 127.0.0.1
Proxy port : 1080
Now all you have to do is activate NymConnect to use the Alephium wallet via the Nym mixnet!
To deactivate NymConnect, just click on Disconnect.
Join Nym Community
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About No Trust Verify
We are members of the #VerifyValley. We support the Nym Technologies network and contribute to it since the testnet. We are happy to strengthen the mixnet with our mixnodes and our gateways.
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