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Alephium - an innovative PoW L1 blockchain

🔥 Buy ALPH on Gate io: https://www.gate.io/ref/BVMRBltf?ref_... (my referral link with bonuses) Alephium is a novel sharded Layer 1 (L1) blockchain that aims to scale and improve upon the concepts of Bitcoin's Proof of Work (PoW) and UTXO (Unspent Transaction Output) model. It offers a unique blend of technology and features, making it a notable player in the blockchain space. Alephium token is ALPH. Alephium website: https://alephium.org/ Alephium docs: https://docs.alephium.org/mining/solo... Ayin DEX: https://www.ayin.app/ ALPH NFT Marketplace: https://deadrare.io/ Alephium Rich List: https://alph-richlist.vercel.app/ ALEPHIUM OVERVIEW: Sharding Algorithm - BlockFlow: Alephium utilizes a sharding algorithm called BlockFlow, which enhances the UTXO model for scalability. This approach uses a Directed Acyclic Graph (DAG) data structure to achieve consensus between different shards, allowing the network to handle up to 10,000 Transactions Per Second (TPS). This is a significant improvement compared to Bitcoin's capacity of around 7 TPS. Energy Efficiency - Proof of Less Work: The platform employs a mechanism called 'Proof of Less Work', which is an eco-friendly approach to blockchain security. This system uses approximately 90% less energy than Bitcoin, combining physical work with coin economics to dynamically adjust the mining difficulty. Programmability and Security: Alephium introduces a stateful UTXO model that offers layer-1 scalability and high programmability, similar to the account model used in Ethereum, but with enhanced security. Virtual Machine & Programming Language: The platform has its own virtual machine, Alphred, designed to address critical issues in current dApp platforms, focusing on security and development experience. Additionally, Alephium features its own programming language called Ralph, which is inspired by Rust, enabling the easy and secure building of smart contracts, particularly suitable for DeFi dApps. Ecosystem and Development: Alephium's ecosystem is rapidly growing, with various community projects and partners contributing to its expansion. The platform offers tools and resources for developers to build dApps, smart contracts, and protocols. It also has a strong focus on community engagement and offers grants and rewards for contributions to the project. Milestones and Roadmap: Since its inception, Alephium has achieved several milestones, such as launching its mainnet, introducing smart contract support, and developing its desktop and mobile wallets. The roadmap includes further development of its core platform, ecosystem expansion, and integration with third-party wallets and other blockchain ecosystems. In summary, Alephium represents an innovative approach to blockchain technology, combining the security and reliability of Bitcoin's model with advanced sharding techniques for scalability and efficiency. It's a platform that caters to both developers and users, emphasizing secure, scalable dApps and energy-efficient blockchain operations. Nothing here is financial advice, purely educational content. FOLLOW ME ON TWITTER 👉   / prz_chojecki   WATCH ON MY CHANNEL 📺 7 Crypto Narratives:    • 7 Crypto Narratives for the next Bull...   📺 Pionex Trading Bot:    • Pionex Trading Bot with Tradingview   📺 Top Gaming Coins:    • Top Crypto Games & Play-to-Earn Block...   MY AFFILIATE LINKS 🔥Binance https://accounts.binance.com/en/regis... 🔥OKX https://www.okx.com/join/14145768 🔥ByBit https://partner.bybit.com/b/pccrypto All links above are affiliate and my referrals. Thank you for your support! #alephium #alph #blockchain

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