ALPH (Alephium)
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66 | Alephium is a pow, Layer-1 blockchain with a stateful UTXO model and DAG data structure to deliver efficient and practical sharding.
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Alephium is built on a novel sharding algorithm called BlockFlow. It leverages a stateful UTXO model and DAG data structure to deliver efficient and practical sharding.
This enables Alephium to natively support over 10,000 transactions per second while preserving a seamless ‘single-chain’ user experience.
Through Virtual Machine, SDK, and performance-optimized programming language， Alephium allows devs to focus on what matters and pioneers entirely new possibilities for smart contracts, dApps, and tokens.
Key Features:
Scalable & Sharded: Alephium can support over 10,000 transactions per second while preserving a seamless ‘single-chain’ user experience.
Efficiency in Energy Consumption: Compared to classic Proof of Work， Alephium’s Proof Of Less Work reduced energy consumption by over 87%.
Programmable & Secure: Alephium’s stateful UTXO model combines the advantages of the UTXO and account models.
Novel VM design： Alephium’s novel virtual machine is designed to resolve many of the critical issues of the current dApps platforms.
Project team:
Alephium team members are mainly from Switzerland.
Cheng Wang
Core Developer
Thomas Droxler
Core Developer
h0ngcha0
Core Developer
Muchen
Core Blockchain Dev
Philipp Richner
Finances
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