Aleph.im price

ALEPH

#571

Aleph.im was created in 2018 by Jonathan Schemoul, aka Moshe Malawach. Moshe is based in France and has been programming since childhood.

Prior to entering the blockchain space, Moshe developed enterprise software across finance, supply chain, and other major industries. He then became a key contributor in the NULS community, building the explorer and the Proof of Credit Mining (POCM) system among other things.

Moshe’s abilities to bring tangible business value using blockchain technology is what has made aleph.im what it is today.

Aleph.im is a unique blend of onchain and offchain decentralized technologies. Its decentralized network is offchain but can only be interacted with through blockchain networks. This enables key features such as security and advanced crypto-economics.

Aleph.im is already compatible with many leading blockchain projects including Ethereum, Polkadot, Cosmos and BinanceChain. This enables any project building on these platforms to integrate with our decentralized database and file storage..

Finally, aleph.im implements a channel mechanism allowing sharding-- subnetworks with all the aleph.im network features. You can think of shards as dedicated cloud clusters.

Onchain transaction fees are free for users as long as web dapp teams pay for it, which is a similar business model as web2, where app owners pay cloud providers such as AWS. Onchain transactions are batched, so fees are minimal.

Finally, aleph.im provides delegated transactions. These transactions are managed by the network, so there is no need for users to manually resubmit a transaction or adjust its fee.

Data is private and encrypted by default, with the option to make data public. Data is only stored on the necessary minimum amount of nodes. Data can be stored on nodes in specific geolocalizations.

Aleph.im is compatible with IPFS, meaning that the data gets replicated on aleph.im nodes and on IPFS.

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