### What is Aleph.im?

Aleph.im is an open-source, decentralized cloud computing network that provides decentralised key-value store, file storage, function execution, and virtual machine provisioning. It operates with its own native cryptocurrency, ALEPH, which supports various blockchain platforms.

### How does Aleph.im work?

Aleph.im functions as a cross-chain platform that connects to major blockchain networks such as Ethereum, Solana, and Tezos. It ensures interoperability by allowing interactions and data transfers across different blockchain systems. The platform relies on a network of Core Channel Nodes (CCNs) and Compute Resource Nodes (CRNs) for processing and storage tasks. Participants must stake ALEPH tokens to operate these nodes, providing collateral to facilitate secure and reliable network services. The network uses a layer-2 scaling solution with features like sharding to enhance performance and efficiency.

### What are the potential use cases for Aleph.im?

Aleph.im supports a variety of use cases including the development of decentralized applications, decentralized document storage systems, decentralized identity solutions, and support for decentralized exchange order books. It can also facilitate KYC frameworks, NFT metadata frameworks, and cloud storage solutions for decentralized systems. Aleph.im’s infrastructure aims to enable real-time interactions for dApps, enhance DeFi solutions with cross-chain capabilities, and provide censorship-resistant applications, especially in sectors like gaming and financial services.

### What is the history of Aleph.im?

Founded by Jonathan Schemoul in 2019, Aleph.im was created to provide a fully decentralized and trustless infrastructure for data storage, indexing, and computing. It integrates with multiple blockchains to leverage their security and scalability. A significant milestone for the platform was the release of a decentralized indexing tool for the Solana blockchain in 2021. Aleph.im has continued to expand its capabilities and partnerships, notably collaborating with Ubisoft for creating decentralized NFT smart contracts. Through continual technological advancements and strategic integrations, Aleph.im aims to address the inefficiencies of centralized cloud computing by providing a decentralized alternative.

Aleph im

The Graph

Prometeus

Covalent X Token

PARSIQ

Measurable Data

Streamr XDATA

Streamr

Swash

Quadrant Protocol

VIDT Datalink

Ocean Protocol

Aleph im (ALEPH)

Similar Coins

GRT

PROM

CXT

PRQ

MDT

XDATA

DATA

SWASH

EQUAD

VIDT

OCEAN

Resources

Aleph im (ALEPH) Price Index

Aleph im Price

Trading volume

Market cap

Resources