Buy Aleph Zero (AZERO)
What is Aleph Zero?
Aleph Zero is a privacy-enhancing, Proof-of-Stake public blockchain designed to offer a scalable, secure, and decentralised platform for various use cases such as tokenization, financial services, gaming, and the development of decentralised applications (DApps). It features a Directed Acyclic Graph (DAG)-based consensus protocol, providing instant finality and privacy-enhancing features through secure Multi-Party Computation (sMPC) and zero-knowledge proofs (ZKP).
How does Aleph Zero work?
Aleph Zero operates using DAG technology to enhance transaction throughput and reduce costs. It integrates with the Substrate stack for improved speed, validation time, scalability, and security. Employing a modified Proof of Stake (PoS) consensus methodology, Aleph Zero uses a rotating committee of validators elected every 15 minutes. The AlephBFT consensus protocol, based on asynchronous Byzantine fault tolerance, ensures node communication despite potential malicious nodes. Zero-knowledge proofs and secure Multi-Party Computation enhance data privacy. The platform supports Turing-complete smart contracts suitable for high-complexity applications.
What are the potential use cases for Aleph Zero?
Aleph Zero's potential use cases span multiple industries:
- DeFi and Gaming: Projects like Common DEX, ABAX, Kintsu, DRKVRS, and Upcade leverage the network for decentralised financial services and gaming applications.
- Enterprise Solutions: Applications include supply chain management, notary services, decentralised DNS, and asset digitization.
- Smart Contracts and Privacy: Turing-complete smart contracts and privacy-enhancing technologies support complex and scalable services.
Partnerships with entities like Techstars and CAMARA further enhance its applications in blockchain solutions.
What is the history of Aleph Zero?
Aleph Zero was founded in 2018 in Zug, Switzerland, with a team comprising Ph.D. holders in mathematics, cryptography, and high-performance computing. The white paper was presented in 2019, followed by a seed funding round in 2020. The public sale and mainnet launch occurred in 2021. Key development phases included implementing and scaling the consensus protocol, launching native coin transfers, and integrating smart contract capabilities. Major updates have introduced enhanced privacy systems and an expanding market presence, with a community of over 200,000 individuals.
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Frequently Asked Questions (FAQs)
What is the current price of Aleph Zero (AZERO)?
The Aleph Zero price is $0.17607226 AUD, representing a -7.64% from the day prior.
Where is the best place to buy Aleph Zero (AZERO) in Australia?
The best place to buy Aleph Zero (AZERO) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Aleph Zero (AZERO) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Aleph Zero (AZERO)?
The trading volume of Aleph Zero (AZERO) is $1.7M AUD in the last 24hrs, representing a -7.64% from the day prior.
How can I buy Aleph Zero (AZERO)?
Aleph Zero (AZERO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Aleph Zero (AZERO)?
The current market cap of Aleph Zero (AZERO) is $52.7M AUD.
Can I convert Aleph Zero (AZERO) to cash?
Yes - With Coinstash you can convert your Aleph Zero (AZERO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Aleph Zero (AZERO) are there?
The current circulating supply of Aleph Zero (AZERO) is 302.3M.
Is Coinstash a safe place to buy Aleph Zero (AZERO) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Aleph Zero (AZERO) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.