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Aleph Cloud is an open-source, crosschain network that provides decentralized databases, including database storage, computing resources, AI and a decentralized identity (DID) framework. The core mission of Aleph Cloud is to help decentralized applications and protocols eliminate centralized components from their stack, enabling a fully decentralized architecture. You can think of Aleph Cloud as a decentralized alternative to AWS or Firebase. It is particularly focused on supercharging the DeFi ecosystem.
Who is the founder of Aleph Cloud?
Aleph Cloud was founded in 2018 by Jonathan Schemoul, also known as Moshe Malawach. Based in France, Moshe has been programming since childhood.
Before entering the blockchain space, he developed enterprise software for key industries such as finance and supply chain. He later became a prominent contributor to the NULS community, where he built the blockchain explorer and the Proof of Credit Mining (POCM) system, among other projects.
Moshe’s ability to deliver real business value through blockchain technology is a driving force behind what Aleph Cloud has become today.
What makes Aleph Cloud unique?
Aleph Cloud 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 Cloud is already compatible with many leading blockchain ecosystems, including Ethereum, Solana, Avalanche, Base, and BNB Chain. This compatibility allows projects building on these platforms to seamlessly integrate with our decentralized database and file storage solutions.
Additionally, Aleph Cloud features a channel mechanism that enables sharding, subnetworks that retain all the core functionalities of the Aleph Cloud network. These shards can be thought of as dedicated cloud clusters, providing scalability and customization for specific use cases.
How data is managed?
With Aleph Cloud, data is private and encrypted by default, with the flexibility to make it public when needed.
It is stored on the minimum number of nodes required, optimizing both efficiency and security.
You also have the option to store data on nodes located in specific geographic regions, offering enhanced control over data sovereignty and regulatory compliance.
Aleph Cloud is fully compatible with IPFS, allowing data to be replicated across both Aleph Cloud nodes and the IPFS network—ensuring greater redundancy, availability, and decentralization.
Token Swap to swap your ALEPH tokens between BNB Chain, Avalanche, Base and Ethereum.
What is the utility of ALEPH token?
Staking Token - collateral used to secure the network
Reward Token - for staking and/or running nodes, for providing cloud services
Payment Token - pay for storage, computings and synchronization services
How many ALEPH are in circulation?
As of December 28, 2020, 69.73M ALEPH tokens are in circulation. Aleph.im did not hold an ICO. The initial minting process involved staking NULS tokens in the Proof of Credit Mining (POCM) platform, which rewarded stakers in ALEPH tokens. The total token supply was reduced by half in July 2020. Tokens currently put in circulation are for stakers, node operators, liquidity providers, marketing, and company usage.
Where can I buy ALEPH tokens?
ALEPH is available for trading on a growing number of exchanges. We recommend using Uniswap but ALEPH is also available on centralized exchanges.
Where can I learn more about the company?
Currently our main and most up-to-date communication channels are our Blog, Twitter account and Telegram channel.
Onchain transaction fees are free for end users as long as web dApp teams cover the costs, similar to the Web2 model, where application owners pay cloud providers like AWS. Transactions are batched on-chain, keeping fees minimal and predictable.
Aleph Cloud also supports delegated transactions, which are managed by the network itself. This means users don’t need to worry about manually resubmitting transactions or adjusting fees, the process is streamlined for a seamless user experience.
The live Aleph Cloud price today is $0.059342 USD with a 24-hour trading volume of $685,094 USD. We update our ALEPH to USD price in real-time. Aleph Cloud is up 16.16% in the last 24 hours. The current CoinMarketCap ranking is #858, with a live market cap of $14,670,467 USD. It has a circulating supply of 247,220,482 ALEPH coins and a max. supply of 500,000,000 ALEPH coins.