Aleph Zero (AZERO)

Infrastructure

Aleph Zero is a fast blockchain platform that offers instant finality and high security. It provides a strong base for building scalable and privacy-focused Web3 solutions.

Privacy

It includes a native privacy layer using modular zero-knowledge (ZK) technology, allowing developers to create applications that balance transparency with confidentiality.

Applications

Aleph Zero supports a variety of use cases such as identity management, decentralized finance (DeFi), wallets, NFTs, and security platforms. Examples include private domain name services, lending protocols, and decentralized identity systems.

Developer Ecosystem

The platform supports development in Rust and Substrate, and is expanding into the Ethereum Virtual Machine (EVM) ecosystem, making it flexible for developers to build diverse blockchain applications.

Real-World Use Cases

Aleph Zero is used for smart contracts, supply chain management, automatic payments, asset digitization, databases, game assets, and IoT integration.

Pros

• Fast and Efficient: Aleph Zero uses a unique Directed Acyclic Graph (DAG)-based consensus protocol that allows for very fast transaction speeds and subsecond finality.
• Privacy Features: It supports privacy-enhancing tools like zero-knowledge proofs (ZKP) and secure multi-party computation (sMPC), allowing private transactions and smart contracts.
• Scalability: The DAG consensus helps increase scalability by enabling parallel transaction processing.
• Low Fees: Transaction costs are generally low, making it suitable for both large and small transactions.
• Developer Friendly: Built on the Substrate framework with Rust support, it offers a flexible environment for developers and is expanding into the Ethereum Virtual Machine (EVM) ecosystem.
• Strong Community and Funding: Raised $15 million in funding and has a growing community and partnerships, including integration with Parity’s Substrate Builders Program.
• Modular and Interoperable: Plans to support Layer 3 chains and multichain privacy features, enhancing its ecosystem reach.

Cons

• Complex Technology: The underlying technology and consensus mechanism can be hard to understand for average users.
• Competition: Faces strong competition from other fast and scalable blockchains like Solana and others.
• Network Outages: There have been rare instances of network finalization stalls causing temporary outages.
• Market Adoption: While growing, it still has to prove widespread adoption compared to more established blockchains.
• Trust in Privacy Tech: Some privacy features rely on trust assumptions, especially with hardware-based solutions, though Aleph Zero prefers software-based approaches for scalability.

For more details, visit alephzero.org.

Founders of Aleph Zero

Aleph Zero was founded in 2018 by a team of six people:

• Matthew Niemerg – Co-founder and President, with a strong background in mathematics and cryptography.
• Antoni Zolciak – Co-founder, involved in business development and marketing.
• Adam Gagol
• Birk Hintze Thisted
• Johan Bratt
• Michal Swietek

These founders brought together expertise in blockchain, cryptography, and technology to build Aleph Zero as a fast, scalable, and privacy-focused blockchain platform.

Institutional Investors

Aleph Zero has raised funding from 16 institutional investors. Some notable names include MV Global, RR2 Capital, Builder Capital, and Almora Capital.

Venture Capital and Strategic Investors

Key venture capital and strategic investors supporting Aleph Zero include Jun Capital, Genblock Capital, PetRock Capital, Supernova, Black Dragon, Node Kapital, Block54, and Master Ventures.

Angel Investors and Individual Backers

Aleph Zero also counts individual investors such as Gordon Cheung (Epic Capital Healthcare), Joeri van Geelen (former Managing Partner APAC at Prysm Group), Michael Guzik (CEO of CLST), and Maximiliano Torres (Head of Finance at 0x) among its supporters.

Ecosystem and Community Support

The project benefits from a network of angel investors and ecosystem funds like Cardinal Cryptography, Diamond Atlas Capital, Necker Ventures, and others who help grow early-stage web3 companies within Aleph Zero’s ecosystem.

These investors have contributed across multiple funding rounds, including seed, strategic, and public sales, helping Aleph Zero raise over $20 million to date.

Halal Status of Aleph Zero

• Halal Certification: There is no specific information or official halal certification available for Aleph Zero as a crypto token.
• Reason: Halal status depends on religious rulings about the nature of the asset and its use, which have not been publicly addressed or certified for Aleph Zero.
• Conclusion: No clear yes or no answer can be given based on available data; it is not officially recognized as halal.