🛠 Toolkit for Building Private Applications
How Aleo uses zero-knowledge cryptography to deliver a private yet personal web experience
Today's Highlights
- Aleo - enabling utmost privacy on blockchain
- Learn - a couple of courses to further your knowledge in crypto.
- In Other News - a few interesting developments we're tracking.
Aleo - enabling utmost privacy on blockchain
Aleo is building the world’s leading developer platform for enabling absolute privacy on blockchains. Aleo uses blockchain technology and zero-knowledge cryptography to deliver a new web experience which is both personal and private. The zero-knowledge cryptography enables developers to build decentralized applications that offer users personalized web3 services without sacrificing control of their personal data.
Zero-knowledge cryptography is used to move smart contract execution off-chain to enable a diverse range of decentralized applications that are entirely private and scale to thousands of transactions per second. By architecting a blockchain that is private-by-default, open-source, and built for the web, Aleo is uniquely positioned to address the shortcomings of blockchain adoption.
In contrast to other blockchains, such as Ethereum, Aleo payments are executed off-chain and only validated by network nodes. This enables the platform to endorse a greater amount of trade while also empowering developers to create decentralized applications that address complex real-world use cases that require specific centralized servers, all while remaining compliant with relevant laws.
The two most difficult issues in the blockchain space are confidentiality and expandability. Aleo is constructing a fundamental layer that addresses both, which they think will assist in catalyzing and developing the next generation of truly mass-market blockchain cases, ranging from video games to DeFi and even beyond. As the blockchain industry evolves, it demonstrates its capacity to support a digital ecosystem identified by the ease of access, effectiveness, and interoperability.
Aleo is preparing to launch its mainnet afterward this year, making it easier than ever for developers to create privacy-enabled, decentralized apps for both Web 2.0 and Web 3.0.
Aleo was founded by Howard Wu and Raymond Chu. Aleo has raised a total of $228M in funding.
📚 Learn
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Enrique Barra and Asja Kamenica
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Bina Ramamurthy
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In Other News
Reynaldo Marquez
Ezra Reguerra