aleph

Trade ALEPH to ETH on Beaxy

ALEPH is the native token of Aleph.im, a decentralized finance (DeFi) and cloud computing network that runs on top of protocols such as NULS. Aleph.im is aiming to disrupt a number of services such as database storage, website hosting, end-to-end encryption, management system development, and much more. Aleph.im was created with the stated goal of “decentralizing the last mile of DeFi”. This refers to adding decentralized systems and networks in place of the areas of DeFi that currently require engagements with a centralized third party. The ALEPH tokens are used by aleph.im network participants that are performing and consuming the various services offered on the platform.
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ETH
 aleph

Aleph.im Features

Interoperability
The aleph.im platform features an interoperability function that enables network participants to utilize multiple blockchains. This gives aleph.im users and decentralized application (dApp) developers more flexibility to take the best aspects of each compatible chain and incorporate it into their own platform.
Second-layer scaling solution
The aleph.im network is a second-layer scaling solution that exists on top of other blockchains and can be used in conjunction with other blockchains. This enables better performance as more network resources can be applied to the applications that developers deploy to aleph.im. Beyond that, existing as a second-layer chain allows the network to improve upon decentralized applications for cloud database storage, data management, and decentralized financial services.
Partner dApps
Aleph.im has attracted decentralized application developers to build sophisticated platforms on the network. For example, the creators of DeFiPie, a DeFi development project, have utilized aleph.im features to produce an all-in-one DeFi application. Being an open protocol, all dApp developers have access to build more applications on top of the aleph.im network
ALEPH profile
Frequently Asked Questions
Frequently Asked Questions
Frequently Asked Questions mobile

Aleph.im Technology

The technology behind the aleph.im network helps to further decentralize the aspects of DeFi that enable dApps to scale efficiently.
1. Second-layer cloud computing storage is cheaper, faster, and more reliable than legacy systems.
2. The underlying technology creates beneficial incentives for all network participants.
3. Adopting interoperability allows developers to take advantage of resources from one blockchain and implement them onto another.

What is aleph.im?

The aleph.im network is a second-layer blockchain protocol that is built on top of Ethereum, Nuls, and Neo. The platform aims to integrate its technology with additional blockchain protocols that include; Celo, Polkadot, and Binance. The aleph.im network is fully capable of the chains that it is built on top of. This means that network participants and decentralized application developers can incorporate the functionality of all of these protocols on one seamless platform.
Aleph.im’s primary features look to add decentralization and scalability to the DeFi sector by giving developers the tools they need to achieve it. More specifically, aleph.im seeks to the advanced industries that include; decentralized cloud computing, decentralized value exchange, decentralized application development, decentralized lending, and decentralized borrowing.
At the time of writing, the ALEPH token has a market cap near $14 million. The token trades for approximately $0.34 and has a circulating supply of 40,94,120. The total supply of ALEPH tokens will eventually reach 499,999,943. To date, the ALPEH has reached an all-time high price of $0.63 with its lowest price coming in at $0.048. The ALEPH token generally does volume of around $1,000,000 per day.

How to mine ALEPH?

The ALEPH token is not mined in the traditional way that other cryptocurrencies such as Bitcoin are. Similar to Bitcoin, those who want to earn ALEPH tokens can do so with a node that points directly to the aleph.im network. Beyond that, the similarities end. In order to earn ALEPH tokens, one can utilize an aleph.im node, stake tokens across the compatible protocols, lend storage space to house application data, and API access. One can also earn ALEPH tokens by proving additional liquidity to markets on decentralized exchanges like Uniswap. One can also acquire ALEPH tokens by performing services on the blockchains that are compatible with ALEPH which include routing data from one interchain to another.

Risks of ALEPH trading

Investment risks Like many digital currencies, the ALEPH token experiences higher than average volatility relative to traditional assets such as stocks, bonds, or real estate. This means that the price may move sharply upwards or down within a short period of time. Having higher than average volatility is seen by most investors and traders as being an additional level of risk. The volatility present for most digital assets will require more liquidity to enter these particular markets so that these assets can handle larger orders without significantly moving the price. Security Risk Most digital asset platforms do not have insurance incorporated into their systems or an applicable insurance policy is simply not available for that investment vehicle. Due to this, those interested in buying or selling a digital asset need to consider security risks. These risks can stem from errors made by the person buying or selling the asset as well as the developed platforms themselves. Personal digital wallets are always susceptible to hacks and decentralized applications and smart contracts also have these vulnerabilities. Regulatory risk Most of the world’s governments and legislative bodies have not yet taken a definitive stance on blockchain networks and their associated digital assets. This creates a level of uncertainty due to the fact that the rules that will eventually be put in place for these assets are still unknown. This uncertainty creates an additional set of risks that need to be considered before buying, selling, or investing in digital assets like the ALEPH token.
Conversion rates US Dollar (USD) to Aleph (ALEPH) 05/17/2022 09:35 AM
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