Zug, Switzerland, August 12th, 2024,
Chainwire
Aleph Zero launches its ultra-fast
Ethereum-compatible layer-2, expanding its privacy tools and new
apps compatible with the world’s biggest web3 ecosystem.
Aleph Zero — a blockchain ecosystem engineered for
speed, data confidentiality, and ease of development — today
announced the mainnet launch of its new EVM-compatible Layer-2
solution. This significant milestone marks Aleph Zero's expansion
into the Ethereum ecosystem, which will expedite the development
and broaden the reach of its zkOS privacy-enhancing
solutions.
The Aleph Zero EVM Layer-2 is built in partnership with Gelato, a leading Rollup-as-a-Service provider, and
leverages Arbitrum Orbit technology. This combination results in an
exceptionally fast and efficient blockchain, boasting a block time
of up to 250 milliseconds with near-instant transaction finality.
The network is capable of processing thousands of transactions per
second, positioning it as one of the fastest EVM-compatible chains
available.
“Aleph Zero EVM uses Arbitrum Orbits’ advanced web3
scaling stack–with the most performant developer tooling–to create
the most advanced privacy-enhancing blockchain infrastructure on
the market. Privacy will become a major narrative in 2024 and
beyond, as more mainstream use cases emerge.” — Luis Schliesske,
Founder of Gelato
The Layer-2 solution will utilize Aleph Zero's existing
Substrate-based WASM Layer-1 blockchain as its Data Availability
layer. This architecture ensures a robust and decentralized
foundation for the new EVM environment, benefiting from Aleph
Zero's established network of over 190 validator nodes.
AZERO, the ecosystem token, will be used on the Layer-2 to power
all gas transactions similarly to how it’s being used now on the
Layer-1.
zkOS Features Coming to Aleph Zero’s EVM-Layer in
Q4
zkOS is Aleph Zero's new comprehensive privacy framework
designed to make integrating confidentiality features into
blockchain applications more accessible and user-friendly. This
aligns with Aleph Zero's vision of making privacy-enhancing
technologies easier to use, with the optimization benchmarks
showing the system’s ability of proving ZK proofs in less than a
second on consumer devices.
zkOS consolidates Aleph Zero's privacy products into a single,
developer-friendly toolkit that doesn't require deep cryptographic
knowledge to implement. zkOS aims to solve existing challenges in
on-chain privacy, such as poor user experience, long proving times,
and limited multisig capabilities. By optimizing zero-knowledge
proof generation to under a second on consumer devices, zkOS
strives to make privacy features more practical and economically
beneficial for both new and existing applications across multiple
blockchain ecosystems.
“EVM, with its user base and well-developed tooling,
allows us to expedite the development of zkOS privacy framework and
bring it to the second-largest market in crypto beyond Bitcoin.
This is a perfect addition to our Layer-1 and adds optionality for
developers and users alike.” – said Adam Gagol, Co-founder of Aleph
Zero.
The first use cases already building on Aleph Zero EVM
include:
- pieces.market – a luxury Real-World Asset (RWA)
marketplace.
- Syncra – a DAO-as-a-Service platform with private
voting features.
- Upcade – an web3 gaming hub.
- Rarible – the NFT marketplace.
- DRKVRS – a web3 multiplayer RPG game.
- idOS – a privacy-enhanced decentralized identity
operating system.
- Tubbly – a walk-to-earn game.
Introducing vib3s
vib3s, another use case on the Aleph Zero EVM, is set to enable
the sports and entertainment industries to deepen their customer
and fanbase relationships with the power of Web3.
This whitelabel service allows organizations to quickly
introduce innovative apps that boost retention and loyalty within
their user base, with an easy-to-deploy product that can be
customized towards the needs of any organization.
Among the key features, users will find the newsfeed, an
embedded crypto wallet, on-chain loyalty points system, thematic
games for fan engagement, branded card payments, loyalty points
cashback, among others. An important part of the app is its
privacy-respecting nature that makes it compliant with the GDPR
laws.
vib3s is powered by the Aleph Zero blockchain and
the Upcade gaming hub, as well as solutions from Holyheld, Thirdweb, idOS, and others.
The project will launch its first implementation this month,
targeting a large-scale entertainment use case in Europe.
For more information about Aleph Zero, users can visit https://alephzero.org.
About Aleph Zero
Aleph Zero is an ecosystem of blockchain solutions that are
engineered for speed, data confidentiality, and ease of
development. It achieves efficiencies akin to conventional web2
systems, upholds rigorous standards for data protection via highly
optimized Zero Knowledge Proofs, and offers a comprehensive toolset
for development across web3 that range from WASM to EVM
environments. Aleph Zero’s versatility is highlighted by over 40
use cases being actively developed, showcasing its adaptability
across various sectors and applications. These use cases are part
of an engaged community and growing ecosystem of web3 applications
that are supported by Aleph Zero programs.
For any enquiries about this release, users can contact josh@serotonin.co or ana@serotonin.co
Contact
PR Manager
Josh
Adams
Aleph
Zero
josh@serotonin.co