Topic: Lowcap Altcoin - Scalable POW L1 Alephium (Read 186 times)
We missed this opportunity as we would have easily got 20x return if we would have taken this seriously and it's sad to see that in midst of so many scam projects and shill marketing which happens here we sometime tend to miss out on genuine one because when the OP has made this post we didn't see any traction or interest from anyone. But now it would be risky as the coin might be at its peak and cannot afford to take such risk.
Did you look at the date of the message? At that time the course was mediocre. The coin showed excellent results!
Let's hope that someone took advantage of the OP recommendation and bought some Alephium, which really showed good price growth and is listed on exchanges such as MEXC and Gate. But now it is very risky to buy this coin, since the price is at its maximum values.
Good growth of about x20 since the OP suggested, I completely agree with you on the point that it has reached its peak state, and joining now is really a risk. There are not too many special things to analyze about its potential. I think that if you buy in a good position, you can absolutely expect to receive some more announcements about CEX in the future to be able to Increase the price more, but also be honest about the risks and profits, which should also be carefully calculated for those who intend to approach the project at the present time.
Did you look at the date of the message? At that time the course was mediocre. The coin showed excellent results!
Let's hope that someone took advantage of the OP recommendation and bought some Alephium, which really showed good price growth and is listed on exchanges such as MEXC and Gate. But now it is very risky to buy this coin, since the price is at its maximum values.
Did you look at the date of the message? At that time the course was mediocre. The coin showed excellent results!
Why do I think it's a good investment?
Alephium has not experienced a bull run so far.
-cut-
Well that's a lie. Or what's bullrun to you exactly? This has risen 1775% since October 2023 and it's currently ATH. So if you are trying to sell us something, at least stick speaking truth. so that rest of your text won't be skipped.Alephium has not experienced a bull run so far.
-cut-
Not even going to the fact that proof of work only works if there's enough distributed mining power that prevents 51% attack, so certain pow low cap coins are often very much vulnerable to that. Or that this thread is obvious marketing attempt where you shiill it with all your newb accounts.
"Alephium is the first operational sharded blockchain"
This is factually incorrect, Kadena's chainweb was the first operationally sharded blockchain
This is factually incorrect, Kadena's chainweb was the first operationally sharded blockchain
It is not known how long it will take to grow. I note that the maximum offer of Alephium is 1.000.000.000
The maximum is very deceiving because most of it is mining over the next 80+ years. Take a look at this thread -
https://twitter.com/zkitbeats/status/1645357818088771584?s=20
The capitalization of all coins is small. If the project is not abandoned and developed, the growth can be large.
It is not known how long it will take to grow. I note that the maximum offer of Alephium is 1.000.000.000
The maximum is very deceiving because most of it is mining over the next 80+ years. Take a look at this thread -
https://twitter.com/zkitbeats/status/1645357818088771584?s=20
It is not known how long it will take to grow. I note that the maximum offer of Alephium is 1.000.000.000
Alephium has been flying under the radar for a very long time. And that's ok. Because it was born at the start of a massive bear market. The team saw the writing on the wall and focused on the tech. Most of their hard work (NFT market place, bridge, dex) are coming to fruition so the core team is just now starting to switch on their marketing engine.
I'm very excited for the first of alph. It's the hidden gem in the market. They dev team has been on fire, consistently putting out solid code and features. Can't wait to see how this does in a few years after their hackathons/ more mature ecosystem.
I'm very excited for the first of alph. It's the hidden gem in the market. They dev team has been on fire, consistently putting out solid code and features. Can't wait to see how this does in a few years after their hackathons/ more mature ecosystem.
Why do I think it's a good investment?
Alephium has not experienced a bull run so far. Personally, I'm a fan of Proof of Work, and my speculation is that more energy-efficient and innovative Proof of Work coins will once again have a chance to gain attention in the space.
The founder, Cheng Wang, is a brilliant mind. Here's a short excerpt from an interview with him:
"Cheng Wang: The first time I heard about Bitcoin was around 2014 during my PhD at EPFL on consensus algorithm research. My advisor asked me if I had heard about it because he might have been interested in doing some research on it, but we ended up not pursuing it. It was very traditional research where we focused on theory and didn't pay much attention to potential industry applications.
Then, I proposed the first linear-time Byzantine agreement algorithm and published it on the Internet.
In 2015, Vitalik Buterin and Casey from the Ethereum Foundation read my paper. They realized I was also in Switzerland and invited me to Zug at the Ethereum Foundation to discuss it with them. That's when I delved deeper into Bitcoin and Ethereum to prepare for the meeting.
At that time, I found Bitcoin's simplicity, as described in its whitepaper, more appealing. Ethereum seemed more complex, with a much broader attack surface, and I was concerned people might try to exploit it."
In general, I'm also convinced by the team. While they haven't raised the largest amounts of investment, they handle their funds carefully, are down-to-earth, answer all questions, and take criticism or advice from the community seriously.
Here's a glimpse from one of their wallet developers: https://www.youtube.com/watch?v=QHmb87sT9nI
Tokenomics are well explained in this thread:: https://twitter.com/zkitbeats/status/1645357818088771584?s=20
There was a pre-mine of 140 million coins.
Out of these, 30 million were sold for $0.05, 30 million for $0.12, and 4 million for $0.6.
16 million coins can still be sold or burned.
30 million + 30 million are allocated for ecosystem, development, team, etc. All of these have vesting periods and only count towards the circulation supply after being moved.
Looking at the overall chart, understanding the background is important. In the early stages, the circulation supply was quite low. As a Proof of Work chain, it's a fact that the first 2-3 years see the most coins entering circulation. And while still in the development phase and being a small chain, maintaining a steady price can be challenging. At least for the initial years, which, in my opinion, represent the accumulation phase (see Kadena).
The maximum supply is 1 billion tokens, but this will never be reached due to 100% burned transaction fees and proof of less work. Proof of less work is activated at a hashrate of 1 EH/s, where miners need to burn coins to mine new ones.
https://medium.com/@alephium/tech-talk-1-the-ultimate-guide-to-proof-of-less-work-the-universe-and-everything-ba70644ab301
Considering the market cap of 11 million, I see a lot of room for growth in the long run, despite the growing circulation supply.
With Ayin, the first Community DEX was developed.
https://www.ayin.app/swap
Currently, the team is building a bridge to BSC and ETH to facilitate high-volume trading. Once Alephium's price rises and the community continues to grow, building on Alephium becomes more appealing for developers. Then Alephium's technology comes into play.
Example:
https://medium.com/@alephium/alephiums-aps-eliminating-evm-token-approval-risks-5407e7e70a33
Alephium has not experienced a bull run so far. Personally, I'm a fan of Proof of Work, and my speculation is that more energy-efficient and innovative Proof of Work coins will once again have a chance to gain attention in the space.
The founder, Cheng Wang, is a brilliant mind. Here's a short excerpt from an interview with him:
"Cheng Wang: The first time I heard about Bitcoin was around 2014 during my PhD at EPFL on consensus algorithm research. My advisor asked me if I had heard about it because he might have been interested in doing some research on it, but we ended up not pursuing it. It was very traditional research where we focused on theory and didn't pay much attention to potential industry applications.
Then, I proposed the first linear-time Byzantine agreement algorithm and published it on the Internet.
In 2015, Vitalik Buterin and Casey from the Ethereum Foundation read my paper. They realized I was also in Switzerland and invited me to Zug at the Ethereum Foundation to discuss it with them. That's when I delved deeper into Bitcoin and Ethereum to prepare for the meeting.
At that time, I found Bitcoin's simplicity, as described in its whitepaper, more appealing. Ethereum seemed more complex, with a much broader attack surface, and I was concerned people might try to exploit it."
In general, I'm also convinced by the team. While they haven't raised the largest amounts of investment, they handle their funds carefully, are down-to-earth, answer all questions, and take criticism or advice from the community seriously.
Here's a glimpse from one of their wallet developers: https://www.youtube.com/watch?v=QHmb87sT9nI
Tokenomics are well explained in this thread:: https://twitter.com/zkitbeats/status/1645357818088771584?s=20
There was a pre-mine of 140 million coins.
Out of these, 30 million were sold for $0.05, 30 million for $0.12, and 4 million for $0.6.
16 million coins can still be sold or burned.
30 million + 30 million are allocated for ecosystem, development, team, etc. All of these have vesting periods and only count towards the circulation supply after being moved.
Looking at the overall chart, understanding the background is important. In the early stages, the circulation supply was quite low. As a Proof of Work chain, it's a fact that the first 2-3 years see the most coins entering circulation. And while still in the development phase and being a small chain, maintaining a steady price can be challenging. At least for the initial years, which, in my opinion, represent the accumulation phase (see Kadena).
The maximum supply is 1 billion tokens, but this will never be reached due to 100% burned transaction fees and proof of less work. Proof of less work is activated at a hashrate of 1 EH/s, where miners need to burn coins to mine new ones.
https://medium.com/@alephium/tech-talk-1-the-ultimate-guide-to-proof-of-less-work-the-universe-and-everything-ba70644ab301
Considering the market cap of 11 million, I see a lot of room for growth in the long run, despite the growing circulation supply.
With Ayin, the first Community DEX was developed.
https://www.ayin.app/swap
Currently, the team is building a bridge to BSC and ETH to facilitate high-volume trading. Once Alephium's price rises and the community continues to grow, building on Alephium becomes more appealing for developers. Then Alephium's technology comes into play.
Example:
https://medium.com/@alephium/alephiums-aps-eliminating-evm-token-approval-risks-5407e7e70a33
I would like to discuss a proof of work low-cap project. I became aware of it after the Ethereum Merge last year.
www.alephium.org
Alephium is the first operational sharded blockchain bringing scalability, ETH-inspired smart contracts, and energy efficiency to Bitcoin's proven core technologies while ensuring better performance.
From its technical design to its interfaces, Alephium has been created with usability and accessibility in mind. It’s made to support powerful, scalable yet user-friendly decentralized applications and protocols.
- Scalable through BlockFlow sharding with up to 400+ TPS (up to 10k TPS w/ more shards)
- Stateful UTXO model for Ethereum-level programmability and security.
- Efficient Proof of Less Work mining, using ⅛ of Bitcoin's energy.
- Custom Alphred VM enhances dApps with improved security and trustless transactions.
- Ralph language simplifies DeFi smart contract creation, resembling Rust syntax.
Whitepaper: https://github.com/alephium/white-paper/blob/master/alephium.pdf
Why another L1 blockchain? Isn't there too many already?
The blockchain’s narrative evolved from disruptive technology to a possible mainstream solution for several sectors. Due to this paradigm shift, most projects are giving away the core values of decentralization, self-sovereignty, and security in pursuing scalability to meet the performance requirements needed for such applications. Alephium delivers the same result without compromising on those fundamentals, and it is uniquely placed to ignite the industry’s interest in (s)UTXO and Po(L)W and spearhead the movement of UTXO-based DeFi and smart contract applications.
In addition, there were a few key technological motivations for building Alephium:
1. Horinzontal scaling through sharding
2. Many of the new Layer 1 (L1) blockchains are resource intensive, making it costly to run a full node which in turn can lead to a lack of decentralization and desintermediation in the long term. Alephium's approach is similar to Bitcoin's where anyone can run a full node and verify network. "Don't trust, verify."
3. Many of new L1 blockchains use the account model or are EVM compatible and inherits its weaknesses. Alephium created a new Virtual Machine (VM) built on the Unspent Transaction Output (UTXO) model to provides a new programming paradigm with higher security level for decentralized applications (dApps).
4. Most new L1s use Proof of Stake (PoS) consensus mechanism. Alephium chose to build on the Proof of Work (PoW) as simpler, more consistent, and more robust consensus mechanism for achieving decentralization.
Block Explorer
https://explorer.alephium.org/
Github
https://github.com/alephium
Wallet
https://github.com/alephium/desktop-wallet/releases/tag/v2.1.4
Blogs:
https://medium.com/@alephium
Discord:
https://discord.com/invite/3y8HvQ97s4
Telegram:
https://t.me/alephiumgroup
Tokenomics:
https://medium.com/@alephium/tokenomics-of-alephium-61d59b51029c
Coingecko:
https://www.coingecko.com/en/coins/alephium
Exchanges:
https://www.gate.io/de/trade/ALPH_USDT?ref=3018394
https://www.bitmart.com/trade/en-US?layout=basic&symbol=ALPH_USDT
https://tradeogre.com/exchange/ALPH-USDT
more links:
https://docs.alephium.org/frequently-asked-questions/
https://medium.com/@alephium/tech-talk-2-mysteries-of-stateful-utxo-the-ultimate-guide-to-alephiums-accounting-model-and-de2cf2063615
https://youtu.be/r_5U7ZgByt4?si=A2r5tHQTN8Ic5xON&t=2
www.alephium.org
Alephium is the first operational sharded blockchain bringing scalability, ETH-inspired smart contracts, and energy efficiency to Bitcoin's proven core technologies while ensuring better performance.
From its technical design to its interfaces, Alephium has been created with usability and accessibility in mind. It’s made to support powerful, scalable yet user-friendly decentralized applications and protocols.
- Scalable through BlockFlow sharding with up to 400+ TPS (up to 10k TPS w/ more shards)
- Stateful UTXO model for Ethereum-level programmability and security.
- Efficient Proof of Less Work mining, using ⅛ of Bitcoin's energy.
- Custom Alphred VM enhances dApps with improved security and trustless transactions.
- Ralph language simplifies DeFi smart contract creation, resembling Rust syntax.
Whitepaper: https://github.com/alephium/white-paper/blob/master/alephium.pdf
Why another L1 blockchain? Isn't there too many already?
The blockchain’s narrative evolved from disruptive technology to a possible mainstream solution for several sectors. Due to this paradigm shift, most projects are giving away the core values of decentralization, self-sovereignty, and security in pursuing scalability to meet the performance requirements needed for such applications. Alephium delivers the same result without compromising on those fundamentals, and it is uniquely placed to ignite the industry’s interest in (s)UTXO and Po(L)W and spearhead the movement of UTXO-based DeFi and smart contract applications.
In addition, there were a few key technological motivations for building Alephium:
1. Horinzontal scaling through sharding
2. Many of the new Layer 1 (L1) blockchains are resource intensive, making it costly to run a full node which in turn can lead to a lack of decentralization and desintermediation in the long term. Alephium's approach is similar to Bitcoin's where anyone can run a full node and verify network. "Don't trust, verify."
3. Many of new L1 blockchains use the account model or are EVM compatible and inherits its weaknesses. Alephium created a new Virtual Machine (VM) built on the Unspent Transaction Output (UTXO) model to provides a new programming paradigm with higher security level for decentralized applications (dApps).
4. Most new L1s use Proof of Stake (PoS) consensus mechanism. Alephium chose to build on the Proof of Work (PoW) as simpler, more consistent, and more robust consensus mechanism for achieving decentralization.
Block Explorer
https://explorer.alephium.org/
Github
https://github.com/alephium
Wallet
https://github.com/alephium/desktop-wallet/releases/tag/v2.1.4
Blogs:
https://medium.com/@alephium
Discord:
https://discord.com/invite/3y8HvQ97s4
Telegram:
https://t.me/alephiumgroup
Tokenomics:
https://medium.com/@alephium/tokenomics-of-alephium-61d59b51029c
Coingecko:
https://www.coingecko.com/en/coins/alephium
Exchanges:
https://www.gate.io/de/trade/ALPH_USDT?ref=3018394
https://www.bitmart.com/trade/en-US?layout=basic&symbol=ALPH_USDT
https://tradeogre.com/exchange/ALPH-USDT
more links:
https://docs.alephium.org/frequently-asked-questions/
https://medium.com/@alephium/tech-talk-2-mysteries-of-stateful-utxo-the-ultimate-guide-to-alephiums-accounting-model-and-de2cf2063615
https://youtu.be/r_5U7ZgByt4?si=A2r5tHQTN8Ic5xON&t=2
Jump to: