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Aleph Zero is a layer-1 public blockchain that is built to work directly with the Substrate stack. The project aims to tackle challenges seen in today’s blockchain networks, especially by targeting increased throughput, faster validation, stronger scalability, and improved security.
To achieve this, Aleph Zero incorporates DAG (Directed Acyclic Graph) technology to support its consensus engine, AlephBFT, which drives the network. It also follows a practical model for transferring value and executing smart contracts.
A major part of Aleph Zero is the AlephBFT consensus mechanism. It is based on Proof-of-Stake, but is specifically tailored for the protocol itself. More specifically, it blends PoS with a DAG setup to help validate transactions rapidly.
With Proof-of-Stake, the protocol relies on a fixed set of rotating validators at the heart of the process. Their role is to help confirm that transactions on the blockchain are accurate. Meanwhile, the DAG layer functions as an intermediary, enabling quicker validation and therefore lower transaction costs.
Aleph Zero also incorporates zero-knowledge proofs (ZKPs) along with secure multi-party computation (sMPC), helping keep user information protected and private. Together, these technologies are designed so that sensitive data is disclosed only when the data owner approves.
Aleph Zero supports use cases across a variety of industries and scenarios. Examples include supply chain management, virtual game assets, decentralized domain name systems, digitizing assets, notary signatory services, and Internet of Things applications, among others.
Some examples of projects building on top of the Aleph Zero blockchain include:
MME - an advisory firm that assists innovative companies across many industries.DRKVRS - a metaverse-focused gaming platform where users can engage with adult-themed content.Nova Wallet - a crypto wallet made for experienced traders, as well as newcomers to the space.OVR can be traded on the CEXs and DEXs listed here. Among the most widely used venues with the most liquidity are MEXC Global and Gate.io. OVR’s price will change based on the exchange you choose and broader market conditions. For current and historical OVR market pricing, please check the price charts on this page.
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