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Alephium is the first live Layer 1 sharded blockchain that scales and builds on Bitcoin core technologies, including Proof of Work and UTXO. It offers a fast, secure platform for DeFi and dApps, with improved energy efficiency. Alephium is powered by the BlockFlow algorithm, enabling effective and practical UTXO sharding. Drawing from distributed computing approaches, it uses a combination of DAG (Directed Acyclic Graph) and sharding. Compared with other sharding techniques, BlockFlow is more lightweight and also supports single-step cross-shard transactions directly, helping Alephium deliver a user experience that feels like a single-chain platform.
Alephium's smart contracts are engineered to be scalable, functional, and practical, with an emphasis on security and lower state usage. Its stateful UTXO approach merges benefits from both the UTXO model and the account model.
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