Aleph Zero has revealed the start of its new Ethereum-compatible Layer-2 solution on the mainnet. This is a big step forward in the development of blockchain technology. With this start, the cutting-edge Arbitrum Orbit technology and the zero-knowledge operating system (zkOS) are combined to speed up blockchain transactions and make them more private.
For the new Layer-2 approach to work, Aleph Zero’s Substrate-based WASM Layer-1 blockchain is used as a base. This provides a strong, decentralized setting that works with EVM. When a transaction is finalized in just 250 milliseconds, and thousands of transactions can be processed per second, the network sets new standards for speed and efficiency in the blockchain space.
AZERO, Aleph Zero’s environment token, will power all gas transactions on Layer-2. It will also continue to be a key utility token across the platform. Adding Gelato’s Rollup-as-a-Service technology to the network makes it even more scalable and makes it one of the most advanced platforms for protecting privacy.
Starting in the fourth quarter, Aleph Zero will release its zkOS privacy tools. This will greatly shorten the time it takes to generate a zero-knowledge proof, which will make privacy features easier to use and more useful for blockchain apps. This toolkit brings together Aleph Zero’s privacy technologies into an easy-to-use package. This lets developers add privacy features to their apps without needing to know a lot about cryptography.
Aleph Zero has released a number of new apps to go along with his growth in the Ethereum environment. These include markets for high-end real-world goods, gaming hubs, NFT markets, decentralized autonomous organizations (DAOs) with private vote features, and identity operating systems that protect privacy. Vib3s is a cool new app that uses Web3 technology to get people more involved in the entertainment and sports fields. Vib3s has features like on-chain reward points, branded card payments, and themed games. It also makes sure that privacy laws like GDPR are followed.
Aleph Zero’s most recent developments show that the company is dedicated to improving blockchain technology, especially when it comes to privacy, speed, and opening up the technology to developers. Aleph Zero is building a flexible and growing environment that will be able to meet the changing needs of the blockchain community. There are already over 40 active use cases
