Aleph Cloud

What Is Aleph Cloud (ALEPH)?

Aleph Cloud is an open-source, crosschain network that provides decentralized databases, including database storage, computing resources, AI and a decentralized identity (DID) framework. The core mission of Aleph Cloud is to help decentralized applications and protocols eliminate centralized components from their stack, enabling a fully decentralized architecture. You can think of Aleph Cloud as a decentralized alternative to AWS or Firebase. It is particularly focused on supercharging the DeFi ecosystem.

What makes Aleph Cloud unique?

Aleph Cloud is a unique blend of onchain and offchain decentralized technologies. Its decentralized network is offchain but can only be interacted with through blockchain networks. This enables key features such as security and advanced crypto-economics.

Aleph Cloud is already compatible with many leading blockchain ecosystems, including Ethereum, Solana, Avalanche, Base, and BNB Chain. This compatibility allows projects building on these platforms to seamlessly integrate with our decentralized database and file storage solutions.

Additionally, Aleph Cloud features a channel mechanism that enables sharding, subnetworks that retain all the core functionalities of the Aleph Cloud network. These shards can be thought of as dedicated cloud clusters, providing scalability and customization for specific use cases.

How transactions are managed?

Onchain transaction fees are free for end users as long as web dApp teams cover the costs, similar to the Web2 model, where application owners pay cloud providers like AWS. Transactions are batched on-chain, keeping fees minimal and predictable.

Aleph Cloud also supports delegated transactions, which are managed by the network itself. This means users don’t need to worry about manually resubmitting transactions or adjusting fees, the process is streamlined for a seamless user experience.

How data is managed?

With Aleph Cloud, data is private and encrypted by default, with the flexibility to make it public when needed. It is stored on the minimum number of nodes required, optimizing both efficiency and security. You also have the option to store data on nodes located in specific geographic regions, offering enhanced control over data sovereignty and regulatory compliance.

Aleph Cloud is fully compatible with IPFS, allowing data to be replicated across both Aleph Cloud nodes and the IPFS network—ensuring greater redundancy, availability, and decentralization.

Aleph Cloud solutions

• Staking DApp
• Web hosting
• VPS
• Storage
• VRF
• GPU on-demand
• Indexer

What tools does Aleph Cloud provide for buidlers?

• SDK Javascript and Python client libraries.
• Network explorer Explorer
• Token Swap to swap your ALEPH tokens between BNB Chain, Avalanche, Base and Ethereum.

What is the utility of ALEPH token?

• Staking Token - collateral used to secure the network
• Reward Token - for staking and/or running nodes, for providing cloud services
• Payment Token - pay for storage, computings and synchronization services

How many ALEPH are in circulation?

As of December 28, 2020, 69.73M ALEPH tokens are in circulation. Aleph.im did not hold an ICO. The initial minting process involved staking NULS tokens in the Proof of Credit Mining (POCM) platform, which rewarded stakers in ALEPH tokens. The total token supply was reduced by half in July 2020. Tokens currently put in circulation are for stakers, node operators, liquidity providers, marketing, and company usage.

Where can I buy ALEPH tokens?

ALEPH is available for trading on a growing number of exchanges. We recommend using Uniswap but ALEPH is also available on centralized exchanges.

AMM

• Uniswap (ETH)
• Balancer (ETH)
• 1inch (ETH) *0xProtocol (ETH)

CEX

• Beaxy.com (ETH)
• Gate.io (USDT) and also Ethereum (ETH)
• MXC (USDT)
• Kucoin (USDT)
• Probit (BTC) and also South Korean Won, USDT Stablecoin

New to cryptocurrency? Read CoinMarketCap’s easy guide to buy Bitcoin or any other token.

Where can I learn more about the company?

Currently our main and most up-to-date communication channels are our Blog, Twitter account and Telegram channel.