Aleph.im (ALEPH)

Aleph.im is currently trading at $0.0720, after a price change of 4.75% in the last 24 hours.

Ranked as cryptocurrency #591 by capitalization today, ALEPH market cap is valued at $17,798,191. ALEPH trading volume reached $310,442 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on ALEPH coin price prediction page.

What is Aleph.im?

Aleph.im is a decentralized layer-two cross-chain solution built for decentralized applications. The protocol aims to decentralize the web and cloud architecture. Aleph’s decentralized database comprises file storage, ID framework, and computing. The protocol integrates on-chain and off-chain technologies. The Aleph.im ecosystem is off-chain but accessible via a blockchain network.

Aleph.im is interoperable with other blockchains like Ethereum, Cosmos, and Binance Chain. The on-chain transaction is freely accessible to users but must be paid for by the web dApp team. The on-chain transactions are batched to minimize charges. Aleph.im offers delegated transactions managed by the network so that the users need not re-submit a transaction or adjust the fees. The protocol encrypts data, and there is an option to make it public. Aleph.im enables data to be stored on fewer nodes in a given location. Staking, blogging, and personal applications are some of the products on the Aleph.im network.

ALEPH is the native token to the Aleph.im network. There are 184,266,830.94 tokens from a total supply of 500 million and an equivalent maximum limit. ALEPH is used in staking, reward, and payment functions.

Aleph.im was developed in 2018 by Jonathan Schemoul.