AZERO in reshaping the blockchain space! 

Azero

Hey, #CryptoCommunity! AZERO is not just another cryptocurrency, it is a game changer in the blockchain space that aims to revolutionize the way we interact with decentralized networks.

What is cryptocurrency?

Have you ever received a paper token from your next-door store instead of the loose change it would accept the next time you visit? Imagine that token digitally, and that’s your cryptocurrency. 

The big difference is that there is no owner-issuer and it would, at least in theory, be adopted globally. A cryptocurrency is a digital or virtual coin secured by cryptography that makes it nearly impossible to counterfeit. They have their own commercial values and are designed to be used as a medium of exchange for the purchase of goods or services.

Cryptocurrencies are decentralized, meaning they are not regulated by any authority. They are built on blockchain network technology that ensures transparency and helps track every transaction. Such currencies are theoretically immune to government intervention or manipulation of any kind. Because cryptocurrencies have no underlying economic base, they are resistant to inflation. In addition, the digital structure allows for free portability across geographical boundaries, severability and transparency. 

However, they are often criticized for the possibility of misuse for illegal activities, fluctuations in exchange rates and the vulnerability of the infrastructure on which they are based.

🔄 About AZERO: 

In the vast realm of blockchain technology, there are projects that aim to bring groundbreaking innovations to the forefront. One such project is Aleph Zero, otherwise known by its token, This platform promises a blend of privacy, scalability, and instant transaction finality. But what really sets Aleph Zero apart in the crowded blockchain space?

AZERO is the native coin powering the Aleph Zero platform.

Aleph Zero – A revolutionary public blockchain that combines PoS and DAG technology for lightning speed, rock-solid security and unlimited scalability. Seamlessly integrated into Substrate, it is the platform of choice for custom blockchain projects.

The first version of the Azero’s mainnet launched on November 10, 2021.

🔍 Fundamental Analysis : 

AZERO’s blockchain utilizes a robust consensus mechanism for high throughput and stability. Its unique sharding architecture allows parallel transaction processing, enhancing scalability and security.

The company has successfully secured $15 million in funding, which will be directed towards accelerating the development process, seamless integration with the Substrate stack, and expanding the talented team behind these innovations. The project was initially launched by the founding team in early 2018, as well as friends and family through a round of pre-production. The seed round was largely closed by December 2020. The public presale, community rounds, and public sales were completed in 2021.

While Aleph Zero is a proud member of the Substrate Builders Program, it is crucial to note that it operates independently and is not a Polkadot para chain, asserting itself as a sovereign ecosystem. Powering the platform’s myriad functionalities is the indigenous coin of the Aleph Zero platform, solidifying its position in the ever-evolving blockchain landscape.

🏆 Team AZERO:

Co-founder

     

    Advisors

       

        • Max Torres

      Head of Finance at 0x

         

          • Michael Guzik

        CEO of CLST, former partner at Blockchain Valley Ventures, Primary Markets Lead at Lykke, initiator of blockchain practice in PwC Switzerland

           

            • Michal Branski

          Co-owner and CSO of Wirtualna Polska

             

              • Joeri van Geelen

            Founding Partner of NxGen, former Managing Director APAC at Prysm Group

            Upcoming Features 2023

            The Aleph Zero team is not one to rest on its laurels. In 2023, they plan to implement cutting-edge privacy-enhancing features. These features leverage secure multi-party computation research (sMPC) and zero-knowledge proofs (ZKP), two of the most promising cryptographic techniques for ensuring privacy and security on the blockchain.

            Wrapping Up

            Aleph Zero represents a fusion of innovation, commitment, and foresight in the blockchain industry. With its unique approach to consensus, focus on privacy, and ambitious roadmap, Aleph Zero is undeniably a project to watch in the coming years. Whether you’re an investor, developer, or curious observer, the advancements and achievements of Aleph Zero offer a glimpse into the potential future of blockchain technology.

            Frequently Asked Questions

               

                1. Where can you buy Aleph Zero?

              AZERO tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Aleph Zero is MEXC, where the most active trading pair AZERO/USDT has a trading volume of $395,880 in the last 24 hours. Other popular options include KuCoin and Gate.io.

                 

                  1. What is the daily trading volume of Aleph Zero ?

                Aleph Zero trading volume is $780,395 in the last 24 hours, which is a -6.90% decrease over the one-day period, signaling a recent drop in market activity.

                   

                    1. What is the all-time high for Aleph Zero ?

                  The highest price paid for Aleph Zero is $3.09, which was recorded on April 15, 2022 (over 1 year). In comparison, the current price is -70.15% below the historical high price.

                     

                      1. What is the historical low for Aleph Zero ?

                    The lowest price paid for Aleph Zero (AZERO) is $0.592052, which was recorded on June 18, 2022 (about 1 year). In comparison, the current price is 56.03% higher than the all-time low.

                       

                        1. What is the market cap of Aleph Zero ?

                      Aleph Zero (AZERO) has a market cap of $218,313,718 and is currently ranked #153 on CoinGecko. Market capitalization is measured by multiplying the price of a token by the circulating supply of AZERO tokens (240 million tokens are tradable on the market today).

                         

                          1. What is the fully diluted valuation of Aleph Zero ?

                        The fully diluted valuation (FDV) of Aleph Zero (AZERO) is $312,484,983. This is a statistical representation of the maximum market capitalization assuming a maximum of 340 million AZERO tokens are in circulation today. Depending on how the AZERO token issuance plan is designed, it may take several years for the FDV to be realized.

                           

                            1. How does Aleph Zero’s price performance compare to its peers?

                          With a 0.60% increase in price over the past 7 days, Aleph Zero (AZERO) is underperforming the global crypto market, which is 1.20% higher while underperforming its peers on Layer 1 (L1) , which are up to 1.10%.

                             

                              1. What is the market sentiment for Aleph Zero today?

                            The community is optimistic as more than 96% of users feel good about Aleph Zero (AZERO) today.

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