Alephium

alph

Alephium (ALPH) is a pioneering Layer 1 (L1) Smart Contract Platform that uniquely blends Bitcoin's robust Proof-of-Work (PoW) security with advanced scalability and programmability. This innovative cryptocurrency project introduces Stateful UTXO (sUTXO), enabling powerful smart contracts with enhanced security and flexible mutable states. Its groundbreaking Blockflow sharding algorithm achieves over 20,000 transactions per second (TPS) while providing a unified, single-chain user experience, making Alephium a highly scalable blockchain solution. Alephium also implements Proof-of-Less-Work (PoLW), significantly reducing energy consumption by 87% compared to traditional PoW, ensuring a sustainable and decentralized network. Developers benefit from its custom Alphred Virtual Machine and Ralph programming language, facilitating secure DeFi and Web3 dApp creation within the Alephium ecosystem. The native ALPH token fuels this cryptocurrency network, serving as a reward for miners and for transaction fees, contributing to its unique tokenomics.

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Smart Contract PlatformBNB Chain EcosystemL1+4 More

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