What is Aleph Im

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About Aleph.im

Key Points

  • Aleph.im is an open-source crosschain network featuring decentralized database, file storage, computing, and decentralized identity (DID) framework.
  • Founded in 2018 by Jonathan Schemoul (Moshe Malawach) in Paris, France.
  • Aleph.im is a unique blend of onchain and offchain decentralized technologies.
  • Compatible with Ethereum, Polkadot, Cosmos, and BinanceChain.
  • Data is private and encrypted by default, with the option to make data public.
  • 69.73M ALEPH tokens are in circulation as of December 28, 2020.


About Aleph.im: Unlocking the Power of Decentralized Data

Aleph.im (ALEPH): A Comprehensive Overview

Aleph.im is an open-source, cross-chain network that boasts a decentralized database, encompassing file storage, computing capabilities, and a decentralized identity (DID) framework. At its core, Aleph.im is driven by a mission to empower decentralized applications and protocols to shed their centralized dependencies, thereby achieving a fully decentralized architecture. In essence, Aleph.im can be likened to a decentralized equivalent of AWS or Firebase. With a keen focus on turbocharging the DeFi ecosystem, Aleph.im is poised to revolutionize the decentralized landscape.

The Visionary Behind Aleph.im: Meet the Founder

Aleph.im was founded in 2018 by the visionary entrepreneur Jonathan Schemoul, also known as Moshe Malawach. Hailing from France, Moshe has been fascinated with programming since his formative years, cultivating a lifelong passion that has driven his innovative pursuits.

Prior to venturing into the blockchain realm, Moshe cultivated a rich expertise in developing enterprise software, with a focus on finance, supply chain management, and other prominent industries. Subsequently, he emerged as a pivotal contributor within the NULS community, where he successfully designed and implemented the explorer and the innovative Proof of Credit Mining (POCM) system, among other notable achievements.

Moshe’s exceptional talent for harnessing the power of blockchain technology to drive tangible business value has been instrumental in shaping aleph.im into the entity it is today.

Our Office Location

With our headquarters situated in the City of Light, Paris, France, our diverse team is strategically dispersed across the globe.

Unveiling the Unparalleled Advantages of Aleph.im

Aleph.im embodies a distinctive fusion of on-chain and off-chain decentralized technologies. Its decentralized network, situated off the blockchain, can only be accessed and interacted with through blockchain networks, thereby facilitating pivotal features such as robust security and sophisticated crypto-economics.

Aleph.im boasts seamless compatibility with a multitude of prominent blockchain projects, including Ethereum, Polkadot, Cosmos, and BinanceChain, thereby empowering any project built on these platforms to effortlessly integrate with our decentralized database and file storage solutions.

Ultimately, aleph.im incorporates a channel mechanism, enabling the creation of sharded subnetworks that inherit all the features of the aleph.im network. These shards can be envisioned as dedicated cloud clusters, each operating independently.

The Transaction Management Process: A Closer Look

In a paradigm reminiscent of Web 2.0, where application owners bear the costs of cloud services like AWS, our decentralized ecosystem operates on a similar business model. Here, web dapp teams absorb on-chain transaction fees, rendering them cost-free for users. Furthermore, the batching of on-chain transactions ensures that fees remain negligible.

Ultimately, aleph.im offers delegated transactions, which are seamlessly managed by the network, thereby eliminating the need for users to manually resubmit transactions or adjust their associated fees.

Data Management: A Secure and Decentralized Approach

By design, data remains private and encrypted, with the flexibility to opt for public accessibility if desired. Furthermore, data storage is optimized, with information being stored on the minimal necessary number of nodes, and optionally, on nodes situated in specific geographic locations.

Aleph.im boasts seamless compatibility with IPFS, ensuring that data is meticulously replicated across both aleph.im nodes and IPFS, thereby guaranteeing enhanced data redundancy and accessibility.

Notable Projects Built on Aleph.im

  • A Decentralized Staking DApp
  • A Secure Personal Storage DApp
  • A Blogging DApp (Technical Preview)
  • The Aleph.im Website: A Showcase of Decentralized Hosting on the Aleph.im Network
  • Starname: Leveraging Our Decentralized Database to Store Crypto Profile Information

What Cutting-Edge Tools Does Aleph.im Offer to Empower Builders?

  • The Aleph.im SDK, comprising JavaScript and Python client libraries, empowers seamless integration.
  • The Aleph.im network Explorer, a comprehensive visualization tool.
  • The Aleph.im Token Swap, facilitating effortless token exchanges between NEO, NULS, and Ethereum networks.

The ALEPH Token: Unlocking a Multitude of Utilities

  • Staking Token – the collateral that underpins the network’s security
  • Reward Token – incentivizing stakeholders and node operators for their contributions, as well as providers of cloud services
  • Payment Token – facilitating transactions for storage, computing, and synchronization services

The Circulating Supply of ALEPH Coins: An Overview

As of December 28, 2020, a circulating supply of 69.73 million ALEPH tokens exists. Notably, Aleph.im did not undertake an Initial Coin Offering (ICO). Instead, the initial minting process involved staking NULS tokens on the Proof of Credit Mining (POCM) platform, which incentivized stakers with ALEPH tokens as rewards. In July 2020, the total token supply underwent a 50% reduction. The tokens currently in circulation are allocated among stakers, node operators, liquidity providers, marketing initiatives, and company usage.

Acquiring ALEPH Tokens: A Comprehensive Guide

ALEPH is now accessible for trading on an increasingly diverse range of exchanges. While we recommend utilizing Uniswap, ALEPH is also conveniently listed on centralized exchanges.

Exploring the Project: Resources for Further Learning

Our primary and most contemporary avenues of communication are our Medium blog, Twitter account, and Telegram channel, where we share the latest updates and insights.

Automated Market Maker (AMM)

  • Uniswap (Ethereum)
  • Balancer (Ethereum)
  • 1inch (Ethereum) and 0x Protocol (Ethereum)

Centralized Exchange (CEX)

  • Beaxy.com, which supports Ethereum (ETH) trading
  • Gate.io, offering both USDT and Ethereum (ETH) options
  • MXC, featuring USDT trading pairs
  • Kucoin, providing USDT-based trading opportunities
  • Probit, supporting Bitcoin (BTC), South Korean Won, and USDT Stablecoin transactions

New to the world of cryptocurrency? CoinMarketCap presents a comprehensive beginner’s guide to purchasing Bitcoin and other digital tokens with ease.

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