Zug, Switzerland, August 12, 2024, Chainwire
Aleph Zero launches its ultra-fast Ethereum-compatible Layer 2, expanding its privacy tools and new applications compatible with the world’s largest web3 ecosystem.
Aleph Zero, a blockchain ecosystem built for speed, data privacy, and ease of development, today announced the mainnet launch of its new EVM-compatible Layer-2 solution. This milestone marks Aleph Zero’s expansion into the Ethereum ecosystem, which will accelerate development and expand the reach of its zkOS privacy-enhancing solutions.
Aleph Zero’s Layer-2 EVM is built in partnership with Gelato, a leading Rollup-as-a-Service provider, and leverages Arbitrum Orbit technology. This combination results in an exceptionally fast and efficient blockchain, with a block time of up to 250 milliseconds and near-instant transaction finality. The network is capable of processing thousands of transactions per second, making it one of the fastest EVM-compatible chains available.
“Aleph Zero EVM leverages Arbitrum Orbits’ advanced Web3 scaling stack, along with the most powerful developer tools, to create the most advanced privacy-preserving blockchain infrastructure on the market. Privacy will become a major topic in 2024 and beyond as more common use cases emerge.” — Luis Schliesske, Founder of Gelato
The Layer-2 solution will leverage Aleph Zero’s existing Substrate-based Layer-1 WASM blockchain as the data availability layer. This architecture ensures a robust and decentralized foundation for the new EVM environment, benefiting from Aleph Zero’s established network of over 190 validator nodes.
AZERO, the ecosystem token, will be used on Layer 2 to fuel all gas transactions in the same way it is currently used on Layer 1.
zkOS Features Coming to Aleph Zero’s EVM Layer in Q4
zkOS is Aleph Zero’s new full-stack privacy framework designed to make integrating privacy features into blockchain applications more accessible and user-friendly. This aligns with Aleph Zero’s vision of making privacy-enhancing technologies easier to use, with optimization tests showing the system’s ability to prove ZK proofs in under a second on consumer devices.
zkOS bundles Aleph Zero’s privacy products into a single, developer-friendly toolkit that does not require deep cryptography knowledge to implement. zkOS aims to solve existing on-chain privacy challenges such as poor user experience, long proof times, and limited multisig capabilities. By optimizing zero-knowledge proof generation to sub-second on consumer devices, zkOS strives to make privacy features more practical and cost-effective for new and existing applications across multiple blockchain ecosystems.
“EVM, with its well-developed user base and tooling, allows us to accelerate the development of the zkOS privacy framework and bring it to the second largest cryptocurrency market beyond Bitcoin. It is a perfect addition to our Layer 1 and adds options for developers and users,” said Adam Gagol, Co-Founder of Aleph Zero.
Early use cases already based on Aleph Zero EVM include:
- pieces.market – a luxury real-world asset (RWA) marketplace.
- Syncra – a DAO-as-a-Service platform with private voting features.
- Upcade – a Web3 gaming hub.
- Rarible – the NFT marketplace.
- DRKVRS – a web3 multiplayer RPG game.
- idOS – a privacy-enhancing decentralized identity operating system.
- Tubbly – a walk to win game.
Introducing Vib3s
vib3s, another use case on the Aleph Zero EVM, is expected to enable the sports and entertainment industries to deepen their relationships with their customers and fans through the power of Web3.
This white-label service enables organizations to quickly introduce innovative applications that drive retention and loyalty within their user base, with an easy-to-deploy product that can be customized to any organization’s needs.
Among the key features, users will find the news feed, an integrated crypto wallet, an on-chain loyalty points system, themed games for fan engagement, branded card payments, cashback loyalty points, among others. An important part of the app is its privacy-friendly nature that makes it compliant with GDPR laws.
vib3s is powered by the Aleph Zero blockchain and the Upcade gaming hub, as well as solutions from Holyheld, Thirdweb, idOS and others.
The project will launch its first implementation this month, targeting a large-scale entertainment use case in Europe.
For more information about Aleph Zero, users can visit
About Aleph Zero
Aleph Zero is an ecosystem of blockchain solutions designed for speed, data privacy, and ease of development. It achieves efficiencies similar to conventional web2 systems, adheres to rigorous data protection standards via highly optimized zero-knowledge proofs, and offers a comprehensive set of web3 development tools ranging from WASM to EVM environments. Aleph Zero’s versatility is evidenced by over 40 use cases currently in development, demonstrating its adaptability to various industries and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero programs.
For inquiries about this release, users may contact josh@serotonin.co or ana@serotonin.co
Contact
Public Relations Manager
Josh Adams
Aleph Zero
josh@serotonin.co
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