Aleph Zero Launches Ultra-Fast Ethereum-Compatible Layer-2 Solution
Aleph Zero, a blockchain ecosystem focused on speed, data confidentiality, and ease of development, has announced the mainnet launch of its new EVM-compatible Layer-2 solution. This expansion into the Ethereum ecosystem will allow Aleph Zero to develop and broaden the reach of its privacy-enhancing solutions.
The Aleph Zero EVM Layer-2 is built in partnership with Gelato, a Rollup-as-a-Service provider, and leverages Arbitrum Orbit technology. This combination results in a highly efficient blockchain with exceptionally fast transaction speeds and finality. The network can process thousands of transactions per second, making it one of the fastest EVM-compatible chains available.
“Aleph Zero EVM uses Arbitrum Orbits’ advanced web3 scaling stack–with the most performant developer tooling–to create the most advanced privacy-enhancing blockchain infrastructure on the market. Privacy will become a major narrative in 2024 and beyond, as more mainstream use cases emerge.” — Luis Schliesske, Founder of Gelato
Robust and Decentralized Foundation
The Layer-2 solution utilizes Aleph Zero’s existing Substrate-based WASM Layer-1 blockchain as its Data Availability layer. This ensures a robust and decentralized foundation for the new EVM environment, benefiting from Aleph Zero’s established network of over 190 validator nodes.
The ecosystem token AZERO will be used on the Layer-2 to power all gas transactions, similar to its use on the Layer-1.
zkOS Privacy Framework Coming to Aleph Zero’s EVM-Layer
Aleph Zero’s zkOS is a comprehensive privacy framework designed to make it easier and more user-friendly to integrate confidentiality features into blockchain applications. With zkOS, Aleph Zero aims to address existing challenges in on-chain privacy, such as poor user experience, long proving times, and limited multisig capabilities. By optimizing zero-knowledge proof generation to less than a second on consumer devices, zkOS aims to make privacy features more practical and economically beneficial for both new and existing applications across multiple blockchain ecosystems.
“EVM, with its user base and well-developed tooling, allows us to expedite the development of zkOS privacy framework and bring it to the second-largest market in crypto beyond Bitcoin. This is a perfect addition to our Layer-1 and adds optionality for developers and users alike.” – Adam Gagol, Co-founder of Aleph Zero.
Building on Aleph Zero EVM-Layer
Several use cases are already building on the Aleph Zero EVM, including:
- 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-enhanced decentralized identity operating system
- Tubbly – a walk-to-earn game
Introducing vib3s
vib3s is another use case on the Aleph Zero EVM that aims to enhance customer and fanbase relationships in the sports and entertainment industries using Web3 technology. This whitelabel service allows organizations to quickly introduce innovative apps tailored to their specific needs, boosting user retention and loyalty.
vib3s offers a range of features, including a newsfeed, an embedded crypto wallet, an on-chain loyalty points system, thematic games for fan engagement, branded card payments, loyalty points cashback, and more. The app also prioritizes privacy and complies 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 first implementation of vib3s will launch this month, targeting a large-scale entertainment use case in Europe.
For more information about Aleph Zero, visit https://alephzero.org.
About Aleph Zero
Aleph Zero is an ecosystem of blockchain solutions designed for speed, data confidentiality, and ease of development. It offers a comprehensive toolset for development across web3 environments and showcases its adaptability across various sectors and applications. Aleph Zero has over 40 actively developed use cases and a growing ecosystem of web3 applications supported by its programs.
For any enquiries about this release, contact [email protected] or [email protected].
Hot Take: Aleph Zero Expands into Ethereum Ecosystem with Layer-2 Solution
Aleph Zero’s mainnet launch of its EVM-compatible Layer-2 solution marks a significant milestone for the blockchain ecosystem. By leveraging Gelato’s Rollup-as-a-Service technology and Arbitrum Orbit, Aleph Zero has created a highly efficient and fast blockchain network capable of processing thousands of transactions per second. The integration of zkOS privacy framework further enhances the ecosystem’s privacy features, making them more practical and user-friendly. With several use cases already building on the Aleph Zero EVM-Layer and the introduction of vib3s for the sports and entertainment industries, Aleph Zero is expanding its reach and solidifying its position as a leading provider of blockchain solutions.