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Aleph Zero launches Ethereum-compatible layer-2 solution on its mainnet
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Aug 12, 2024
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Web3 Ecosystem

Web3 Ecosystem

Aug 12, 2024

Aleph Zero launches Ethereum-compatible layer-2 solution on its mainnet

Partnerships
Product updates

  • Aleph Zero, a blockchain ecosystem focused on privacy and efficiency, has launched its new Ethereum-compatible layer-2 solution on its mainnet. The new EVM layer is built in partnership with Gelato, a rollup-as-a-service provider, and uses Arbitrum Orbit technology.

  • The new layer-2 solution utilizes Aleph Zero's Substrate-based WASM layer-1 as its data availability layer and integrates with zero-knowledge operating system (zkOS) privacy tools. It features block times of 250 milliseconds, near-instant transaction finality, and can process thousands of transactions per second. AZERO, the ecosystem token, will be used for transaction fees. 

  • In addition, the company plans to introduce the zkOS privacy toolkit in Q4 to reduce zk proving time and integrate privacy features into blockchain applications.

  • Founded in 2017, Aleph Zero is a layer-1 blockchain platform that utilizes a consensus protocol called AlephBFT. The protocol aims to address scalability and security challenges in blockchain technology.

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