Crypto’s Next Solana? How Aleph Zero Could Flip SOL

Do you remember solana's price rally Back in 2021 saul went from two dollars In january and soared all the way up to 259 dollars in eight months and it Wasn't just because of the bull rally Actually what contributed to the massive Price action was celina's ambitious Design which of course aims to solve the Long prevailing blockchain trilemma but In 2022 solana faced numerous issues With network instability and the users Lost some of their faith in the project Does that mean the blockchain trilemma Cannot be solved no we don't think so we Think it still is something that can be Solved and in fact the research team at Altcoinbuzz has found a project that Claims to have a potential solution Now's probably a good time to look at it Because once the market regains its Footing and starts to heat up we expect This project to really take off this Project does have a chance to be the Next solana but of course hopefully Without any blockchain halts or down Times [Music] Welcome to the channel my name is matty And this is altcoin buzz we are a crypto Investment research company we have Documented many 100x returns on coins And tokens that are top projects today Really before anyone else was even Talking about them and if you want to

See our detailed process for researching Such projects then our new and improved Altcoin buzz access group is for you our Plans start at 99 Monthly be sure to click the link below For more information if you haven't yet Signed up you still have eight days to Check out our exclusive altcoin buzz Access link for mexc in which you stand A chance to win up to six thousand six Hundred ninety nine dollars in bonuses Once again eight days are remaining to Become eligible for the bonuses you Simply need to fund your account and Start trading check out more information With a link that is popping up now as Well as the one that can be found in our Description below best of luck fair Warning any kind of investment whether Crypto or otherwise does carry Corresponding risks so look this video Is full of useful hopefully information Do with it what you will but please Don't consider it to be official Financial or investment advice it is not With that being said let's get right Into the value proposition of lf0 which Is a privacy enhancing public blockchain With instant finality and we're talking About it today because Tomorrow is already june 22nd and that's When smart contracts are going to debut On aleph xero's test net and that means That developers are going to be able to

Build the next big thing on one of the Most advanced blockchain test nets Starting tomorrow june 22nd we're gonna Get right back to the project but let's First get some context straight and Understand why solving for the Blockchain trilemma really is the holy Grail in this crypto space all right Chances are you've heard about this term Before but in case you haven't Blockchain trilemma was coined by Ethereum's co-founder vitalik buterin to Describe three core issues that Developers face all developers when Creating blockchains and the three Elements of the blockchain trilemma are Decentralization security and Scalability and the term means that one Of these must be sacrificed in order to Successfully implement the other two and This is where inefficiencies creep into Blockchain networks in other words you Can try optimizing for decentralization And security but then scalability is De-emphasized on the contrary you can Focus on scalability and security but Then decentralization is going to suffer It's kind of like allocating points into A character class in an rpg you just Can't max out every single category You're limited so how does aleph zero Solve for this blockchain trilemma well At the core of aleph zero's value Proposition is dag that's a directed

Acyclic graph dag the algorithm which Works like a block chain but is not Really a block chain actually let's find Out in a very simple way as to how using Dag lf0 solves the blockchain trilab Beginning first of all with scalability So a dag protocol like lf0 has some Serious advantages over traditional Proof-of-work blockchains for example it Produces the consensus much faster than A blockchain and thanks to that it's Able to maintain high transaction speeds When operating on a high scale something Of course that bitcoin's blockchain Cannot achieve and lf0 has already Proven it on a test network of 128 nodes Where it reached 100 000 transactions Per second that's the power of dag and Alef xero's dag clearly solves the Scalability issue from the blockchain Trilemma but the next element the next Variable if you will is security and lf Zeros dag employs lfbft which is a Byzantine fault tolerant consensus Protocol and through the use of lfbft it Ensures that the communication between Nodes remains effective and transparent Despite the presence of potentially Malicious nodes so additional security Is guaranteed by employing the element Of asynchronicity this means that the Network will work smoothly and retain Data correctness even if some parts of That network may go down and

Implementing asynchronous properties to Bft is a step forward to ensure maximum Security the last big variable is Decentralization and usually it's not Easy to decentralize dag to the same Level as blockchain but lf0 is working On implementing a mechanism that chooses Rotating committee members randomly and In the testnet they're already testing It using again 128 nodes but on mainnet They are targeting for a much higher Number so the randomness will be more And the network will become more Decentralized and more scalability more Security and more decentralization all Point to the fact that lf0 has at least Partially cracked the code for solving The blockchain trilemma and while that's Already impressive there's actually a Lot more to this ecosystem the alex zero Ecosystem has three main products first Of all the aleph zero infrastructure Layer this is the layer one blockchain They use proof of stake as consensus Mechanism and the dag based consensus Protocol again lfbft powers this so this Means that alef0 doesn't need mining in Other words transactions are low cost or Even free which makes dags suitable for Iot apps and dags are also ideal for Daily small crypto transactions all Because of course of the low transaction Costs the second main product is the Liminal privacy layer this is where

Alef0 uses the zk snarks and the smpc For privacy so it's a hybrid solution And that's precisely what makes them Stand out the zk snarks pass a secure And secret key between users however What makes them so interesting is the Following they don't reveal the Information and there's also no Interaction between the prover and Verifier zcash which is another privacy Chain also uses the zk snarks and then Smpcs secure data through many computers And they can't access data by the way Without complete accord of consensus and In the meantime all blockchains that Bridge to alf-zero can use liminal which Acts as a multi-chain standalone privacy Layer and that third main product is Common wallet this is a dex a Decentralized exchange and a dark pool The latter are private exchanges the General public has no access to them but One of the key features of common is That it eliminates front running front Running is when your transaction is in a Queue and a bad actor knows the details Of your transaction and can potentially Influence the price of this future Transaction and some additional parts of Their ecosystem include the lf0 cloud There's also decentralized file storage And ipfs private smart contracts and These are scalable and self-executing There's also the blockchain ecosystem of

Lf0 and it's a fairly new project so It's a smaller one but nevertheless you Got to start somewhere and so far we are Impressed with what they're trying to Accomplish we're here on alef0.org Taking a look at the team which as you Can see is quite robust they have Currently over 30 members you can find Their names on the website as shown here And in the white paper so the team is Not anonymous which is fundamentally a Very good point for any crypto project To be able to boast and again we've said It before it's always a deal breaker for Us when the team is not transparent so The fact that they are here is a great Sign right now they call zoug Switzerland their home which of course Is a very crypto friendly region in a Very crypto friendly country and some of The companies or organizations that team Members previously worked for include Ibm stellar codewise cap gemini ing bank Tibco software google uber and riverbed Technology let's now talk about Tokenomics with a look at the a0 token That's lf0s native token it's a main net The token has a current price of about 71 cents at the time of this recording And their market cap is a self-reported Figure of 48 million dollars so they're Still very much at an early stage they Also have a self-reported circulating Supply of 71 million tokens and it's an

Inflationary token so there's not really A max supply to speak of the current Total supply is around 300 million and Each year they add 30 million tokens as Staking rewards and over 24 hours the Price the token has gone up by about six Point six percent their all-time high Was three dollars and nine cents that Was back in mid april of 2022 just over A couple months ago right now there are Only three exchanges where you can buy The a0 token mexi was the first exchange That offered the token that was back in January and they also boast the highest 24-hour trade volume with six hundred And twenty five thousand dollars and Then later in march gate dot io started Offering a0 their 24-hour trading volume Stands at about a quarter million then The last exchange to join was who that Was in april they have a 24-hour trading Volume of about 237 thousand dollars in Our humble opinion mexi exchange is Undoubtedly a better exchange on which To buy a0 because high trading volume Leads to fairer prices once again guys You can sign up with mexc through this Link it's popping up on screen you can Also find it in the description of this Video and by using it that's our Exclusive altcoin buzz link you get a Straight 10 Lifetime discount on all trading fees And also get a chance to win part of the

Six thousand six hundred ninety nine Dollars in bonuses that we are jointly Offering keep your eyes glued to our Social media channels as well as M-e-x-c's for further announcements okay Let's stay impartial and talk about some Of the competitors out there and we have To think about this in the context of Exactly what lf0 is competing against Let's take a look at the overall smart Contract platform the scp sector that Had a 750 billion dollar market cap in Q1 of this year 2022. there are almost 90 Scps against smart contract platforms in That scene and combined they have a 35 Percent digital asset market share out Of this ethereum has a 60 market share But furthermore the top 10 platforms Represent 89 percent of that market cap So in other words aleph zero is in a Highly competitive space and other dag Based platforms for instance are phantom Iota and hedera hashgraph definitely Some names that you've likely heard Before some of the layer 1 block chains That are occupying the same space Include fuse network concordium and Parallel chain competing privacy block Chains include zcash and monero and Hybrid block chains in the same arena Are ripple kadena and dragon chain no Question there is plenty of competition In this space however alif xero is doing

Things their own way they stand out from The competitors for two specific reasons And these two reasons are their biggest Selling points first of all they have State of the art consensus with a unique Peer-reviewed abft consensus mechanism That is short for asynchronous byzantine Fault tolerant honest nodes of a network Guaranteed to agree on the timing and Order of a set of transactions in a fair And secure way and secondly they have a Universal privacy layer liminal based on The zk snarks and smpc let's now take a Look at the company's roadmap and in Describing it lf0 keeps it simple they Either have something done have it in Progress or it's coming up in the future Simple easy straightforward we like that So let's have a look at what it is They're projecting completed are phase One and two this included the Peer-reviewed consensus protocol and Liminal in progress right now are the Following phase three among others Native token transfers rust Implementation of lf bft consensus and In phase four for instance the validator Elections basic smart contract Capabilities and then coming up are Phases five and six in phase five Bridges 1.0 with kusama ethereum and a Custom web wallet and more and in phase Six bridges 2.0 polka dot cosmos and bnb And experimental transaction fees free

Or nearly free fees so there you have it A look at this new and exciting crypto Project this potential gem aleph zero Whose token again is a0 among other Things we introduced you to their Consensus mechanism that stands out in Our opinion we also showed you a variety Of use cases they claim to have solved The blockchain trilemma because they're Fast they're decentralized and scalable So they say you had a look into how they Set up their ecosystem with the alef0 Infrastructure layer but also the Liminal privacy layer and their common Wallet and we looked at the team and Their tokenomics the roadmap is also Looking good the team seems to be on the Ball and keeps meeting their goals these Are all excellent signs and we can Conclude at least for now that this is An undervalued project in our opinion Otherwise we wouldn't be talking about It so keep an eye on this one let us Know your thoughts about this one guys Members of the altcoin buzz army in the Comments below do you think that we can Truly see a project that will one day Solve the blockchain trilemma sound off Let us know your thoughts if you're Still watching this video kudos be sure To like subscribe share hit the bell to Receive notifications never financial Advice but genuinely we wish you the Best of luck if you choose to invest

Check out these other couple of videos Guys popping up to my left to my right Stay safe out there and as always we do Up to you again soon in our next video Take care You