Aleph$ALEPH

What is this network?

Aleph.im is an open-source crosschain network that features decentralized database including file storage, computing, and a decentralized identity (DID) framework. Its core mission is to help decentralized apps and protocols strip off the centralized parts of their stack, achieving a fully decentralized architecture. Aleph.im can be compared to a decentralized AWS or Firebase. It is focused on supercharging the DeFi ecosystem.

Aleph.im is a decentralized cloud computing platform designed to provide on-demand serverless computation as well as database and storage infrastructure for decentralized application (dApp) and protocol development. It leverages blockchain-related technologies to create efficiencies in web3 cloud computing, decentralized databases, and storage networks. Aleph’s primary objective is to offer scalable, interoperable cross-chain computing in a decentralized manner.

How can I mine tokens?

Aleph.im does not have a traditional mining process like Bitcoin or Ethereum. Instead, node operators and stakers receive rewards for contributing to the aleph.im network and its ecosystem. To become a compute resource node, participants need to stake ALEPH tokens, which serve as a form of collateral to ensure that the node operators remain honest and provide reliable services. Node operators are rewarded with ALEPH tokens for their contribution to the network.

How can I use the network?

Users can store files on the aleph.im network using STORE messages. By publishing a STORE message, users can store a file in the native aleph.im storage system or pin an IPFS CID on the aleph.im network. Aleph.im also allows developers to build decentralized applications (dApps) that leverage the power of aleph.im.

Who governs this network?

Aleph.im is governed by a diverse set of participants, including individuals, organizations, and developers. These participants operate the Core Channel Nodes, which are the fundamental building blocks of the aleph.im decentralized network. To become a compute resource node, participants need to stake ALEPH tokens.

Funding

Aleph.im has received funding from various sources. In January 2022, Aleph.im completed a $10 million funding round led by Stratos Technologies. Other contributors included Zeeprime, NOIA Capital, Theia, Bitfwd Capital, Token Ventures, and Seven Capital.