Genfinity is excited to recap Aleph Zero’s recent ecosystem updates that empower developers and users alike. These updates address key areas like interoperability, security, and user experience, paving the way for a more robust and thriving blockchain environment. Discover the latest exciting developments from Aleph Zero over the past two weeks! Dive in for all the details!
Aleph Zero + Techstars partnership
Aleph Zero has recently forged an exciting partnership with Techstars, recognized as the most active pre-seed investor globally, as an Innovation Member for the esteemed Techstars Web3 Accelerator’s class of 2024. This collaboration underscores Aleph Zero’s dedication to fostering innovation within the Web3 space, empowering entrepreneurs who are spearheading the decentralized internet and tokenized economies. Through this initiative, 12 selected startups will receive up to $120,000 in funding and gain access to Techstars’ extensive global network of mentors, investors, alumni, and corporate partners. Aleph Zero will further complement this support with commercial and technical assistance, contributing to the growth and success of the participating startups.
Antoni Zolciak, Co-Founder of Aleph Zero, expressed enthusiasm about the collaboration, highlighting the opportunity to leverage Techstars’ proven acceleration practices while assisting founders in their journey of building groundbreaking companies.
“As we continue to build and support the Web3 ecosystem, we’re excited to be collaborating with Aleph Zero in fostering the next generation of blockchain innovation,” remarked Pete Townsend, Managing Director at Techstars Web3.
Techstars’ renowned accelerator programs, which have nurtured numerous successful companies, including several valued at over $1 billion USD, align seamlessly with Aleph Zero’s mission to empower founders and catalyze transformative advancements in technology. This collaboration signifies a shared vision to drive forward the evolution of the internet and underscores the collective commitment to nurturing innovation and entrepreneurship in the digital age.
idOS
idOS, an identity layer of Web3, is making progress on the Aleph Zero chain. ZK-ID solutions are being incorporated into Aleph Zero, poised to elevate Common when fully implemented.
idOS is developing an open-source, composable, and chain-agnostic solution for decentralized identity across Web3, featuring a global user pool with cross-chain interoperability. It supports multi-standard identity frameworks like W3C Verifiable Credentials, ensuring user consented agreements without intermediaries. With features such as revocations, time-locked access grants, encryption, and constant data availability through a distributed storage network, idOS promises a secure and robust decentralized identity solution.
Aleph Zero Snaps — Now Live on MetaMask
On March 4, Aleph Zero Snaps became live on MetaMask! MetaMask Snaps, an open-source platform, empowers you to augment MetaMask capabilities by crafting personalized Web3 encounters. You can effortlessly create and oversee your Aleph Zero accounts and seamlessly integrate MetaMask with the azero.dev wallet for asset administration. You can also engage with Aleph Zero dApps and directly authorize or decline actions within MetaMask.
How can I integrate the Snap?
Simply navigate the MetaMask Snaps Directory, install the Aleph Zero Snap, and follow easy steps to fully integrate your MetaMask wallet. This step will give you agency over your account management, asset handling, and dApp interaction. It will also allow you to direct action approvals or rejections within the MetaMask platform.
Bitfinex exchange listing
Bitfinex revealed the upcoming listing of the Aleph Zero (AZERO) token, with deposits of AZERO (Mainnet) being initiated at 1:30 PM UTC on May 5, 2024! Trading for AZERO is scheduled to kick off around 1:30 PM UTC on July 2, 2024, offering pairs with US Dollars (AZERO/USD) and Tether tokens (AZERO/USDt). Withdrawals are anticipated to be accessible from approximately 1:30 PM UTC on August 3, 2024.
Furthermore, Bitfinex wrote an introductory article on Aleph Zero! You can read more on their blog.
Aleph Zero Ambassador program
As of March 6, Aleph Zero blockchain had over 1500 applications to its Ambassador program! The next application timeline opens up from June 3-7. Don’t miss it!
The ambassador program connects content creators, social media experts, and quality assurance testers to help define Aleph Zero’s voice and ensure product excellence. Ambassadors will forge relationships to enhance Aleph Zero’s visibility and adoption across diverse industries, participating in categories such as content creation, social media promotion, virtual meetups, and AMA sessions.
Spanning throughout 2024 in four cohorts, the program evaluates quarterly submissions, and accepted Ambassadors remain onboarded as new ones join. The application process includes a one-week review and subsequent onboarding. Notably, you may get rewards like swag, exclusive access, and AZERO coins based on performance, distributed at the end of each monthly challenge through the Zealy leaderboard.
Aleph Zero + Stablecoin Standard announce partnership
In collaboration with Stablecoin Standard, the leading industry body for stablecoin issuers. Aleph Zero is establishing partnerships globally that enable 17 currencies such as CAD, CHF, EUR, GBP, HKD, JPY, and USD. This strategic alliance, announced on March 7, aims to unlock various new applications on the Aleph Zero platform. These new applications include: on-chain commerce, instantaneous international remittance, expanded access to on-ramp and settlement solutions in domestic currencies, and on-chain foreign exchange capabilities.
This collaboration not only prioritizes privacy but also ensures legal compliance, offering a platform for private, censorship-resistant transactions ideal for e-commerce and payments. Notably, as privacy becomes a fundamental expectation for consumers, Aleph Zero’s innovative approach combines speed, compliance, and programmable privacy to unlock the true potential of commerce on-chain.
Learn & Earn campaign — powered by CoinGecko
CoinGecko is empowering a Learn & Earn campaign through CoinGecko. You can watch a video, learn more about the ecosystem, and take a quiz to have a chance at winning 5000 AZERO coins! The raffle will select 1,000 winners, so good luck!
Coming soon – MOST testnet release
The MOST Testnet release, a crucial bridge between Aleph Zero and Ethereum, is nearing completion, with significant milestones expected in the next two weeks. Final stages include internal audit finalization, Guardian onboarding, and Testnet release. You can catch up on the full roadmap here.
An external audit for MOST, scheduled to begin on March 19 alongside the Testnet release, aims to provide thorough and impartial scrutiny of the bridge’s security, efficiency, and compliance with industry standards. A code freeze precedes the audit, halting updates to address findings promptly. The Mainnet release of MOST depends significantly on the audit outcome, with any major issues potentially requiring rescheduling. Stable and secure operation on the Testnets will be monitored for approximately two to three weeks before the final launch, ensuring readiness for deployment.
Aleph Zero ecosystem update – 3.13.24
Core Chain: Significant progress has been made with the release of Testnet 13.0 Zahir, featuring highly anticipated pruning capabilities, followed by a hotfix with version 13.1 to address identified bugs. Efforts are ongoing to enhance the performance of AlephBFT and to refine documentation and user experience surrounding pruning. This progress demonstrates a commitment to improving the core functionalities of the chain.
Common: The milestones include the deployment of Common AMM version 0.5.2 to the Testnet and the implementation of an Architecture Design Record (ADR) for a “Smart Router,” facilitating multi-step swap paths between tokens lacking direct pairs. Additionally, frontend development for farming pools and customization features, along with the creation of an indexer for Common AMM, are nearing completion, alongside the design of a token whitelist for the initial release.
MOST: There was ongoing frontend development and the implementation of basic automated end-to-end tests for the backend. Additonally, there were improvements in error handling for relayers and added support for bridging native ETH. There are efforts are underway to finalize fixes proposed during the internal audit phase.
Privacy enhancements: Work is being finalized on the on-chain verifier, which promises rapid verification of ZK-proofs, and on the core design of the shielder. These improvements emphasize the ecosystem’s dedication to bolstering privacy features for you.
Aleph Zero is a layer 1 blockchain platform designed to address some of the key challenges faced by traditional blockchains. Here’s a summary of what it does:
- Provides a foundation for building decentralized applications (dApps): Developers can build secure, scalable, and privacy-preserving dApps on the Aleph Zero platform. This could include applications in finance, gaming, and enterprise.
- Offers fast and secure transactions: Aleph Zero utilizes a novel consensus protocol called AlephBFT, which aims to achieve instant finality for transactions. This means that transactions are confirmed and irreversible immediately, unlike some other blockchains that require waiting for several blocks to be added.
- Focuses on privacy: Aleph Zero is integrating a privacy layer called Liminal, which leverages zero-knowledge proofs and secure multi-party computation. This allows you to conduct transactions and interact with dApps without revealing sensitive information.
- Aims to be scalable: The platform is designed to handle a large number of users and transactions efficiently. This is crucial for real-world adoption of blockchain technology.
Aleph Zero is building the next generation of decentralized applications. It addresses the scalability, security, and privacy concerns that have limited the widespread adoption of blockchain technology in the past.
These developments signify a significant stride towards a stronger and more vibrant blockchain environment, empowering both developers and users alike.
Stay informed with the latest exciting progress from Aleph Zero by staying tuned to the Genfinity website!
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