The Aleph Zero ecosystem is buzzing with activity! The last two weeks bring a whirlwind of news, including a smoother staking and validating experience with AZERO.ID, a significant fee reduction on the Aleph Zero network, and the MOST audit update. Let’s dive into the details and explore what this all means for the future of Aleph Zero!
Deutsche Telekom Podcast
Did you listen to our recent Genfinity podcast featuring Aleph Zero discussing the Deutsche Telekom partnership? In case you missed it, here are a few key takeaways:
- Deutsche Telekom validates Aleph Zero: Their participation as a validator on Aleph Zero’s network strengthens its security, governance, and decentralization. This move also highlights the growing interest of established organizations in blockchain technology.
- Focus on Performance and Privacy: Aleph Zero prioritizes both aspects, similar to companies like Apple. They believe privacy enhances user experience and security.
- Bridging the Gap Between Web2 and Web3: The discussion touched upon integrating blockchain technology seamlessly into existing user interfaces, ensuring a smooth transition from Web2 to Web3.
- Regulatory Compliance with Privacy Tech: Aleph Zero emphasizes the importance of complying with KYC/AML regulations when developing privacy-enhancing technologies.
This partnership between a cutting-edge blockchain platform and a telecom giant paves the way for wider Web3 adoption. By focusing on performance, privacy, and regulatory compliance, Aleph Zero and Deutsche Telekom are well-positioned to shape the future of the digital landscape.
You can also find a related article that provides more in-depth coverage of the podcast below.
AZERO.ID
Are you staking or validating on AZERO? Great news! As of March 19, staking and validation on Aleph Zero just got a whole lot smoother! Their integration with AZERO.ID is live, allowing validators to personalize their profiles with bios, descriptions, avatars, and custom links. This, along with short, secure profile links, makes referencing validators a breeze.
AZERO.ID is poised to revolutionize the crypto landscape! This innovative solution empowers you to embark on your crypto journey with a secure and versatile domain. Imagine a one-stop solution that safeguards your transactions, grants you a personalized website, and allows you to effortlessly showcase your credentials and social media profiles. But that’s not all! This service also boasts complete user ownership of NFTs and the implementation of trustless subdomains. This grants you unparalleled control over your online presence and ventures.
AZERO.ID + Talisman Partnership
Cryptocurrency transactions on Aleph Zero just got simpler and smoother! On March 18, the ecosystem announced that they had partnered with Talisman wallet! This partnership allows you to seamlessly send and receive funds using your .azero domain directly within the Talisman browser extension. No more complicated wallet addresses – just type in the recipient’s domain and Talisman handles the rest. This integration makes sending and receiving cryptocurrency on Aleph Zero as easy and secure as possible, paving the way for domain-based transactions to become the norm.
Network update – cheaper fees
Aleph Zero just got even more affordable! Their latest Testnet Zahir update reduces transaction fees by a staggering 10x, paving the way for high-frequency activities on the network. This major move prepares the ecosystem for large-scale adoption!
Slashing the transaction fees by a whopping 10x, making the network even more attractive for high-frequency trading, DeFi applications, and enterprise use cases. You don’t worry about spam though, as Aleph Zero’s dynamic fee system still adapts based on network usage. This update, along with a bug fix, positions Aleph Zero for a bright future, and you can read more about this update here.
Solang: Compile & Deploy Solidity Contracts on Aleph Zero!
The Aleph Zero blog released an article regarding their new tool, Solang, which allows developers familiar with Solidity, the most popular smart contract language, to build applications on the Aleph Zero blockchain. The Aleph Zero ecosystem has its own language (ink!), but Solang can translate Solidity code into a format that works on Aleph Zero.
The article provides a step-by-step guide for developers on installing Solang, writing and compiling basic Solidity contracts, and even integrating popular libraries like OpenZeppelin. This opens up Aleph Zero to a wider range of developers, and attracting developers is a top priority for every blockchain ecosystem.
Aleph Zero is sponsoring Paris Blockchain Week
Don’t miss Aleph Zero at Paris Blockchain Week! As an official sponsor, they’ll have a booth in the Main Hall with a special 25% discount code (MOCS25) on tickets.
Plus, co-founder Antoni Zolciak brings his expertise to the “Blockchain as a Service (BaaS): Fueling Innovation in Enterprise Solutions” panel on April 9 at 10:40 AM CET at Le Carrousel du Louvre (April 9-11, 2024).
The excitement also continues with Aleph Zero hosting their own official event – the Aleph Zero Petite Summit! Dive deeper into their ecosystem alongside partners like Common, Kintsu, Abax Finance, Archblock, and Upcade on April 10. Expect insightful panels, ecosystem updates, networking opportunities, and more! Join them at 66, Quay d’Austerlitz 75013 Paris from 4:00-9:00 PM. You can register for the Aleph Zero Petite Summit here: https://lu.ma/petitsummit.
MOST audit in progress
The MOST Testnet release, a crucial bridge between Aleph Zero and Ethereum, is nearing completion. An external audit for MOST began around March 19 alongside the Testnet release, and this audit by Hats Finance aims to provide thorough and impartial scrutiny of the bridge’s security, efficiency, and compliance with industry standards.
Notably, the Mainnet release of MOST depends significantly on the audit outcome. To strengthen security, the audit meticulously examines both the bridge code and the relayer, a critical component responsible for relaying transactions between the blockchains. This comprehensive approach aims to identify and address any potential vulnerabilities. Furthermore, the audit identified has currently found over 60 issues, fortunately, none of which were classified as critical. This initial assessment is a positive sign.
Other developments
In addition to the above, here are some other noteworthy updates:
- The Aleph Zero ecosystem recently joined us on a cross-chain podcast to discuss Panjea, a social media network built on Aleph Zero. Tune in for more details!
- Aleph Zero will be attending the TOKEN2049 event in Dubai on April 18-19. The event will showcase over 300 speakers and 400 events.
- Upcade.xyz just launched a new FPS game where you can compete and win AZERO!
- Launching on April 2, the Abax Ambassador Program empowers community members to become advocates for the project. Built on Aleph Zero, Abax is a lending protocol designed to innovate in security and offer competitive interest rates. Dive deeper into the program’s rules, incentives, and application process here.
These advancements mark a significant step towards a more robust and dynamic blockchain ecosystem. Keep up-to-date on Aleph Zero’s latest developments by following the Genfinity website!
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