Name : Alephium (ALPH)

ALPH Price : $2.25 -2.73%

Consensus Mechanism : Proof of Work

Volume: 1,226,729

Market Cap: 175,403,693

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Last Screening: Q2 2024

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Overview

ALPH is the native asset of Alephium. Alephium is the world's first functional shared blockchain, introducing scalable Ethereum-inspired smart contracts and clean energy to Bitcoin's tried-and-true core technologies while maintaining superior speed. Alephium also prioritizes user-friendliness and functionality, making it an ideal platform for decentralized apps (dApps) and open protocols. The BlockFlow and (Proof-of-Less-Work) PoLW protocols drive Alephium. BlockFLow provides stateful UTXO sharding that is both efficient and reliable. PoLW employs a unique blend of physical effort and token economics to flexibly modify the work necessary to mine new blocks, resulting in a lower energy footprint than traditional Proof-of-Work (PoW) mining. It's also worth noting that Alephium has its own programming language, Ralph, and the Alphred Virtual Machine.

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