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Welcome to Alephium

What is Alephium? Alephium is a pioneer PoW L1 that scales security & programmability without sacrificing decentralization to expand the possibilities for tokens, smart contracts and dApps. Those properties, as well as a loyal and engaged community have produced a vibrant and quickly expanding ecosystem of DApps, services, tools & builders. Why is Alephium special?​ Alephium’s approach offers a balanced solution to the blockchain trilemma: strong security, good scalability and serious decentralization. Smart contracts & dApps security Alephium uses a novel stateful UTXO accounting model in combination with a new Virtual Machine (Alphred) and a programming language (Ralph) to eliminate most of the smart contract attack vectors (reentrancy attack, unlimited authorization, double dip issue, flash loan, etc.), creating a safer environment for developers and users alike. That means more resilient dApps, smart contracts, and tokens to build an Ecosystem and more security for our users when handling their assets. Scalability Alephium has built a sharding algorithm called BlockFlow that enables Alephium to natively support more than 10,000 TPS on layer1 while preserving a seamless “single-chain” user experience. There is no need to pay high gas fees to move your assets around and you don’t experience network congestion when in a hurry. Decentralization & energy consumption Alephium’s Proof of Less Work is a consensus mechanism that reduces energy consumption by over 87% compared to the “classic” Proof Of Work. Alephium’s blockchain is built with lightweightness in mind. Anyone can run a full node and verify on-chain data, embodying the principle of ‘Don’t trust, verify’. Putting all these innovations together, Alephium delivers a highly demanded solution in the industry: a scalable blockchain improving on mature ideas from Bitcoin and Ethereum to deliver reliable, powerful tools to build and secure DeFi and dApps. And we’re live! Links: Official website: https://alephium.org Docs: https://docs.alephium.org Github: https://github.com/alephium Twitter:   / alephium   Discord: https://alephium.org/Discord Telegram: https://t.me/alephiumgroup Medium:   / alephium   Whitepapers: https://github.com/alephium/white-paper Ecosystem: https://www.alph.land/