1. Aleo’s community, activities, and ecology in 2023
The Rise of Aleo Developers
Among them, Aleo held its largest event to date at Devconnect in Istanbul in November! From data performance: 8,900 attendees to 635 Github submissions to 500+ workshop completions to 28 zkHackathon projects.
2. Provides more options for Builder.
Generate zero-knowledge proofs for maximum privacy, or leverage providers for convenience. Innovation requires flexibility.
And unlike other chains, Aleo provides the flexibility to prove yourself to maximize privacy, or delegate proofs for convenience. Control over proof generation unlocks the best configuration for your specific privacy needs. Building the Internet of the future on Aleo. Start at http://developeraleo.org.
3. Applications built on Aleo = more privacy + lower costs
Aleo 独特地使 ZK 可供开发人员使用。一个直观的堆栈，用于构建私有 dapp，无需遇到常见的区块链问题。其架构使得ZK应用程序更便宜、更快。
4. Provide developers with the tools they need to build highly secure, scalable private dapps designed from the ground up for native L1 privacy, scalability, and programmability.
No need for piecemeal solutions, Aleo is designed to make private dapps a reality.
5. Built for privacy. Scale like a rollup.
Aleo在链下完成繁重的工作，实现完全的L1可扩展性与应得的隐私保护。
Aleo is the first public chain to utilize zero-knowledge proofs to protect privacy and ensure programmability. Specifically, Aleo uses zero-knowledge proof to protect user privacy, including hiding interaction details such as participants, amounts, and smart contracts. At the same time, users also have the option to opt out of privacy mode, ensuring that final control belongs to the user and they can choose what information they want to make public or hidden. In addition, by using zero-knowledge cryptography, Aleo also moves the execution of smart contracts off-chain, supports various Dapps, and guarantees its scalability (thousands of transactions per second).
Compared with other public chains, Aleo is unique in its strong privacy protection and on-chain scalability. Currently, smart contracts have two major limitations on the blockchain: one is a completely open and transparent design, which makes it impossible to protect privacy; the other is that it cannot scale to millions or even billions of users and cannot support large-scale Real-time online applications, such as real-time online games or activities with hundreds of millions of users.
In order to solve these problems, the Aleo network uses zero-knowledge proof encryption technology to not only achieve privacy protection, but also be able to handle massive data and achieve scalability. This not only solves the current problem of Internet data leakage, but also makes up for the lack of openness and transparency of blockchain data information. Aleo is capable of processing massive amounts of data in real time and provides rich scalability that is comparable to current Internet platforms. This is a major competitive advantage of the Aleo project in the market.
2. Aleo’s core values
By design, they are completely open and transparent, which excludes any possibility of privacy. At the same time, due to the nature of blockchain technology, they cannot scale to millions, let alone billions, of users. This means that they cannot support hundreds of millions of online real-time games or activities. This is because blockchain transactions need to be transparent so that every node can verify their accuracy. However, Aleo uses zero-knowledge proof cryptography technology to successfully solve the current problems of public chains in protecting privacy and supporting the processing of massive data.
Privacy, a crucial feature, is important beyond protecting users' personal information. It fundamentally broadens the possibilities of blockchain technology. It not only takes users' data back from the hands of large companies and platforms and returns it to the users themselves, but also ensures that users' privacy rights are respected and protected. At the same time, the privacy function also supports real-time online collaboration among hundreds of millions of users. This is the inherent advantage of the Aleo network and its core value. This feature not only makes up for the shortcomings of current blockchain technology, but also makes it comparable to the current Web2 platform.
3. Investment institutions
4. Team situation
The Aleo team brings together many top talents from global technology giants such as Google, Amazon, and Facebook, as well as world-renowned research universities such as California Berkeley, Johns Hopkins University, New York University, and Cornell University. Team members include world-class cryptographers, engineers, designers, and operations experts who work together to develop and promote Aleo.
In the picture, we see Aleo’s initial team members. Today, Alex Pruden has been promoted to Aleo’s CEO, and Howard Wu serves as chief technology officer and is also one of the co-founders. The reason why they joined or founded Aleo stems from the story and sense of mission behind them. An in-depth understanding of them will help us better understand the original intention and grand vision of Aleo as a new Internet tool or application.
The Aleo team is undoubtedly a strong team, and the academic backgrounds of its members are all amazing. Take Howard Wu as an example. He has profound knowledge in the field of zero-knowledge proof cryptography and can be called a veteran in this field. His research results have also attracted global attention. Naturally, such an excellent team cannot escape the attention of top investment institutions. This seems to have become an inevitable trend.