Alephium

Alephium

Alephium is a Web3 platform designed to be easy to build on, safe to use, and ready for growth. It is a fast, scalable, and secure blockchain that utilizes a Proof-of-Less-Work consensus mechanism to reduce energy consumption. It combines the security of Bitcoin's UTXO model with the flexibility of Ethereum's smart contracts, offering a developer-friendly environment for building dApps and tokens.
Distributed

Description

Alephium is a blockchain platform designed to address the trade-offs of existing Web3 technologies. It features a unique sharding architecture called BlockFlow, enabling it to process over 20,000 transactions per second while maintaining a simple, single-chain user experience. Its consensus mechanism, Proof-of-Less-Work (PoLW), reduces energy consumption by over 87% compared to traditional Proof-of-Work, without sacrificing decentralization or security. For developers, Alephium offers a stateful UTXO model that merges the security of Bitcoin with the smart contract flexibility of Ethereum. The platform includes a purpose-built Virtual Machine, an intuitive SDK, and a high-performance programming language, all designed to provide a secure and developer-friendly environment with built-in protections against common vulnerabilities like reentrancy attacks and flash loan exploits.