Alephium: Journey from Zero to Infinity

In this presentation titled “Alephium: from Zero to Infinity,” Cheng Wang, core-contributor & founder at Alephium, shares his recollection of the technical journey of the Alephium blockchain & where it’s going.

This presentation took place at Alephium’s first Builders Meetup in Athens, June 21st-23rd. Find more info about the program here:   / all-the-athens-meetup-presentations  

Cheng Wang - https://x.com/wachmc
Presentation - https://drive.google.com/file/d/1-MFg...

Key Points Covered:

1 - Origins of Alephium:

Addressing the blockchain trilemma of scalability, security, and decentralization.
Introduction of BlockFlow technology, an elegant sharding solution based on Bitcoin’s PoW and UTXO model, enabling efficient cross-shard transactions.

2 - DeFi Era and Innovations:

Rapid growth and challenges in the DeFi space, including security risks and scalability issues.
Alephium’s stateful UTXO model, combining UTXO security with account model programmability to prevent reentrancy attacks and concurrency issues.

3 - Technical Advancements:

Introduction of Alphred VM for efficient transaction execution.
Ralph programming language designed for ease of use and security, featuring built-in checks and annotations.

4 - Recent Developments:

Overview of major upgrades such as the Leman and Rhone updates, which brought features like block time reduction, gasless transactions, and enhanced support for Proof of Less Work (PoLW).

5 - Future Vision:

Focus on improving user and developer experiences through better tools, resources, and community support.
Plans for further scalability, security enhancements, and decentralization efforts.

Keywords: #Alephium #BlockFlow #Sharding #AlphredVM #Ralph #Blockchain #Decentralization #DeFi #SmartContract #Solidity #PoW #UTXO.

Other links:
Alephium - https://x.com/alephium
Website - https://alephium.org
Discord - https://alephium.org/discord
Telegram - https://t.me/alephiumgroup