Aleph Zero Price
(AZERO)
Aleph Zero Live Price Data
The live price of Aleph Zero is $0.4225, with a total trading volume of $ 532,896 in the last 24 hours. The price of Aleph Zero changed by -0.84% in the past day, and its USD value has decreased by -3.53% over the last week. With a circulating supply of 266,778,951 AZERO, the market cap of Aleph Zero is currently 113.67M USD, marking a --% increase today. Aleph Zero currently ranks #254 in market cap.
How do you feel about Aleph Zero today?
Note: This data is for reference only.Aleph Zero(AZERO) Profile
Website
Documentation
Explorer
Contract
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Audited By
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Code & Community
Investors
- Genblock Capital
- Titans Ventures
- ATH
- $3.09
- Price Change (1h)
- +0.47%
- Price Change (24h)
- -0.84%
- Price Change (7d)
- -3.53%
- Market Cap
- $113.67M
- 24h Volume
- $532,896
- Circulating Supply
- 266,778,951
- Max Supply
- --
About AZERO
How can I buy Aleph Zero (AZERO)?
Buying AZERO on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Aleph Zero (AZERO) for more information. What Is Aleph Zero (AZERO) Crypto?
Aleph Zero is a highly scalable, fast, and privacy-focused Layer-1 blockchain for developers and enterprises. It is built using the Substrate stack, an open-source technology kit developed by Parity Technologies that allows for the development of customizable blockchains.
The blockchain's architecture comprises two main components: a proof-of-stake consensus mechanism called AlephBFT and a Directed Auxiliary Graph (DAG) auxiliary structure. Aleph Zero's hybrid consensus protocol combines PoS and the intermediary data structure DAG, using the aBFT architecture in its consensus mechanism to deliver high security, decentralization, and low transaction fees.
The blockchain's unique features include high transaction throughput, scalability, and low transaction costs, which make it an ideal enterprise-grade blockchain that can support private transactions and smart contracts. The Aleph Zero Foundation is the organization responsible for the development and maintenance of the Aleph Zero blockchain.
AZERO is the Aleph Zero ecosystem’s base currency, with a total supply of 300 million coins and an annual inflation rate of 30 million. It is used for paying transaction fees, validator node staking, receiving discounts on fees for asset wrapping, and bridging on Liminal and DEX swap fees. It also functions as collateral for wrapping assets on Liminal and allows its holders to participate in the network’s decentralized governance mechanism.
How Does Aleph Zero Work?
Aleph Zero aims to bridge the gap between scalability, security, developer friendliness, and cost of use while providing a native privacy stack to enable users to build solutions that balance transparency and privacy. It employs various technologies to ensure its security and scalability.
Aleph Zero is a layer-1 public blockchain that combines Proof-of-Stake (PoS) consensus with a Directed Acyclic Graph (DAG) structure, offering a scalable and secure platform with high transaction throughput and low fees. Aleph Zero’s DAG structure stores transactions and links them to other transactions, enabling increased scalability and parallel processing of transactions.
It employs a custom-built PoS mechanism called AlephBFT, which ensures unprecedented levels of decentralization and security.
The network can tolerate up to 33% of malicious committee members without affecting the validation process, thanks to its asynchronicity, which does not rely on timing assumptions. Additionally, Aleph Zero uses zero-knowledge proofs (ZKPs) and secure multi-party computation (sMPC) to ensure the security and privacy of user data, which can help regain control over the personas created online.
History of Aleph Zero and AZERO Token
The founders of Aleph Zero are Adam Gagol, Antoni Zolciak, Birk Hintze Thisted, Matthew Niemerg, and Michal Swietek. The company was founded in 2018 and is based in Zug, Switzerland. After a successful fundraising process, Aleph Zero launched its mainnet on November 10, 2021.
Phase 1 of the project focused on developing the peer-reviewed consensus protocol and implementing the Proof of Concept Golang. Phase 2’s milestones included benchmarking the Golang consensus, implementing the Threshold ECDSA PoC, and commencing research on Liminal-ZK and Liminal-MPC.
In the third phase, Aleph Zero’s developers rolled out native coin transfers, Polkadot.js integration, Rust implementation of AlephBFT, and validator rotation. As of May 2023, the blockchain development is in Phases 4 and 5.
Phase 4 is focused on features such as account explorer, validator elections, basic smart contract capabilities, nomination pools, and integrating hardware wallets into the network. Phase 5 will offer a basic node update mechanism, smart contract templates, integration with MetaMask Snap, and a validator dashboard.
Aleph Zero (AZERO) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $-0.0044 | -1.03% |
7 Days | $-0.0155 | -3.54% |
30 Days | $0.0999 | 30.98% |
3 Months | $0.0314 | 8.05% |
24H Investment Barometer
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Aleph Zero Conversion Rate
FAQ
How much is 1 Aleph Zero (AZERO) worth?
KuCoin provides real-time USD price updates for Aleph Zero (AZERO). Aleph Zero price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time AZERO to USD exchange rates. Is Aleph Zero (AZERO) a Good Investment?
Aleph Zero could be a good crypto asset, especially if you are interested in crypto projects with mainstream potential. The blockchain network is designed for enterprise use, making it an interesting project driving mainstream adoption of emerging technologies and trends, such as blockchain, DeFi, and web3.
The increased interest in web3 technologies and applications could also spur investor interest in Aleph Zero, supporting the AZERO price. The value of Aleph Zero crypto could increase as more developers build and deploy dApps in its ecosystem.
Additionally, positive market sentiment toward digital assets could power an uptrend in the AZERO to USD price. In such times, there is higher buying activity in the market, and the demand for tokens such as AZERO rises, boosting the AZERO price statistics.
What Is Aleph Zero Price Prediction?
Owing to the highly volatile nature of the crypto market, it is impossible to provide an accurate ZERO price prediction over any duration. However, the price of the Aleph Zero (AZERO) token is affected by various factors, which can be monitored to understand the price action better.
The cryptocurrency market is highly sensitive to news and events, and any negative news can cause the Aleph Zero price to decline. Adopting Aleph Zero’s ecosystem is also crucial to AZERO crypto’s value.
Additionally, the future price of AZERO can be influenced by factors such as the project's growth trajectory, the overall cryptocurrency market trends, and other macroeconomic and geopolitical factors. Positive market sentiment toward cryptocurrencies also boosts the AZERO price statistics by encouraging buying activity in the crypto market.
How to Use AZERO Token
$AZERO is the native token of the Aleph Zero blockchain and has the following functions:
Native Currency
AZERO is used to pay transaction fees when using the Aleph Zero network. It also provides a basic unit of account between the various subnetworks created on the platform.
Staking
AZERO tokens can be staked by validators participating in the consensus mechanism to secure the Aleph Zero network. Stakers also earn rewards in $AZERO for their contributions towards block production and securing the network.
Discounts
AEZRO holders enjoy discounted fees for wrapping and bridging crypto assets using Liminal. They also receive discounts on DEX swap fees within the Aleph Zero ecosystem.
Collateral
Liminal also requires users to provide AZERO tokens as collateral when using its service for wrapping assets. AEZRO is held as collateral on the platform when wrapping crypto assets for cross-chain use.
Governance
AZERO also serves as the governance token of the Aleph Pay blockchain. Token holders can enjoy voting rights and shape the future evolution of the network.
Crypto Asset to Trade and HODL
Exchange Aleph Zero tokens with other digital currencies or maintain a long-term position if you have confidence in the network's prospects. You can conveniently buy or sell AZERO/USDT on the KuCoin Spot Market. Remember to DYOR before making any investment decisions to minimize your risk exposure.
How to Stake AZERO on Aleph Zero
There are three ways to stake AZERO on Aleph Zero to earn rewards and grow your crypto portfolio:
Validator
You can stake AZERO as a validator to help verify transactions and create new blocks, earning rewards. You need to apply to become a validator and undergo a verification process to generate rewards via network inflation if you opt for this method of staking AZERO.
Direct Nomination
The direct nomination requires you to bond and stake your AZERO tokens to safeguard the network. You need to have a minimal stake of 2000 AZERO, and you can stake them directly from your stash account.
Nominator
You can also join an existing staking pool through pooled nomination. By joining a staking pool, you can stake as little as 10 AZERO, and the pool operator makes the validator choice.
Staking $AZERO on Aleph Zero involves temporarily locking your AZERO tokens. Validators and nominators are rewarded proportionally to their stake, and the rewards are added to their stash accounts.
Who Are Aleph Zero’s Investors?
Investors in Aleph Zero include Jun Capital, Genblock Capital, Supernova, PetRock Capital, and RR² Capital. Individual investors include Gordon Cheung, Joeri van Geelen, and Michael Guzik.
In addition, Aleph Pay has partnered with Kudelski Security, Diamond Atlas, Skynet Trading, and SupraOracles. Other project supporters include NxGen, BlackDragon, Necker Ventures, and Cardinal Cryptography.
What is the all-time high price of Aleph Zero (AZERO)?
The all-time high price of Aleph Zero (AZERO) is $3.0900. The current price of AZERO is down 86.32% from its all-time high.
What is the all-time low price of Aleph Zero (AZERO)?
The all-time low price of Aleph Zero (AZERO) is $0.2685. The current price of AZERO is up 57.45% from its all-time low.
How much Aleph Zero (AZERO) is there in circulation?
As of 12 22, 2024, there is currently 266,778,951 AZERO in circulation. AZERO has a maximum supply of --.
What is the market cap of Aleph Zero (AZERO)?
The current market cap of AZERO is $113.67M. It is calculated by multiplying the current supply of AZERO by its real-time market price of $113.67M.
How do I store Aleph Zero (AZERO)?
You can securely store your Aleph Zero in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your AZERO include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Wise Monkey (MONKY) to cash?
You can instantly exchange your Wise Monkey (MONKY) for cash using KuCoin's Fast Trade feature. This feature enables you to convert MONKY to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.