Aleo - the first platform for developing private applications

in #blockchain3 years ago

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Developing private applications has always been an extremely difficult and expensive task - de facto every project has to start from scratch. However, the Aleo project breaks this paradigm. Aleo is the first full-fledged toolkit and infrastructure platform for creating private applications of any purpose and any complexity.

Aleo provides everything you need for efficient and convenient development and easy deployment of applications:

The Leo programming language is easy to learn and allows you to create blockchain applications with zero knowledge proofs even without having special knowledge in the field of cryptography.
Aleo Package Manager - package manager for the Leo programming language
Aleo Studio is a full-fledged integrated development environment (IDE) for creating private blockchain-based applications
Aleo Network is a blockchain that provides reliable and anonymous operation of applications that can be deployed in it in the shortest possible time and without the need to study cryptography.
Aleo Credits is the Aleo Network native token that powers the operation of the blockchain, miners' rewards and transactions fees are also paid in Aleo Credits.
Aleo Developer Docs is a documentation package containing everything you need to master the Leo programming language, create applications in the Aleo Studio environment and deploy them in the Aleo Network.
At the same time, the Aleo Network uses a unique Proof of Succinct Work consensus algorithm - basically, it is an improved version of the Proof of Work consensus algorithm, in which meaningless calculations of arbitrary hashes are replaced by the production of proof of knowledge. As a result, one algorithm provides not only the right to mine a block by a specific miner, but also confirms all transactions in the block.

In addition, unlike all other blockchains designed to host applications, in the Aleo Network all fees are predictable, constant and calculable. No "gas", no fee fluctuations when the network load changes - it is always known in advance how much it will cost for a program to operate in the Aleo blockchain.

Thus, thanks to Aleo, developers finally get the opportunity to quickly and cheaply create reliable private applications that will work in a high-performance blockchain and at the same time will be completely predictable financially. In fact, Aleo eliminates the main drawback of blockchain applications compared to their “classic” counterparts.

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