Tom

"Maybe @alephium has to tell why is it *the best* something catchy... because if you are just L1 with nothing impressive, who will invest but like i said - i just started to check it out. will know more later today." Another one... 🧵🖋️ Well, Alephium is an impressive L1. If you want to build a smart contract or dApp in terms of functional technology, you only have the choice of building on the account model and proof of stake. This has tradeoffs, and Alephium offers different trade-offs. Alephium has innovated on the core technology of Bitcoin to deliver a scalable, secure, and efficient smart contract platform. You have the safety of Bitcoin with UTXO and the programmability of Ethereum. It's also more decentralized than PoS through proof of work and miners. The transactions per second will be good with 10k TPS once the network is bigger, and with the new network upgrade, 32 seconds per block will make the user experience much better than now. I agree; it is not as fast as proof of stake, but therefore, you have a real decentralized platform without centralized validators. Also, Alephium’s APS eliminates EVM’s token approval risk, and maybe you know how much money gets lost with it every year. Maybe the tech is not easy to understand for new investors; maybe it's easier to understand Alephium with: 1. "Alephium is like Ethereum on Bitcoin with rapid TPS." 2. "Alephium is Bitcoin with Smart Contracts." 3. "If Bitcoin is digital gold, and Ethereum digital silver, then Alephium is digital Platinum." Why? because it has similarities. We have the strengths of Bitcoin and Ethereum, and like Alephium, Platinum has a wide variety of countless uses. It is in the 78th group in the periodic table. The mining rewards decrease over the first 4 years until a stable mining reward is achieved, and Alephium remains mineable for the remaining 78 years. Platinum has a high melting temperature (high hashrate necessary for proof of less work). Platinum was only discovered later. It has similarities with gold and silver (Bitcoin = Gold, Ethereum = Silver; UTXO + Account Model). It has a similar specific gravity to gold and was part of the search for gold and silver. The name platinum comes from Spanish and is derived from "plata" = silver. Is Alephium really just another Layer 1? Alephium offers true sharding on proof of work and is the first blockchain with single-step cross-shard transactions; you have 16 blockchains, but when you send a transaction, you don't have to choose a chain. Flash loans are not possible and tokens are first-class citizens, meaning they have the same security as $ALPH. What about the Trilemma? "Alephium is perfectly balanced on the blockchain trilemma." Founder @wachmc : Decentralization: I believe the cost to run a full node for block validation is critical for decentralization in the long term. Unlike most new high TPS chains, Alephium's full node can be run on consumer-grade computers. The network can scale to support more businesses and more devs without relying on centralized services like INFURA. Security: Consensus: Alephium's security model is the same as other PoW chains. It comes down to the PoW vs. PoS debate if we want to compare with the other new high TPS chains. Personally, I think that PoS has not yet been tested by time. DeFi security: stateful UTXO model + a new VM + a new DSL (Ralph) are proposed and implemented to resolve many of the dApp security issues. This is one of the most exciting parts for me. Scalability: Alephium has the first operational sharding algorithm with single-step cross-shard transactions. This is pretty advanced in the space, especially given that we don't sacrifice decentralization for performance. About Alephiums tokenomics. Did you know that... 100% transaction fees are burned. Today, that's about 15 ALPH per day with this small ecosystem, but still, 438,000 $ALPH are burned in the next 80 years if we use today's average burned transaction fees. If Alephium ever comes near to adoption or if it will be lucky to get a hashrate of 1 EH/s, then proof of less work kicks in, which means that it will turn to proof of burn, and miners will need to burn coins to mine new ones. So after 4 years of mainnet, about 27,000 $ALPH will be mined per day and much less with PoLW. It's far away from now, but you know that with this big hashrate, it's not very profitable to mine at a price of $1 per $ALPH. Whate else? For every smart contract, 1 ALPH needs to be locked until the SC data is cleaned. If the ecosystem is big enough, there will also be a lot of locked coins through smart contracts. Who knows if Alephium gets the adoption, but there is a chance that companies might use it in the future. What is also special? Well, it´s a small team but they do impressive work. fact. Isn´t it a beautiful mobile wallet?

👑NFT Giveaway 👑 ✅Follow: @its404ver ✅Retweet ✅Guess the $ALPH price Date: 06.04.2024 - 11 p.m. CET Good luck! Telegram: t.me/toptokenalph

$ALPH alpha accounts to follow: @zkitbeats @crypticbandito @floopledort @tombheads @DrewLTH @Ordanumnn @RvCrypto @CryptoTemplars Many more, probably many deserving of mentions even more than these, if you look through these accounts you’ll find them. All OG supporters.