December 08, 2021 - 2 min read
Aleph Zero is a peer-reviewed, public blockchain that prioritizes privacy, scalability, and developer convenience through an integration with the Substrate stack. As one of the first decentralized Directed Acyclic Graph (DAG)-based layer 1, its consensus protocol can process up to 89,600 transactions per second (TPS) with a 416 millisecond confirmation time. Aleph Zero uses an original proof-of-stake consensus mechanism that enables private smart contracts to be built with a novel ZK-SNARK and sMPC privacy framework that’s currently in development.
SupraOracles will supply fast, accurate, and secure oracle data feeds to projects building on Aleph Zero’s infrastructure, as well as for its decentralized exchange (DEX) and decentralized dark pool. The speed and accuracy of our oracle services ensure that users can reliably exchange information on Aleph Zero, as well as to trade on the upcoming Common DEX and decentralized dark pool without concerns over oracle manipulation and with minimized risks of slippage.
Antoni Zolciak, co-founder of Aleph Zero commented: “We’re building a high-performance, privacy-enhancing infrastructure layer that requires partners who develop a highly reliable oracle service. SupraOracles aims to bring a solution to slippage, fair market value of digital assets, and oracle manipulation—which we believe are absolutely necessary in the space.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented: “Aleph Zero is doing amazing things with its complex consensus architecture and incredible scalability. We are looking forward to integrating with this ecosystem as an oracle provider and ally in building scalable layer 1 technologies.”
SupraOracles strives to bridge the gap between traditional capital markets and the Web3.0 ecosystem. Our vision and driving mission is to empower the developer community with a novel oracle toolset so that they may conveniently create, deploy, and manage data applications with superior performance, robustness, and agility.
Our project is supported by seasoned professionals with experience in the architecture of consensus mechanisms, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, doctoral academia, big 4 consulting, blockchain/DLT, and DeFi.
Together with our developer community and growing list of partners, SupraOracles aims to solve the oracle dilemma and ultimately, power the future of finance.
Aleph Zero is a peer-reviewed consensus protocol based on a Directed Acyclic Graph (DAG) that’s scalable, private, and developer-friendly. The platform is built using Substrate to enable smart contracts.
It solves the shortcomings of the currently available distributed ledger technology platforms: speed, validation time, scalability, and security.
Aleph Zero combines an original consensus protocol with a privacy framework based on ZK-SNARKs and sMPC with the Substrate stack.
Sign up for the Supra newsletter for company news, industry insights, and more. You’ll also be the first to know when we come out of stealth mode.