What is Alephium Coin?

Lilly Wilson - Jul 20 - - Dev Community

Alephium, unlike regular blockchains which rely on only one consensus process, is a mixed paradigm. It combines Proof-of-Work for security with Directed-Acyclic-Graphs (DAGs), for scalability.

By addressing the weaknesses of existing blockchains, this robust combination aims to create a more flexible environment for decentralized applications.

Alephium is able to handle multiple transactions simultaneously by dividing the blockchain. This is important when there are more blockchain transactions or apps. Alephium, as a result, is a platform which attracts developers that wish to create DApps (decentralized apps) without having to worry about expensive transaction fees and network interference.

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