Cheng Wang founded and developed Alephium in partnership with Flux Labs, Cetacean Capital and Cetacean Capital.

The first mention of the Alephium appeared in a white paper in 2019. Its first listing on an exchange took place in December 20,22.

Alephium, which is a scalable Blockchain platform, differs from other blockchains, such as Bitcoin and Ethereum, due to its unique architecture.

Alephium uses sharding in order to overcome the issues of energy consumption and scaling that are faced by many blockchains. Sharding is the technique of splitting a blockchain up into several separate pieces or "shards" that each operate independently, like mini-blockchains.

As a consequence, an increased volume of transactions on the blockchain can be achieved without compromising security or stability.

Alephium is able to handle more transactions simultaneously by splitting the blockchain up into shards. This is particularly important when the demand for blockchain apps or transactions increases.

Alephium is a platform which attracts developers that want to create decentralized applications (DApps), without worrying about network traffic or expensive transaction fees.