Alephium ALPHPrice $ 0.306

Alephium is the first live layer 1 sharded blockchain scaling and improving on Bitcoin core technologies, Proof of Work, and UTXO. It delivers a highly performant, secure DeFi & dApps platform with enhanced energy efficiency. Alephium is built on the BlockFlow algorithm which delivers efficient and practical UTXO sharding. Inspired by distributed computing models, it combines DAG (Directed Acyclic Graph) and sharding. Being much more lightweight than other sharding methods, BlockFlow also natively supports single-step cross-shard transactions, making the Alephium UX as smooth as any single chain platform.

Alephium's smart contracts have been designed and implemented to be scalable, functional, practical with a focus on security and reduced state usage. Its stateful UTXO model combines the advantages of the UTXO model and the account model.