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BCH $449.59 +2.20%
LINK $9.52 +2.79%
HYPE $43.56 -2.47%
AAVE $117.16 +10.35%
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ZEC $332.39 -3.29%

The Aleo mainnet will launch in a few weeks, introducing core blockchain-level privacy technology

2024-01-26 08:27:32
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ChainCatcher news, according to official sources, the Aleo mainnet will launch in a few weeks, introducing core blockchain-level privacy technology. In response, Alex Pruden, Executive Director of the Aleo Foundation, stated: "We have just completed the third phase of testnet three and compiled a list of bugs we discovered during the process. We have aggregated all the bug lists from the six completed audits and two bug bounty programs." Once the final bugs are resolved, Aleo will prepare for the upcoming mainnet launch.

In addition, Pruden stated that the launch of Aleo aims to bring privacy to cryptocurrency, unlocking use cases around confidential payments (such as payroll) and identity solutions. To achieve this level of privacy, Aleo uses zero-knowledge proofs at the core blockchain level to support transactions and smart contract interactions that are private by default.

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