Alephium is a cryptocurrency represented by the symbol ALPH. It operates on a scalable Layer-1 blockchain.

How does Alephium work?

Alephium operates on a peer-to-peer network, allowing users to generate ALPH through mining and interact directly.

What are the technical characteristics of Alephium?

Alephium is public, fully open source, and decentralized, supporting the development of dApps and smart contracts.

What are the risks associated with transferring Alephium?

Users should verify the contract address and network before transferring assets, as digital asset prices can be volatile.

Where can I find official resources for Alephium?

Official resources for Alephium can be found on its website and GitHub repository.

Alephium (ALPH)

Rank #991

Market snapshot

Price: $0.068647
Market cap: $9.6M
24h volume: $93,016.22
Circulating supply: 140,329,984.7055
Total supply: 224,876,588.9037
Max supply: N/A

What is Alephium?

Alephium is a scalable Layer-1 blockchain that combines energy-efficient Proof-of-Work security with highly expressive smart contracts. Users are able to generate ALPH through the process of mining.

How Alephium works

Alephium operates on a peer-to-peer network, allowing users to interact directly without intermediaries. The network utilizes a shared public ledger to record transactions, which are confirmed through the mining process. Running an Alephium full node is crucial for the security and decentralization of the network.

Key information

Symbol: ALPH
CMC rank: #991
Network / platforms: BNB Chain, Ethereum
Categories: Mineable, Proof of work
Date added: Nov 20, 2021

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

BNB Chain
0x8683BA2F8b0f69b2105f26f488bADe1d3AB4dec8
Ethereum
0x590F820444fA3638e022776752c5eEF34E2F89A6

Key characteristics

Alephium is public, fully open source, and decentralized. It supports the development of decentralized applications (dApps) and smart contracts. CoinMarketCap categorizes Alephium under its DeFi, Ethereum ecosystem, mineable, proof-of-work, smart contracts, research, collectibles & NFTs, scaling, DAO, dApp, and wallet tags.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Alephium?: Alephium is a cryptocurrency represented by the symbol ALPH. It operates on a scalable Layer-1 blockchain.
How does Alephium work?: Alephium operates on a peer-to-peer network, allowing users to generate ALPH through mining and interact directly.
What are the technical characteristics of Alephium?: Alephium is public, fully open source, and decentralized, supporting the development of dApps and smart contracts.
What are the risks associated with transferring Alephium?: Users should verify the contract address and network before transferring assets, as digital asset prices can be volatile.
How can I verify Alephium before acquiring it?: Verify the asset name, network, and any supplied contract details before transferring.
Where can I find official resources for Alephium?: Official resources for Alephium can be found on its website and GitHub repository.

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