Sep 24, 2020 at 19:50 UTCUpdated Sep 24, 2020 at 19:52 UTC.Privacy tech company Aleo has launched a data privacy-oriented blockchain and developer kit to make writing zero-knowledge proofs in web applications easy and scalable.
Aleo leverages zero-knowledge proofs, a cryptographic technique that allows two parties on the internet, such as an app and a user, to verify information with each other without sharing the underlying data related to this information.
The Aleo Package Manager is focused on letting developers manage and store data packages.
Integrated with Aleo Studio, the package manager makes it easier for developers to organize and share their work.
SnarkOS is Aleo's decentralized operating system for private web applications and the first implementation of the Aleo protocol.
As users interact with the web, they're making transactions such as payments, inputting their data, or interacting with games through applications, all of which involve state transitions, or the ways that data moves throughout the internet.
Private app integrations with Aleo can address all of these phases, meaning the data privacy functionality isn't negated at any one point.
The last part of Aleo's developer kit is the "Aleo Testnet I," a testnet on snarkOS that allows developers to write and deploy applications.
Developers must build programs on the Aleo blockchain to use the kit, as Aleo is the foundation for everything else developers want to build and integrate with.
"Our goal isn't to disrupt the web, it's to integrate with it." said Wu. "Aleo will host infrastructure and services to make it easy for web applications to use Aleo.".
Tech Startup Aelo Wants to Make Internet Data Privacy Easier
Publicado en Sep 24, 2020
by Coindesk | Publicado en Coinage
Coinage
Noticias recientes
Ver todo
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.