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What will be AleoHQ Mainnet's rank among Layer 1 blockchains by market cap by December 31, 2024?
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AleoHQ Launches Layer 1 Mainnet for Secure, Scalable Zero-Knowledge Applications
Sep 18, 2024, 03:10 PM
AleoHQ has officially launched its Mainnet, marking a significant milestone for the project and the broader blockchain community. The Mainnet offers a decentralized developer platform for building secure, scalable, and cost-effective decentralized applications. This launch is expected to enhance data privacy and security, aligning with the vision of zero-knowledge proofs (ZKPs) as a foundational technology for the new internet. Aleo's Mainnet aims to integrate decentralization, scalability, and security, providing a comprehensive zero-knowledge experience. The launch has been celebrated by various stakeholders, including Galaxy Ventures and Haun Ventures, who emphasize the importance of ZKPs in preserving data privacy and reshaping digital identities. Aleo is a Layer 1 blockchain, and the Mainnet can run on IoT devices. Additionally, the Aleo Name Service (ANS) will soon be launching.
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