The state of Distributed Ledger Technologies (DLTs) is slowly moving towards permissioned and leader-based environments, where a small number of individuals are in control of the network.
This centralization creates a liability and a single point of failure.
We believe that only an open culture, scientific approach, and a constant flow of ideas can guarantee progression.
It is time to build a new, post-blockchain protocol that adheres to these principles and establishes a new standard for Distributed Ledger Technologies.
And this is the effort that we are willing to take.
The Aleph Zero Foundation’s purpose is promoting and developing new technologies and applications, especially in the fields of open and decentralized software architectures.
The Foundation recognizes that there is a need for transparency, trust, and real-world applications of the DLT innovations.