Cheng Wang (ℵ)
@wachmc
Followers
3,449
Following
1,072
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founder & core dev @Alephium / scale blockchain with sharding / proposed the first linear-time async Byzantine consensus algorithm
Alephium
Joined November 2009
Don't wanna be here?
Send us removal request.
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As the core devs have diligently worked on the Rhone upgrade, significant progress has been made.
Numerous new features have been added based on community feedback. Thank you for this!
Time for another thread 🧵
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Hi Ethereum. I am so happy to announce uniflash: a simple and decen. protocol for flash loan. Like
@uniswap
, all the fee goes to users. It supports Ether and ERC20 tokens.
It’s my first de-fi protocol, your feedbacks are important. Here is the link:
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The Rhone network upgrade has successfully been activated on
@alephium
!
After months of hard work, testing, and refinements, it’s now live on mainnet.
Huge thanks to our dedicated team and amazing community.
The future is bright for secure and scalable dApps on $ALPH with PoW.
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🚀Excited to share we've taken $ALPH's Rhone upgrade a step further with a massive boost in full node performance!
Historical block benchmarks show an 80+% increase in block execution speed, jumping from 1200 BPS to 2200 BPS.
Note: These results are from single-thread tests.
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2020 - testnet launch
2021 - mainnet launch
2022 - infrastructure year
2023 - application year
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GM!
Thrilled to announce that the Rhone upgrade release (2.14.0) for Testnet is officially out! 🚀🚀🚀
This is a major milestone for Alephium, bringing enhanced functionality, improved development and user experience, and stronger security.
More about Rhone upgrade and why
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And 16 seconds is not the endgame!
We've successfully tested block times as low as 4, 2, and even 1 second in a local test env.
In future upgrades, we plan to further reduce the block time following full node optimization.
However, we must carefully assess the overheads.
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That's why
@Alephium
implemented a storage renting mechanism from day one — a sustainable approach to manage the size of chain state and encourage users to recycle used state.
State bloating is a challenging issue. The EVM ecosystem has been grappling with it for years. It
~68% of Base chain state has been taken over by a single protocol of questionable utility
thanks to cheap fees + storage mispricing, a tiny number of users have monopolized the majority of network resources
this has implications for every cheap fee blockchain. some thoughts 👇
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1K
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Next Chapter: 1EH/s
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Exciting! The first Oracle on
@Alephium
is live! Unlocking new horizons for DeFi & dApps 🔃🔃🔃
🔥 DIA Oracles Now Available on
@alephium
We are delighted to announce our partnership with Alephium to make DIA’s suite of oracle products, including token price feeds and on-chain randomness available as a public good within the Alephium ecosystem.
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I agree, the foundation is solid, especially after the two successful network upgrades.
Moving forward, we will focus on refining the protocol, enhancing the infrastructure, and developing more user-friendly products.
@Alephium
will be well-prepared for mass adoption.
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Just implemented symbolic execution to extract contract call details offchain securely.
Wallets will be able to show dApp interactions in a more user-friendly way 🚀
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Just imagine that every month 40 million were saved by a securely designed blockchain like
@Alephium
🚨 [1/6] ScamSniffer's February Phishing Report
In February, about 57,000 victims lost approximately $47 million to crypto phishing scams.
Compared to January, the number of victims who lost over $1 million decreased by 75%.
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🎉 The first devnet release of the Rhone upgrade is here, packed with the exciting new upgrade features!
- Full Node: rhone-0.4.0
- Web3 SDK: 0.38.0
Happy coding! And don't forget to share your feedback on these new features.
Devnet release is coming very soon!
Developers, please stay tuned for early access to these exciting new features before their deployment on the mainnet.
Meanwhile, core devs keep meticulously reviewing the code!
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Big welcome to the Bitcoin community!
Alephium = PoLW + sUTXO + Sharding. We're here mining, building, and pushing PoW to new heights.
Explore how Kaspa and Alephium are gaining traction despite Bitcoin's low hashprice. Discover the rising trends in
#cryptomining
and the potential profitability of new PoW assets.
#cryptonews
#Kaspa
#Alephium
#Bitcoin
#mining
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Oracle is absolutely key to
@alephium
’s ecosystem growth. Exciting times ahead 🔮
Oracles are coming to
@alephium
But what are Oracles, how does it work, where are the use cases and what types of Oracles are available?
ELI5 with a piggy bank example from Chatgtp.
Imagine you have a magic piggy bank (blockchain) that will give you a treat if it’s sunny
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1% unlocked!
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For Alephium's PoW sharding, a stronger hashrate means better security and efficiency 💪
The recent surge in hashrate is epic for our cross-chain bridge 🌉—now we can cut down the default confirmation time! Faster bridge, smoother experience!
Hashrate Series
#1
-
@NiceHashMining
True OGs of mining, they talk about the current market, the future of mining and more...
"I admire the
#Alephium
community, as they truly support each other and advocate for the project."
A fantastic interview!
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One month since the last Rhône update.
3 weeks since the devnet release.
Several important additional changes later (dev-friendly reentrancy protection, miner-friendly PoLW)...
We are finalizing the upgrade codebase and moving to testnet next week 🚀
As the core devs have diligently worked on the Rhone upgrade, significant progress has been made.
Numerous new features have been added based on community feedback. Thank you for this!
Time for another thread 🧵
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24M phishing due to unintended token approval 😱
@Alephium
fixes this
insane! someone lost $24.23m worth of stETH and rETH to crypto phishing 8 hours ago!
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Alephium's dev community is amazing!
Thanks to your invaluable feedback, we've recently rolled out many DevX improvements to Ralph and the SDK!
🌟 Global constants & support for array sizes
🌟 Enhanced multicall functionality for complex use cases
🌟 Call TxScript offchain for
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Yesterday, the Alephium network itself was running smoothly, but we hit a wallet&explorer glitch due to resource overload. After adding more resources, it recovered on its own. We're working to make the explorer more robust in the coming weeks.
Just a reminder: the public
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Truly impressive to see the progress🚀
.
@alephium
#hackathon
update:
✔️Backend functionality for managing loans
✔️ Frontend showing active contracts for a user
We are having a great time building on
@Alephium
, the core team is amazing to work with and extremely responsive. Dealing with the ecosystem comes kind of
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As requested, we've created a simple mining ROI calculator for ALPH ASICs:
You can adjust the parameters to see different ROI results. Happy mining ⛏️⛏️⛏️
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Hey Alephium Devs,
We are excited to announce the release of TypeScript SDK `1.0.x` following the activation of Rhone upgrade on mainnet. Here are a few notable changes from this release:
1. Easy Contract Interaction: The SDK generates `view` and `transact` methods for
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The Rhone upgrade ended up having more lines of code changes than the Leman upgrade. Totally unexpected!
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Another top mining pool has launched for
@Alephium
! Happy mining 🌟
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Gasless transactions implementation on
#EVM
is hard & risky!
And it relies on off-chain relayers...
@Alephium
will support gasless transactions 100% on-chain without sacrificing security from the next network upgrade!
🚨 Important Security Alert to the Community 🚨
We are publicly disclosing a critical vulnerability arising from a problematic integration of the standard ERC-2771 and self delegatecall with user input data, including but not limited to multicall. This issue poses a significant
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Thanks for the kind words 💜
Together, we'll make the community proud of what we achieve in the long run.
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Beautiful. 💎 While ETH is still figuring out storage-renting,
@Alephium
's got it live in production.
Here's the final
@alephium
insight for the day!
A total of 57k smart contracts have been deployed, with 20k already destroyed, demonstrating that the incentive to reduce bloat and manage chain size is effective.
$ALPH just works!
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Excited to join the X space to celebrate
@ergo_platform
’s 5th Ergoversary!
Ergo pioneered UTXO-based blockchains and has introduced many innovations to the PoW ecosystem.
Looking forward to chatting with
@chepurnoy
@ERG_Armeanio
& all the guests!
The Ergoversary is right around the corner!
Set your clocks, you won't want to miss this discussion on the future of PoW!
@alephium
@CKBEcoFund
@RunningCKB
@chepurnoy
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After the upgrade, the uncle rate only went up from ~0.8% to ~1.7%.
It was expected to rise by 4x+ due to the 4x reduction in block time, but it only went up 2x.
The extensive optimization work we’ve done over the past few weeks has paid off! It has greatly reduced the expected
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Full Node 3.6.0 is released!
We've added advanced indexes for TXs and subcontracts, perfect for building analysis tools and tracing transactions directly from the full node.
Say goodbye to heavy explorer backend. This update makes chain data more accessible and dev-friendly.
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This is the news of the day.
Last week was
@ledger
’s drainer attack.
A week before that:
@peapodsFinance
’s reentrancy vuln.
November ended with
@kyberswap
’s flash loan abuse based on a logic bug.
And it goes on, and on, and on...
@alephium
fixes this.
🚨1/ Alert: A 'Wallet Drainer' has been linked to phishing campaigns on Google search and X ads, draining approximately $58M from over 63K victims in 9 months.
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Actually an amazing event, beyond expectations!
Met with familiar faces and unlocked exciting new opportunities.
Now, back to building! 💪
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That's one of the reasons we stick to PoW: it's leaderless and scalable with multiple proposers.
Summary of Ethereum block-building research as of 2024-08-07:
* Everyone agrees that having multiple actors contribute txs that must be included in the block is a good idea
* Open debate on whether avoiding a "last mover" is possible
It's good to see the progress! It feels like
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The Rhône Upgrade is coming to testnet next week!
A quick 🧵 on the additional changes that enhance the developer experience on Alephium:
🛡️ Dev-friendly reentrancy protection
🧊 Miner-friendly PoLW
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Few understand
@Alephium
.
@IgMosqueira
does.
Thanks for the shoutout, very nice thread!
Looking forward to your further research and ideas to improve the protocol.
This protocol and
@wachmc
have been thinking about this for sometime. They are a PoW (for now, more later), they are already sharded with max theoretical tps of 10000 tps, they have developed their own vm and programming language structured to prioritize security,
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An incredible 4-minute video about
@Alephium
!
Just as ancient builders paved the way for future advancements, we are building a decentralized future with our development power.
Huge thanks to the Alephium Turkey team for this beautiful creation!
and finally the moment has come... 🎥
When we first saw this event competition, we decided to be something different from the usual as Alephium Turkey team. Because the
@alephium
logo was too valuable for us to be introduced with a sticker.
For this reason, we decided to turn
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One more ecosystem piece🔥
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@hus_qy
@diomark
@alephium
Hi
@hus_qy
, appreciate your thoughtful exploration of Alephium! As a core dev, I'd like to clarify a few points.
TLDR:
@Alephium
supports sequencing and composability via its new UTXO model and the protocol is a MEV-aware design.
Alephium operates on a stateful UTXO model
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EVM isn't a good "Glue" right now due to security flaws and the need for extreme gas optimizations caused by inefficient storage. This undermines the idea mentioned in the article that "EVMs don't need to be efficient, they just need to be familiar".
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@fugashu_codes
Alephium full node has 90+% test coverage and is one of the few blockchains achieved this
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Congrats to the mainnet launch!
Had to go with "chengxyz.alph" since "cheng.alph" was already taken. Wen names trading?
Greetings, ANS Army! 💫
The wait is over. Both liquidity pools,
ANS/ALPH and ANS/APAD, are live now on ! 🔥
Our mainnet is live, and you can now visit and you can register your favorite username.⚡️
$ANS $ALPH $APAD $AYIN
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Ralph LSP is now ready for production use after months of development!
LSP will streamline and enhance your dev experience with features like completion, jumping to definition, and diagnostics.
Try it and share your feedback! We will keep improving.
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Ralph is designed for top-notch security and performance while being dev-friendly.
We've put years of work into making it what it is today, and it's awesome to see the dev community appreciating the efforts.
Still, there's lots more we can do, and we're dedicated to lowering
What is the Developer Experience of
@alephium
?
🔹
@alephium
utilizes a unique coding language, Ralph, which is based on Rust, however, is this a hurdle for developers?
🔸
@florisdbest
, of
@linx_labs
, explains how the overall developer experience is on $ALPH
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The first day of the Alephium Dev Meetup was fantastic 🌟
Incredible talks, inspiring speakers, and amazing vibes all around.
Excited for what's to come!
Last post for today! Thanks all for tuned in, we will get you a thread later on.
Very grateful for all the quality speeches we had with
@0x_reed
,
@Mobulaio
,
@alephiumbank
,
@notdimfred
,
@Hearst_io
,
@shishirpai
along with Thomas,
@wachmc
and
@hongchao
from
@alephium
Tomorrow the
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Buidl⚡️
Done with Smart Contracts✅
Moving to protype testing (STILL ADDING INPUT) - Once there is 101% safety in the outcome, well move to frontend integration, fasten your seat bells - DeFi Masterpiece coming to Alephium⚡️
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This is impossible due to our explicit approvals with APS (Asset Permission System). If a transaction is designated to use only a specific amount of ALPH, attackers cannot manipulate it to transfer other tokens or use more ALPH.
Even in the case that TX simulation gets bypassed
A "bitflip attack" is a transaction that looks like it’s sending you SOL (for example) when our system simulates it, but in reality it drains your wallet when it's actually submitted on chain.
How is this even possible? And what does it look like when it happens?
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DeFi security is hard!
Logic bugs are a tough nut to crack, as we recently saw with the
@kyberswap
hack.
If you don’t know what I’m talking about, read this fantastic thread by
@0xdoug
:
26/ And that's because the "reach quantity" was the upper bound for reaching the tick boundary was calculated as ...22080000, whereas the exploiter set a swap quantity of ...220799999
That shows just how carefully engineered this exploit was. The check failed by <0.00000000001%
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The Leman upgrade marks a significant milestone for the Alephium protocol. Thank everyone involved, LFG!
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IMO, EVM's token approval design is a billion-dollar mistake (like null references). It's alarming to see on CT that users' funds often got drained due to unintended signature/token approvals or when the intended approvals are exploited.
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🔥 I am looking forward to digging into the details!
Something we've been cookin' up 🍬
@wachmc
and his team are working on an Audit of the Smart Contract.
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Impressive 🔥
Today, we proudly hit our first milestone: 100k $ALPH raised for launching projects through
#AlphPad
! For a 3-month-old launchpad born in a downtrend, this achievement is just the beginning. 🚀
#Alephium
#Milestone
$APAD
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On Alephium:
MEV -> Prudent approach, input/output model, flashloans OFF by default
Liquid staking -> PoW = No liquid staking duhhhhh
Hardware requirements going up? -> Run a node on a Raspberry PI
Y'all know why
#Ethereum
is gonna get its ETF sooner or later? Because everyone is constantly poking at the protocol rules, so you just have to patiently wait and co-opt tiny decisions here and there, before the entire thing can be captured. Then it's just TradFi as usual.
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@tkalakaspa
@alephium
@BlockBeatsAsia
Our BlockFlow sharding, new virtual machine, and unique programming language are already live on the mainnet. Plus, PoLW is fully coded and ready to activate once we hit 1 Eh/s hashrate.
We focus on delivering tangible innovation, not just theoretical research.
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Hey Devin, if you have some spare bandwidth, we have a few critical PRs for Alephium's Rhone upgrade that need to be reviewed
Today we're excited to introduce Devin, the first AI software engineer.
Devin is the new state-of-the-art on the SWE-Bench coding benchmark, has successfully passed practical engineering interviews from leading AI companies, and has even completed real jobs on Upwork.
Devin is
5K
11K
45K
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Review Ledger integration this week 🧑💻
🌐Join us as we celebrate innovation, creativity, and collaboration across the Alephium ecosystem. 🎉
In collaboration with
@Blockflow_DAO
and the project managers from our ecosystem, we are giving away a total of 1000 ALPH, three Nano Ledger S Plus, and Alephium merchandise to
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This is a Rhone-level meme
✅An easy summary.
I have made an informative yet funny video to summarize the stuff I talked in this thread.
If you're a lazy bum like me😅... just watch this video.
Thanks for reading. $Alph FTW.
retweet the 1st tweet if you like this🧵.
Have a great day.
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This is 🔥
You wanted it. You will get it.
Say hello to the first real time Blockflow sharding algorithm visualizer on
@alephium
3D ?✅
Mobile & Desktop?✅
Open Source? ✅
Am I tired?✅
🧑🍳👨💻
#hackathon
#Alephium
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Let's make it happen, $ALPH FAM.
Help to support
@alephium
Keep it coming!
1. Join dexscreener discord
2. Like and comment this post (need to join dexscreener first)
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Meeting IRL was 🔥
Your team's feedback on Alephium's dApp stack has been invaluable, and huge respect for your commitment to open-sourcing everything.
Can't wait for the DEX launch!
🔥Alephium meetup🔥
It was an unforgettable weekend in Greece. At the
@alephium
builders meetup, we explored potential partnerships, examined different technical ideas, and had the opportunity to participate in workshops and lectures
Thrilled to chat with numerous builders
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An excellent resource for diving into the design of Alephium's virtual machine!
Visualize the ALPHred VM execution🧑💻
While you replay the transaction at , you can now observe in real time the gas consumption, frame stack, frame's local variables, op stack, contract fields, even the current approved and remaining asset balance as Asset
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Exciting 🔥
We are excited to announce that we are building on
@alephium
and will join their
#hackathon
.
Alephium is a powerful and scalable POW blockchain that uses the UTXO model, and we are working on something that takes full advantage of their capabilities. Coming days we will share
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Absolutely beautiful 🍥
Ay Caramba! WowWee! Cor Blimey! Holy Moly! With a giant OMG cherry on top! 😍🤑
LFG - It’s red hot lava present time! 🌋🎁🥳
Lords, ladies, gentlemen and degens we present to you AYIN Beta 2.0 🙌👊🦾
Months in making it’s the start of a prophetic new journey on the AYIN
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Call all code wizards!
Join us for the community’s most epic event yet!
Introducing Hackathon 1.5: Why So Serious? Hack It Until You Make It!
With $20,000 in prizes up for grabs, this is one of the largest events ever created by a community in the blockchain space!
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The best way to improve your software is by actively using it!
2 months ago I started a little experiment to test $AYIN's rewards for providing liquidity and staking. I started with 1100 $ALPH. Today I converted everything back to ALPH. Can you guess how much ALPH I have now? You don't have to, it's in the thread 🧵😛
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Truly impressive! A complete fundraiser dapp built in just 2 weeks by a 10X dev. 💜
Hello
@alephium
frens
Here's my presentation for my hackathon project "Donera".
You can try it out on testnet:
Few things to be aware of for testnet (all will be improved):
- It will look shit on mobile
- I only tested with wallet extension connector
-
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Now you can bridge your ETH/USDT to Alephium and use dapps onchain WITHOUT acquiring ALPH beforehand.
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KISS (keep it simple, stupid) is a core principle in Alephium's design as well.
It’s surprising how much effort it takes to make things look simple!
Elon Musk: "Well, it’s easy to say ‘simplify,’ and it’s very difficult to do it. I have this very basic first principles algorithm that I run kind of as a mantra, which is to first question the requirements, make the requirements less dumb. The requirements are always dumb to
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Curious about how Oracle will advance
@Alephium
's ecosystem? Join the space
⛓️ Chain in Focus Ep8:
@alephium
Join us next Wednesday as we dive into the thriving Alephium ecosystem, featuring
@MaudBannwart
&
@wachmc
from Alephium, Fragstar, founder of
@alephiumbank
, and
@FlorisdBest
, co-founder of
@linx_labs
.
🔔 Set a reminder:
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Hey community, time to take the wallet to the next level. Love to hear your valuable feedback (ℵ)
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The original article was written in Chinese, but the English translation captures its essence quite well.
It’s rare we have the occasion to provide a full Alephium overview in chinese by
@BlockBeatsAsia
!
But if you don't speak chinese, you can still enjoy it in english 🔥
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Congrats 🚀 And looking forward to seeing more cool stuff from you all!
LinxOTC Trading is here, now, live on mainnet. Risk-free 'over the counter' trading without any escrow, between 2 parties. Only on
@alephium
by utilizing
#atomicswap
!
That's not the only exciting news, next week OTC Lending goes live on testnet on $ALPH!
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One more top mining pool 🔥
🥳Exciting News!
🚀To support the $ALPH ecosystem,
#ANTPOOL
announces the launch of $ALPH
✨Join
#ANTPOOL
for $ALPH mining excitement!
#CryptoMining
#NewCoin
#ANTPOOL
#ALPH
@BITMAINtech
@alephium
@AntPoolofficial
leading to：
telegram:
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Excited to see the creation of several new tokens on
@Alephium
mainnet! The community had a blast moving these tokens across different shards without even realizing that the blockchain is sharded!
How Alephium effortlessly supports native cross-shard tokens? 1/n
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Awesome 👏
🎉 Alephium AL3 Sold Out! 🎉
We are thrilled to announce that all our Alephium units have been sold out! A huge thank you to our incredible customers for placing your trust in us. Your support drives us in innovating and delivering top-notch products.
#Alephium
#CryptoMining
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Devnet release is coming very soon!
Developers, please stay tuned for early access to these exciting new features before their deployment on the mainnet.
Meanwhile, core devs keep meticulously reviewing the code!
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It was a great pleasure meeting you in real life. LFG 👊
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Nice, great job🔥
Announcing !
This project is a successful collaboration between
@pushvalue
and us.
The goal is to show expansion of
@alephium
by showcasing fullnodes on a map 🗺️ (note: only the nodes fullnodes we are seeing are displayed, if you want to help DM us)
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Nice addition to improve the liquidity of the existing order book system
CandySwap is now an AMM + Orderbook hybrid DEX!
We have just released CandySwap V2 along with our Automatic Liquidity system, allowing you to concentrate liquid perfectly on any trading pair.
You can also specify a spread, meaning traders can specify how much profit they want
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I hope I can do such UI 🔥
Just minted a cold one from the very first custom NFT collection contract on
@alephium
Join us now
$alph
@ayincoin
@DeadRareNFT
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Awesome 🔥 This can be reused by many Alephium projects, thanks for the contribution!
Submitted a Merkle Tree library for
@alephium
Hackaton, inspired by
@OpenZeppelin
. Enhanced with
#Alephium
demo. Awaiting jury's insights.
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@hus_qy
@diomark
@alephium
Hey man. Thanks for the further exchange. Let me elaborate on some of our arguments.
Just to clarify, we believe that MEV is impossible to solve and we don't claim that Alephium solves it either. Our MEV-aware design aims to reduce the potential MEV opportunities or increase the
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This is hugeeeee 🚀 Concentrated liquidity on Alephium. Welcome to ecosystem
@invariant_labs
Sent the submissions to the
@alephium
hackathon
Excited to showcase the capabilities of
@alephium
VM and the Ralph programming language by adopting concentrated liquidity here.
@invariant_labs
Clear conclusion: Alephium has immense potential to create a robust DeFi ecosystem
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It’s that time again: drowning in pull requests like it’s a never-ending buffet.
Who’s hungry for code reviews?
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Congrats 🔥 Just registered mine.
(I will also register on other ANS platforms on Alephium, just to be fair.)
ANS is live 🚀
Website
NFT Collections
Token
Docs
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Nice summary on the advantages of
@alephium
’s token system design.
SSS (Simple, Secure, and Scalable).
Alephium stands out in the blockchain ecosystem with its token system that combines simplicity, robustness, and security. Alephium's tokens are managed through UTXOs, a method that's been battle-tested for its security in managing assets since the inception of Bitcoin.
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Looking back, base58 addresses prove more resilient to spoof address attacks compared to hex string addresses.
58**12 = 1449225352009601191936
16**12 = 281474976710656
1/7
New year...same scams.
We've all seen the scam token airdrops...but today it looks like
@AragonDao
lost about 800k USDC in one tx to a fake token airdrop scam. 🪦
How does it work, how do ppl fall for these, and what can you do?
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🔥
📢 We are excited to announce the listing of the
@alephium
mainnet on Zelcore!
Now you can securely store, send, receive, buy and swap $ALPH with ease. 🎉
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