Aleo

About Aleo token

Aleo brands itself as a platform for developing decentralized apps with a focus on privacy. It works on protecting privacy on s users on a decentralized application without affecting the open nature of the blockchain. Aleo applies zero knowledge proofs which enable developers to build applications that verify and approve transactions without exposing the relevant data. Aleo is unique in that it also offers a range of useful and easy to use tools for developers such as the Leo programming language which helps developers build private applications on blockchain with ease. This solves the difficult problem of data privacy and transparency that developers have to navigate. Aleo also aims to address the problem of environmental harm caused by blockchain technologies. It uses a new proof mechanism that is designed to use less energy as compared to traditional proof of work, thus adding to Aleo’s privacy focus, also contributing to the environmental sustainability of blockchain operations.

Key metrics & performance data

($ALEO) is a Binance Smart Chain-based cryptocurrency token with this contract address 0x1AE9A562BeAbe58e8eeA67743Fb2358Af6B1C72f. The official launch date of the token was February 20, 2024.

Currently, the Aleo price is $0.20248871368331414 with a 0.00% increase in the last 24 hours. ($ALEO) is held in 6 wallet addresses with the top 10 addresses holding 1.00% of the entire supply.

Current site metrics show that $ALEO has a security rating of 50, is ranked 4431th in popularity, and 870th in GuGu Rank.