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Alephium Unveils Video Creation Contest

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Community-Generated Content Drive Underscores User-Driven Momentum

Lausanne, Switzerland–(Newsfile Corp. – March 17, 2022) – Following the recent mainnet launch of its platform, the Alephium team is opting to reward the community of users it has amassed with a contest designed to attract compelling introductory videos.

As the community expands, tutorials, guides, and videos are constantly being uploaded on YouTube. Although many existing videos already help users understand the concept of Alephium and how to mine, the emerging network is seeking a stronger introductory video. The Alephium team is searching for a video introduction covering all the basics, especially to attract and engage new users who aren’t necessarily tech-savvy or familiar with Alephium.

Per the official announcement, Alephium is looking for an easy-to-understand “video introduction” that should at least cover all the basic points covered in the project’s Medium article “Welcome to Alephium“. The video shouldn’t exceed five minutes, can be in any language, and should include links and information about Alephium’s social media channels, whitepapers, and Github. To this end, the Alephium team has launched a video creation contest.

The Alephium team has provided the guidelines for the contest. Interested users can also reach out directly to the Alephium team on Discord, Telegram, and Reddit. Additional information related to Alephium can already be found on the official website, whitepapers, Medium, and Github. Users can upload their video on YouTube or Vimeo with the #Alephium and #ALPH tags before 2022-04-15 23:59 CET, then provide the link and their email address via the official submission link.

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By design, Alephium features many complex technical and mathematical concepts. It employs a novel algorithm called BlockFlow delivering efficient and practical UTXO sharding with single-step cross-shard transactability while maintaining speed and security. This first-of-its-kind layer-1 sharded blockchain is designed to tackle the challenges of scalability, transaction throughput, and consensus efficiency in existing networks.

New users, especially those without a technical background, can find it difficult to wrap their heads around the functionalities and features offered by Alephium. Hence, the video creation competition is focused on selecting one or more videos that introduction to the fundamental concepts and value proposition of Alephium in a comprehensive, tech jargon-free, engaging, and easy to understand manner. Creators are free to use 3D animations, cartoons, voiceovers with premium slides, or add any other creative touch as they deem fit.

Further expanding upon the contest’s guidelines, Alephium Co-Founder, Cheng Wang notes, “The community has already created an impressive amount of content related to Alephium. YouTube is full of videos, but most of them are focussed on mining. We need something that can serve as an accessible gateway for new users, we need great introduction videos. Our community members have amazed us with their content creation skills to date, so I’m confident this video creation contest will help us gather creative videos that best describes Alephium.”

About Alephium

Swiss-based Alephium is the first operational Layer-1 sharded blockchain scaling and improving on Bitcoin core technologies, Proof of Work and UTXO.Paired with greater energy efficiency, Alephium delivers a highly performant, secure infrastructure for DeFi (decentralized finance) protocols and dApps (decentralized applications). Through its sophisticated technological approach, Alephium addresses the security, scalability, and accessibility hurdles faced by dApps built on legacy networks.

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Contact
Maud Simon
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116993

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)

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blocks-&-headlines:-today-in-blockchain-(brics,-hungri-games,-nano-labs,-metahorse-unity)

 

Building Customer Trust in AI with Blockchain

Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.

Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.

Source: Harvard Business Review

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Blockchain at a Crossroads: Balancing Promise and Peril

As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.

The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.

Source: Cointelegraph


BRICS vs. USD: Blockchain’s Role in Economic Shifts

The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.

This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.

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Source: CoinGeek


Hungri Games Expands MetaHorse Unity to Base Blockchain

Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.

By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.

Source: CoinTrust


Nano Labs Purchases Trump Tokens to Celebrate Presidency

Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.

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The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.

Source: PRNewswire


Final Thoughts: Blockchain’s Expanding Horizons

This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.

While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.

 

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Blockchain

CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo

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OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara

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Blockchain

The World Market for RegTech 2025-2030: Growth Trends, Industry Chain Analysis, Regional Insights, SWOT Analysis and Market Shares of Leading Players – Thomson Reuters, Deloitte, PwC, Accenture, IBM & More

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