ALEPH.IM RAISES $10M TO DEVELOP CENSORSHIP-RESISTANT DATA STORAGE

The world of Web3 is rapidly evolving, and with it, the need for robust, decentralized infrastructure to support its growth.One of the critical components of this infrastructure is data storage.Traditional centralized storage solutions are susceptible to censorship, single points of failure, and lack transparency. Aleph.im, a cross-blockchain decentralized storage and computing network, today announced the completion of its $10M funding round.Enter Aleph.im, a cross-blockchain decentralized storage and computing network.Recently, Aleph.im announced the completion of a significant $10 million funding round, spearheaded by Stratos Technologies.This funding injection will fuel the development and expansion of its censorship-resistant data storage capabilities, aiming to provide a truly decentralized alternative to services like Amazon Lambda.But what exactly does this mean for developers, users, and the future of decentralized applications?This funding empowers Aleph.im to enhance its core channel node infrastructure, expanding its distributed virtual machine network and making full-stack decentralization a tangible reality for Web3 builders.The funding also signals a growing recognition of the importance of decentralized middleware in the broader blockchain ecosystem.With this investment, Aleph.im is poised to play a vital role in shaping the future of a censorship-resistant and truly decentralized internet. Aleph.im raises $10M to develop censorship-resistant data storage 10M Alephim censorshipresistant Data develop raises storage CryptonewsFrom powering dApps to providing secure data storage for protocols across multiple blockchains, Aleph.im's mission is to revolutionize the development landscape.

What is Aleph.im and its Mission?

Aleph.im is a cross-blockchain decentralized storage and computing network.This means it’s designed to work seamlessly with various blockchain technologies, not just a single one. Decentralized storage and computing network Aleph.im raised fresh funds to face Amazon Lambda as a decentralized alternative.It provides developers with the tools and infrastructure needed to decentralize the often-overlooked middleware layer of their applications. The cross-blockchain network aims to provide fully decentralized computing power and censorship-resistant data storage, according to the announcement. Aleph.im scheduled its first computing resource node rollout for January following the funding round.Think of it as the bridge between different blockchains and the foundation upon which decentralized applications (dApps) can be built more securely and efficiently. Aleph.im raises $10M to develop censorship-resistant data storage Jonathan Schemoul on LinkedIn: Aleph.im raises $10M to develop censorship-resistant data storage Agree Join LinkedInIts core mission is to provide fully decentralized computing power and censorship-resistant data storage.

Why is Decentralized Data Storage Important?

Decentralized data storage offers several key advantages over traditional centralized solutions:

• Censorship Resistance: No single entity controls the data, making it extremely difficult to censor or manipulate.
• Increased Security: Data is distributed across multiple nodes, reducing the risk of a single point of failure or a successful attack.
• Enhanced Privacy: Decentralized systems can be designed to prioritize user privacy and data ownership.
• Greater Transparency: The distributed nature of the network makes it easier to verify data integrity and track its provenance.

By providing these benefits, Aleph.im empowers developers to build truly decentralized applications that are more resistant to censorship, secure, and transparent.

The $10 Million Funding Round: Details and Participants

The recently concluded $10 million funding round marks a significant milestone for Aleph.im.The raise was led by Stratos Technologies, demonstrating a strong vote of confidence in the project's vision and potential. Paris, France, Jan. 20, 2025 (GLOBE NEWSWIRE) - Aleph.im, a cross-blockchain decentralized storage and computing network, today announced the completion of its $10M funding round.The raise wasA diverse group of investors also participated, further validating Aleph.im's market position.Notable contributors included:

• Zeeprime
• NOIA Capital
• Theia
• Bitfwd Capital
• Ellipti
• Incuba Alpha
• RareStone
• TRGC
• Winkrypto
• NZVC
• Token Ventures
• Seven

This diverse group of investors brings a wealth of experience and expertise to Aleph.im, providing not only financial support but also valuable strategic guidance.

How Will the Funding be Used?

The $10 million in funding will be strategically deployed to further develop and expand Aleph.im's capabilities. Decentralized storage and computing network Aleph.im raised fresh funds to face Amazon Lambda as a decentralized alternative. Aleph.im raises $10M to developKey areas of focus include:

• Expanding the Core Channel Node Network: Aleph.im aims to increase the number of core channel nodes from 70 to 150. Aleph.im, a cross-blockchain decentralized storage and computing network, today announced the completion of its $10M funding round. The raise was led by Stratos Technologies and isThis expansion will significantly enhance the network's computing power and distribution, making it more robust and resilient.
• Enhancing Decentralized Computing Power: The increased funding will allow Aleph.im to build a more powerful distributed virtual machine network.This will enable developers to run complex applications and processes in a truly decentralized environment.
• Improving Censorship-Resistant Data Storage: The funding will support ongoing development and optimization of Aleph.im's data storage solutions, ensuring that data remains secure, accessible, and resistant to censorship.
• Supporting Web3 Builders: Aleph.im will use the funding to provide more resources and support to Web3 developers who are building decentralized applications and protocols.

Aleph.im as a Decentralized Alternative to Amazon Lambda

One of Aleph.im's key goals is to provide a decentralized alternative to centralized cloud computing services like Amazon Lambda.Amazon Lambda allows developers to run code without managing servers.While convenient, it’s a centralized service vulnerable to single points of failure and censorship. Aleph.im rewards its core channel nodes with the network s native token, ALEPH. The new funding would enable Aleph.im to increase its minimum wage payment capabilities from the current 70 core channel nodes to 150 node operators. This expansion aims to create a distributed virtual machine network to make full-stack decentralization possibleAleph.im aims to offer similar functionality but in a decentralized and censorship-resistant manner.

Advantages Over Centralized Solutions

Aleph.im offers several advantages over centralized cloud computing services:

• Reduced Dependence on Centralized Providers: Developers are not reliant on a single company, minimizing the risk of vendor lock-in and censorship.
• Increased Transparency and Auditability: The decentralized nature of Aleph.im makes it easier to verify the integrity and provenance of data.
• Improved Security and Resilience: Data is distributed across multiple nodes, making it more resistant to attacks and downtime.

By providing a decentralized alternative to Amazon Lambda, Aleph.im empowers developers to build more robust, secure, and censorship-resistant applications.

Rewarding Core Channel Node Operators: The ALEPH Token

Aleph.im utilizes its native token, ALEPH, to reward its core channel node operators.These nodes are responsible for providing the computing power and storage resources that power the network. Decentralized storage and computing network Aleph im raised fresh funds to face Amazon Lambda as a decentralized alternative The competition among the computingThe ALEPH token incentivizes operators to maintain the network's integrity and performance.

Expanding Minimum Wage Payment Capabilities

The new funding will enable Aleph.im to significantly increase its minimum wage payment capabilities. Decentralized storage and computing network Aleph.im raised fresh funds to face Amazon Lambda as a decentralized alternative. Continue reading Aleph.im raises $10M to develop censorship-resistantBy expanding the number of rewarded core channel nodes from 70 to 150, Aleph.im is fostering a more robust and decentralized network, attracting more operators and increasing the overall capacity of the platform.

This expansion ensures a more distributed and reliable infrastructure for Web3 developers, making full-stack decentralization a more attainable goal.

The Importance of Cross-Blockchain Compatibility

Aleph.im's cross-blockchain compatibility is a crucial aspect of its design. Paris, France, Jan. 20, 2025 (GLOBE NEWSWIRE) - Aleph.im, a cross-blockchain decentralized storage and computing network, today announced the completion of its $10M funding round. The raise was led by Stratos Technologies and is supported by Zeeprime, NOIA Capital, Theia, Bitfwd Capital, Ellipti, Incuba Alpha, RareStone, TRGC, Winkrypto, NZVCIn the fragmented world of blockchain, interoperability is essential for building a truly connected and decentralized ecosystem.Aleph.im allows dApps and protocols from any blockchain to utilize its decentralized storage and computing resources, regardless of the underlying technology.

Benefits of Cross-Blockchain Functionality

• Increased Flexibility and Interoperability: Developers can easily integrate Aleph.im into their existing applications, regardless of the blockchain they are built on.
• Expanded Reach and User Base: Applications built on Aleph.im can reach a wider audience across multiple blockchain ecosystems.
• Reduced Fragmentation: By providing a common infrastructure layer, Aleph.im helps to bridge the gap between different blockchain networks.

This cross-blockchain functionality makes Aleph.im a valuable tool for developers looking to build truly decentralized and interoperable applications.

The Future of Decentralized Middleware: Aleph.im's Role

Decentralized middleware is an increasingly important component of the Web3 stack.Middleware acts as the bridge between different layers of an application, handling tasks such as data storage, computing, and communication. Aleph.im raised $ on in Venture Round. Start Free Trial . Talk With SalesBy decentralizing this layer, developers can create more secure, resilient, and censorship-resistant applications.

Aleph.im's Contribution

Aleph.im is at the forefront of this trend, providing developers with the tools and infrastructure needed to build decentralized middleware solutions.Its decentralized storage and computing network empowers developers to create applications that are not reliant on centralized providers and are more resistant to censorship and attacks.

With the recent $10 million funding round, Aleph.im is well-positioned to play a leading role in the development and adoption of decentralized middleware, shaping the future of Web3 and the internet as a whole.

Practical Examples: What Can Be Built with Aleph.im?

The possibilities for what can be built using Aleph.im are vast.Here are a few practical examples:

• Decentralized Social Media Platforms: Build censorship-resistant social media platforms where users control their data and content.
• Decentralized Marketplaces: Create secure and transparent marketplaces for buying and selling goods and services.
• Decentralized Gaming Applications: Develop blockchain games that are more resistant to cheating and censorship.
• Secure Data Storage Solutions: Store sensitive data in a decentralized and secure manner, ensuring privacy and data ownership.
• Decentralized Identity Management Systems: Build systems that allow users to control their digital identity and manage their personal data.

These are just a few examples of the many potential applications of Aleph.im. News Aleph.im raises $10M to develop censorship-resistant data storage . Decentralized storage and computing network Aleph.im raised fresh funds to face Amazon Lambda as a decentralizedThe platform's flexibility and cross-blockchain compatibility make it a valuable tool for developers looking to build innovative and impactful decentralized applications.

Addressing Common Questions About Aleph.im

Here are some common questions people have about Aleph.im:

What blockchains does Aleph.im support?

Aleph.im is designed to be cross-blockchain compatible, meaning it can work with a wide range of blockchain networks.While specific integrations may evolve, the core principle is to support interoperability and flexibility for developers.

How secure is Aleph.im's data storage?

Aleph.im utilizes a distributed network of nodes to store data. Decentralized storage and computing network Aleph.im raised fresh funds to face Amazon Lambda as a decentralized alternative. Aleph.im raises $10M to develop censorship-resistant data storage Crypto Information from across the InternetThis decentralization makes the system more resilient to attacks and data loss compared to centralized storage solutions. 16K subscribers in the CryptoCurrencyClassic community. The unofficial Wild Wild West of r/CryptoCurrency. CryptoCurrency Memes, News andEncryption and other security measures are also employed to protect data privacy.

How can I participate in the Aleph.im network?

You can participate in the Aleph.im network by running a core channel node.This involves providing computing power and storage resources to the network and being rewarded with ALEPH tokens. Aleph.im raises $10M to develop censorship-resistant data storageVisit the Aleph.im website for more information on how to become a node operator.

What are the long-term goals of Aleph.im?

Aleph.im's long-term goal is to become a leading provider of decentralized infrastructure for Web3. Paris, France, Jan. 20, 2025 (GLOBE NEWSWIRE) Aleph.im, a cross-blockchain decentralized storage and computing network, today announced the completion of its $10M funding round. The raise was led by Stratos Technologies and is supported by Zeeprime, NOIA Capital, Theia, Bitfwd Capital, Ellipti, Incuba Alpha, RareStone, TRGC, Winkrypto, NZVCThis includes providing robust and censorship-resistant data storage, powerful decentralized computing resources, and tools for developers to build innovative and impactful decentralized applications.They strive to empower the creation of a truly decentralized and censorship-resistant internet.

Conclusion: Aleph.im's Impact on the Future of Web3

Aleph.im's successful $10 million funding round is a strong indicator of the growing demand for decentralized infrastructure in the Web3 space. Aleph.im rewards its core channel nodes with the network's native token, ALEPH. The new funding would enable Aleph.im to increase its minimum wage payment capabilities from the current 70 core channel nodes to 150 node operators. This expansion aims to create a distributed virtual machine network to make full-stack decentralization possible forBy providing a censorship-resistant data storage solution and a decentralized alternative to cloud computing services like Amazon Lambda, Aleph.im is empowering developers to build more secure, resilient, and transparent applications. Aleph.im allows Web 3 builders, dapps (decentralized applications) and protocols of any blockchain to decentralize an often overlooked piece of the development stack middleware.The expansion of its core channel node network and the continued development of its cross-blockchain capabilities will further solidify Aleph.im's position as a key player in the Web3 ecosystem.

Key takeaways from this article include:

• Aleph.im is a cross-blockchain decentralized storage and computing network.
• The recent $10 million funding round will be used to expand the network and enhance its capabilities.
• Aleph.im aims to provide a decentralized alternative to Amazon Lambda.
• The ALEPH token is used to reward core channel node operators.
• Aleph.im's cross-blockchain compatibility is essential for building a truly connected Web3 ecosystem.

As the Web3 landscape continues to evolve, Aleph.im is poised to play a vital role in shaping its future.By providing the essential infrastructure for building truly decentralized applications, Aleph.im is helping to create a more open, secure, and censorship-resistant internet.Are you ready to explore the possibilities of decentralized data storage and computing? Decentralized storage and computing network Aleph.im completed a $10 million funding round led by Stratos Technologies. Zeeprime, NOIA Capital, Theia, Bitfwd Capital, Token Ventures and SevenVisit the Aleph.im website today to learn more and get involved!