Alephium, a Swiss blockchain making waves

It is a project that has undergone a real change in scale in less than three months. Alephium, a blockchain developed partly in Switzerland, is enjoying increasing success. The trading volume of its token, titled “alph”, on cryptocurrency buying and selling platforms increased from 50,000 francs in mid-November 2023 to over 2 million francs in mid-January 2024. The team behind project, however, puts this success into perspective. “Interest rates can fall as quickly as they rise,” notes Maud Bannwart, head of operations.

The rise of Alephium, which employs 14 people, is, however, no coincidence. Publicly launched in November 2021, this blockchain was designed by Cheng Wang, an engineer at EPFL. Your objective? Propose an alternative within a cryptographic ecosystem largely dominated by the Ethereum infrastructure, the first so-called “programmable” blockchain, created in 2015 by Vitalik Buterin. Maud Bannwart explains: “The idea behind Alephium is to show that it is possible to make radically different technological choices while providing greater security.”

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