What is ALUX?
ALUX Token
ALUX is a cryptocurrency. It is scarce digital money that you can use on the internet – similar to Bitcoin.
- ALUX lets you be your own bank. You can control your own funds with your wallet as proof of ownership – no third parties necessary.
- Internet money may be new but it's secured by proven cryptography. This protects your wallet, your ALUX, and your transactions.
- You can send your ALUX without any intermediary service like a bank. It's like handing cash over in-person, but you can do it securely with anyone, anywhere, anytime.
- ALUX is decentralized and global. There's no company or bank that can decide to print more ALUX, or change the terms of use.
- You only need an internet connection and a wallet to accept ALUX. You don't need access to a bank account to accept payments.
- ALUX is divisible up to 18 decimal places so you don't have to buy 1 whole ALUX. You can buy fractions at a time – as little as 0.000000000000000001 ALUX if you want.
ALUX Network
ALUX network is building the concurrency control layer for Web 3.0. Both short-running and long-running transactions can be concurrently executed using our technology with ACID properties maintained. Our protocols are leaderless, lock-free and don't rely on compensation transactions. Our virtual machine is designed with Object-capability (OCAP) principles to provide secure compartmentalization of on-chain resources and computational instances. With our technology, Web 3.0 can evolve from the current value transfer focused applications to general computing applications.
Our Advantages
More Nodes, More TPS
Cheap On-Chain Data Storage
More Nodes, More TPS
For traditional blockchains using "state machines," adding nodes leads to slower TPS. ALUX is the opposite, performance can be linearly scaled as more hardware is added.
Shards Work Together
Cheap On-Chain Data Storage
More Nodes, More TPS
ALUX is the only sharded blockchain that keeps cross-shard transactions atomic and concurrent. Scaling by sharding is an illusion if 10 shards do not “look and feel” like one shard.
Cheap On-Chain Data Storage
Cheap On-Chain Data Storage
Cheap On-Chain Data Storage
With concurrency, data intensive transactions do not need to queue up with value intensive transactions. You can pay lower fees for them. One platform for ALL!
Parallel VS Concurrent
Parallel → APT, SUI, SOL...
Transactions can only run from begin to end; they cannot be suspended and later resumed.
Concurrent&Composite → ALUX
Transactions can run like coroutines; they can be suspended and resumed when certain conditions are satisfied. However, distributed concurrency control must be applied to guarantee that the transactions are ACID.
Why Concurrency is Essential
Increased performance.
Enables many long-running transactions, such as IO-intensive jobs, and, more importantly, inter-shard, inter-chain, and inter-system calls (for example, between Web 2.0 and Web 3.0).
Yes, we can make off-chain oracles and relayers obsolete!"
