Aleo Price(ALEO)

Aleo is fundamentally a privacy-first blockchain, which facilitates the development of applications capable of updating ledgers while preserving personal data security. Central to Aleo's functionality is its utilisation of zero-knowledge proofs (ZKPs), a cryptographic method that verifies the validity of information without necessitating the disclosure of the underlying data itself.

Through this technology, Aleo allows developers to create secure online transactions, thereby empowering users with control over their private information. The Aleo Network operates through a collaborative framework among unaffiliated nodes, enabling these nodes to update a ledger that maintains both encrypted personal user data and publicly available data pertaining to applications.