Avail is a revolutionary private non-custodial (or self-custodial) a wallet created on the Aleo blockchain and using the smart contract interface.

Now Avail Testnet is live on Aleo.

Details here:

https://avail.global/

Now it’s available on desktop and we are waiting a mobile version soon.

I will briefly explain at once what “non-custodial" means.

The custodian is the custodian of your assets. Accordingly, the wallet can be custodial and non-custodial. In the second case, only you are the custodian of your funds and only you have access to them.

Unlike a custodial wallet, in a non-custodial one, only you own your private keys. In custodial wallets, private keys are stored and managed by a third party, not by yourself. Therefore, it is non-custodial wallets that provide a higher level of security and privacy.

According to these signs, a project like Avail decided to build specifically on Aleo, since this blockchain allows you to ensure confidentiality, privacy and non-custodiality.

What is Avail?

1. Private

2. Encrypted transaction notification system

3. Open source

4. Smart contracts

So, why Aleo?

Let's take a closer look at the main advantages of the Aleo blockchain, thanks to which more and more projects are being built on Aleo.

Aleo is the first private blockchain network that allows you to independently protect your assets and interact with other network users. This factor is very important for the creators of the Avail project, whose mission is to provide each user of their wallet with full and unhindered control over their own assets, while guaranteeing confidentiality, privacy and security, as well as ensuring the convenience of using the wallet through a simple interface.

Aleo strives to provide creators of any projects and applications with a universal solution that ensures the protection of confidential data. They are encrypted and protected even during their processing in the blockchain. Aleo uses zero-knowledge Proof Technology (ZKPS) and cryptographic methods that ensure data confidentiality while maintaining the integrity and transparency of the blockchain. The advanced technologies used are also very important for projects that are being built on Aleo.

ZKPS - evidence of the reliability of the data, while the data itself is not disclosed to the verifying party. This is a unique technology on which the Aleo blockchain is built, and attracts many projects to deploy on this blockchain.

Aleo uses a language called Leo, which is specifically designed for writing private dApps. Leo ensures the confidentiality and privacy of user data, while allowing developers to create complex projects with a simple and intuitive interface.

Thus, all of the above advantages of the Aleo blockchain attract many developers to deploy their projects and applications on this particular blockchain.

I would also like to draw your attention to the fact that this project is being built on Aleo within the framework of the Aleo grant program, which everyone can participate in now. This is not only a chance to build your project on the most powerful blockchain that guarantees privacy and confidentiality, as well as using advanced Zk technologies, but also a chance to receive a grant for the development of your project, which I would not advise you to miss.

More and more projects are being built on Aleo, because it is this blockchain that guarantees complete confidentiality and decentralization, so do not miss your chance and be sure to explore the possibilities of the Aleo blockchain and its grant program.

Links to official Aleo sources:

• Website ~ https://www.aleo.org/

• Twitter ~ https://twitter.com/AleoHQ

• Community Twitter ~ https://twitter.com/aleocommunity

• GitHub ~ https://github.com/AleoHQ

• Community Forum — https://community.aleo.org/

• Community Calendar ~ https://www.aleo.org/community/calendar

• YouTube — https://www.youtube.com/channel/UCS_HKT2heOC_q88YQLiJt0g

• Developer Documentation ~ https://developer.aleo.org/

• Leo Playground ~ https://play.leo-lang.org/

• Aleo Block Explorer ~ https://www.aleo.network/

• Community Blog ~ https://medium.com/@AleoHQ

• Announcements Blog ~ https://www.aleo.org/blog