Binance Launches Aleo Trading Competition With 1.5 Million ALEO Prize Pool
Participants trading ALEO on Binance Wallet or Binance Alpha from September 14–28 can compete for a share of 1.5 million tokens.
Summary
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Terms & Concepts
- Aleo (ALEO): A blockchain project focused on privacy-preserving applications, enabling developers to build decentralized apps with zero-knowledge proofs.
- Non-Custodial Wallet: A crypto wallet where users control their private keys, ensuring full ownership of their assets without dependence on a third-party custodian.
- Zero-Knowledge Proofs: A cryptographic method allowing one party to prove the validity of information without disclosing the actual data.