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Alpha Shares (Old) is a cryptocurrency that was developed to provide an alternative to traditional banking and financial systems. The cryptocurrency was created by a team of developers in August 2019, and it was designed to be an open-source, decentralized, and secure digital asset. The main purpose of Alpha Shares (Old) was to provide users with an easy and secure way to store, trade, and manage their digital assets.
Alpha Shares (Old) is based on the Ethereum blockchain, and it uses a Proof-of-Stake consensus mechanism. This consensus mechanism allows users to validate transactions without the need for miners to be involved, which makes it faster and more secure than other blockchains. The cryptocurrency also uses a unique consensus algorithm called “Voting through Stake”, which allows users to vote on proposed changes to the network and network parameters. Alpha Shares (Old) also uses smart contracts to facilitate transactions, allowing users to quickly and securely send, receive, and store digital assets.