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Alium Finance is a cryptocurrency optimised for fast, secure and low-cost transactions. It was created in 2014 by a team of developers who saw the potential for blockchain technology to revolutionise the financial industry. The team wanted to create a cryptocurrency with a highly secure, decentralised network and a fast, low-cost transaction system.
Alium Finance is based on the Bitcoin protocol, but with additional features that make it better suited to the needs of financial institutions. It has a built in ‘Proof of Stake’ consensus system, which ensures that all transactions are secure and valid. The cryptocurrency also has a built in ‘smart contract’ system, which allows it to be used for automated payments and contracts. Additionally, Alium Finance incorporates a ‘lightning network’, allowing it to process transactions faster and more cost effectively. Alium Finance is now used by numerous businesses and financial institutions around the world, and is quickly becoming one of the most popular cryptocurrencies.