Quick take:
- Aleo is a ZK-enabled Layer-1 for Web3 developers to build, deploy, and execute decentralized private applications.
- Pruden was previously a Blockchain Research Analyst at GGV Capital.
- He takes the helm as Aleo gears up for mainnet launch.
Aleo, the layer-1 network for decentralised applications, today announced the appointment of Alex Pruden to CEO. He previously served as the company’s COO before taking over the CEO role from Aleo co-founder, Howard Wu, who will be shifting his role to chief technology officer.
Before joining Aleo, Alex Pruden was a deal partner at Andreessen Horowitz, where he was responsible for meeting with entrepreneurs and evaluating investment opportunities in cryptocurrency and blockchain-related startups, analyzing innovation and trends in cryptocurrency & blockchain technology, and providing operational and strategic advice to portfolio companies.
After ending his nine-year career as a U.S. Army Infantry and Special Operations officer, Pruden joined GGV Capital in 2017 as a blockchain research analyst, where he researched cryptocurrencies, blockchain, and distributed ledger technology as well as analyzed financial, legal, and practical aspects to inform a comprehensive venture capital investment strategy.
According to Aleo, Pruden’s leadership experience serving overseas combined with his deep technical expertise as a blockchain investor and analyst provide the ideal foundational skill set to scale Aleo into the Layer-1 needed to build the future of decentralized, private applications.
“I’m extremely proud to lead the world-class team at Aleo. What we’ve been able to build so far is extremely exciting and brings an entirely new vision to highly-scalable blockchain technology with privacy built in from the ground up,” said Pruden. “Privacy is fundamental to a wide range of applications, and over the coming months I’m looking forward to leading this incredible and fast-growing team to finally realize the potential of blockchains.”
He takes the helm of Aleo as the company gears up for its mainnet launch with its third testnet underway. This testnet sees the debut of Aleo’s proof of stake consensus and novel decentralized prover layer.
Aleo claims to be the first blockchain to enable totally private applications. By leveraging zero-knowledge proofs, both the content of transactions as well as their senders and receivers remain fully encrypted even as they’re verified and added to the blockchain.
“Alex is exactly the right person to lead Aleo into the future. He’s a proven expert in the space with some of the greatest leadership skills I’ve seen,” said Howard Wu, Aleo co-founder and CTO. “Together, we’ve assembled a truly stunning team and I’m very excited for us to be bringing zero-knowledge technology to life with Aleo.”
****
Sign up to the world’s biggest crypto exchange Binance to buy and sell cryptocurrencies.
Stay up to date:
