Why is Aladdin expected to emerge as a dark horse in 2024

CoinWorld reports:
Bitcoin’s Technological Innovation and DeFi Potential
Bitcoin is one of the most unique assets in the cryptocurrency ecosystem, with a market value and trading volume approximately 2.5 times that of Ethereum. There are over 200 million Bitcoin holders globally, compared to 14 million Ethereum holders. Despite its significant influence in the market, Bitcoin’s potential for technological innovation seems to have been underexplored. This limitation poses obstacles to Bitcoin’s scalability, programming capabilities, and developer attraction. A meme circulating online sharply points out this fact about Bitcoin: “As an investment target, Bitcoin seems to have no other purpose besides long-term holding (‘hodl’).” This meme conveys the fact that while Bitcoin is a powerful means of storing value, there is still significant room for expansion in terms of its functionality and use cases.
According to reliable sources, Aladdin, a leading industry custodial system integration based on AI high-frequency quantification + AladdinBTCLayer2 privacy public chain ecosystem, has recently attracted the attention of financial institutions such as Wall Street!
Team Introduction
The entire Aladdin ecosystem was founded by Mike Beshear, the former CEO of OCULUS, a virtual reality (VR) device manufacturer under Facebook. Mike Beshear has also served as the Chief Technology Officer of a large technology company, DSO, in the United States. Aladdin AI Finance is a platform for AI cryptocurrency trading developed by a team of cryptocurrency and financial experts, AI strategy developers, and senior software engineers. Currently, their main focus is on AI trading and they operate as a fully legitimate and regulated AI trading platform. Since its establishment, Aladdin has provided high-quality AI trading services and has a team of over 50 professionals from more than 10 different countries and cultures. The founder, Mike Beshear, comes from OCULUS, a virtual reality (VR) device manufacturer under Facebook, where he was the former CEO. He has also served as the Chief Technology Officer of a large technology company, DSO, in the United States.


Aladdin
Project Introduction
Aladdin was built with the participation of the well-known US-based Doll Capital. (Doll Capital, located in Colorado, USA, focuses its investments in industries such as electronic payment communities, IT industries, IT service wireless applications, semiconductor chips, hardware industries, software industries, and entered the blockchain digital currency and digital currency mining machine fields in 2018. With its long-term investment experience in the entire Web3 industry, Doll Capital has rapidly risen in the blockchain industry and has become one of the top financial investment institutions in the United States.)


Aladdin
AI Finance +
BTCLayer2
Privacy Public Chain Dual-Ecosystem Application Closed Loop
In terms of ecosystem applications, Aladdin is one of the AI finance tools commonly used by well-known Wall Street institutions, including BlackRock.
Aladdin AI obtains real-time market data, including prices, trading volumes, and market depth, from popular exchanges such as BINANCE, OKEX, and Huobi, using API interfaces provided by these exchanges. It uses neural network LSTM to predict market trends and price fluctuations, enabling automated trading and profit generation!


At the same time, Aladdin has built AladdinBTCLayer2, a privacy public chain based on the BTC Layer 2 network. AladdinBTCLayer2 highlights the following advantages:
1. The success of solutions depends on their ability to provide a complete execution environment similar to EVM, solve current limitations, and cultivate a more inclusive development environment.
2. It enables fast experiments around BTC while maintaining the stability of the core network.
3. It allows users to execute fast, secure, and confidential transactions on Bitcoin. Aladdin operates independently of Bitcoin, has its own ledger, and abandons the use of Bitcoin’s PoW consensus mechanism, opting for the Aladdin Alliance composed of about 60 members as the creators of new blocks.
As a BTC Layer 2 network, the ultimate goal of AladdinBTCLayer2 privacy public chain is to achieve three main visions:
First Vision
To bring BTC to the EVM-compatible Layer 2 and enable a series of complex BTC-based application scenarios.
Second Vision
To introduce BTC in a decentralized manner to any blockchain, allowing BTC to freely circulate in any ecosystem and network.
Third Vision
AladdinBTCLayer2 introduces Zero-Knowledge Proofs privacy protection technology, ensuring that transaction information on the Layer 2 network is not disclosed, thus protecting user privacy.
BTCLayer2
The Ultimate Goal of the Privacy Public Chain
When BTCLayer2 solutions represented by Aladdin become widely adopted, the entire Bitcoin community will see that Bitcoin can truly expand its application scenarios in a decentralized manner.
Mission of Aladdin
As a top global one-stop cryptocurrency AI finance platform, Aladdin aims to provide users with more secure and convenient blockchain asset trading and exchange services. It aggregates high-quality blockchain assets from around the world and is committed to building a world-class blockchain asset management platform and the safest BTCLayer2 privacy public chain.
Summary
From the perspective of the entire ecosystem, the implementation of the Aladdin BTC Layer2 privacy public chain and the user resources possessed by its AI finance will trigger explosive growth. From a technological standpoint, the founding team of Aladdin has rich technical and market experience and is backed by well-known capital from Wall Street. Therefore, Aladdin is expected to be the biggest dark horse this year, which is also why it has gained the favor of numerous famous capital institutions!