Alberich serves as guardian of the Nibelungenhort, the cursed treasure hoard of the Nibelungen, defending it with his strength of twelve men and his cloak of invisibility until Siegfried overpowers him and claims both hoard and Tarnkappe.
Alberich and Andvari are the same treasure-guarding dwarf figure diverged across the Middle High German and Old Norse branches of the common Proto-Germanic Nibelung legend.
In the Nibelungenlied, Siegfried defeated the dwarf Alberich who guarded the Nibelung treasure hoard. From Alberich he won the Tarnkappe, the cloak of invisibility, and mastery over the Nibelung treasure.
Alberich wields the Tarnkappe, a magical cloak granting its wearer the strength of twelve men and the power of invisibility, which he uses in his desperate fight against Siegfried before the hero wrests it from him along with the Nibelungen hoard.
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