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Review on Aeternity by Alicia Iqbal

Revainrating 4 out of 5

Aeternity cryptocurrency guide advises where to buy and how to buy Aeternity…

Aeternity cryptocurrency guide advises where to buy and how to buy Aeternity. This guide also contains the markets, value, trading, investing, buying, selling, transactions, blockchain, mining, technology, advantages, risks, history, legislation, regulation, security, payment, networks and many other interesting facts about Aeternity as well its status in the world of cryptocurrencies.



Pros
  • The Aeternity network employs decentralized oracles that help to raise the efficiency because there is no layering of consensus mechanism. Instead, the network employs state channels to provide lines of communication between parties involved in smart contracts. Because the smart contracts are implemented off-chain, the main blockchain can handle more transactions. It only comes in to help address conflicts that might arise in the smart contracts.
Cons
  • The Aeternity smart contracts are written in Chalang language that is compliant to the bytecode. In the coming days, Aeternity intends to create JS (JavaScript) libraries to make smart contracts development easy and more effective. Note that the Aeternity network is still operating as a testnet until mid-2018 when the mainnet will be released.

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