Review on Aeternity by Keira Potts

Name: Aeternity
Item: Aeternity
Rating: 4

September 19, 2018

There is couple key differences between AE and Ethereum. As mentioned before…

There is couple key differences between AE and Ethereum. As mentioned before - we include whole bunch of "features" in core protocol. Oracles, naming system, channels, contracts. Why it's better? It is surly better for users and app's developers, because it will be easier to reason about availability. Also, the API is unified. When all that is in place then our contracts are more powerful. Easy to use in channels and use all the features, because they are first class entities in our blockchain. And what happens when the industry advances and we need to extend the protocol? We want to handle that with well defined governance protocol. Probably there is couple more things... 
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Pros

Good point. IMHO, the crypto market is like a wave that rises and falls. One day AE appears to be the leader. Next day, EOS looks promising. I have several large investments and i can tell you that I've changed my mind a dozen times on which ones to hold and which ones to sell. Then we have to remind our selves that even after the main net launch, we're still in it's infancy. Things are going to change once, as Mike tyson said, everyone has a plan until they get punched in the face. All the cyrptos will get punched in the face soon. It's how they respond that will be telling

Cons

No API is really free, the people running it have to pay bills somehow. Also not everything has a public free API that people can trust. The fact is in order to build robust smart contracts there has to be a way to get data into the blockchain. That's all Oracles are really doing. If the data is easy to get then there will be a lot of competition to put it on the blockchain and you'll be able to get it from multiple Oracles for a reasonable price. For example stock prices will likely be something that'll be almost free, if not free. However if you wanted the temperature from a specific geo location that might be more costly because it'll ultimately require someone to have a hardware temperature sensor there.