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Review on Aeternity by Bradley Callum
All in all, Aeternity has a lot of potential. The competition for scalable…
All in all, Aeternity has a lot of potential. The competition for scalable alternative smart contract and dapp platforms will be fierce in the coming years, and if Aeternity stays on track and delivers on their vision (Mainnet is due to launch in August), then AE could be a real contende
Pros
- State Channels. There are 3 basic approaches to solving the scalability problem: sharding, using a different consensus mechanism (like Delegated Byzantine Fault Tolerance with NEO), or simply moving certain activities off-chain. The “state channel” approach used by Aeternity is an example of the third option. A state channel is a direct line of communication between the two (or more) parties involved in a smart contract, which is moved off the main blockchain.
Cons
- The increase in users brought on by the massive bull market of 2017, as well as apps like Crypto Kitties slowed the network to a crawl. Many began to wonder: if Ethereum could be brought to its knees by a silly app, how could it ever live up to all the high hopes of blockchain enthusiasts?
