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Type of review

Aeternity can be used for a variety of purposes. The developers’ official website mentions information markets, crowdfunding projects, and instant video game rewards as a few of the possible uses for their blockchain. The blockchain can also be used for decentralized fintech projects, trustless exchanges, and micro/nano payments. Aeternity has obviously introduced some key innovations to the blockchain industry – including state channels, decentralized oracles, consensus, and unique governance.

Pros
  • Aeternity is a new open-source, public blockchain-based platform that improves upon the fundamentals of bitcoin and Ethereum’s blockchains. Find out everything you need to know about Aeternity today. The key technology behind Aeternity is its decentralized virtual machine. That virtual machine can execute scripts using an international network of public nodes – all of which are connected to the blockchain and through state channels. The Aeternity ecosystem revolves around a token called the Aeternity token. That token can be transferred between participants. Like other blockchain tokens, the Aeternity token is used to compensate nodes for computations they perform.
Cons
  • Aeternity has a name system (DNS) built into the platform. The DNS is easy to use, and is both decentralized and secure while still supporting memorable, human-friendly names. If you don’t like the alphanumeric addresses found on other blockchains, then Aeternity’s DNS may be the right choice for you (although Ethereum’s DNS offers similar functionality).

The Aeternity project is certainly an ambitious project. The project aims to address some of the most important issues that are causing the current blockchain technology. Having smart channels of government channels and decentralized secrets means that many businesses can enter into contracts without having to worry about congestion and privacy. They also seem to be moving forward with consistent speed as regular updates and commitment can be demonstrated. It is also possible to appreciate…

Pros
  • Aeternity is a blockchain project that wants to create a transparent, globally transparent and efficient governance ecosystem for intelligent contracts and dApps. The company completed its sales and ICO successfully by 2017 with their AE token. They raised a total of $ 24 million when the ICO was completed in June last year. By the end of last year, they had released on the testnet.
Cons
  • Main Topic that Aeternity trying to resolve to the query to expand the wide contract. This special can not be associated with the nodes button that they they have been passed through the year for the valid token encoding that to be set up than the Ethereum.

Revainrating 4 out of 5

With their ICO released that collected 121,212 ETH and 324 BTC which is…

With their ICO released that collected 121,212 ETH and 324 BTC which is equivalent to $5.4 Million dollars. Aeternity already made its ground in the blockchain as it is currently addressing Etheruem’s scaling issues and aims to improve more. It is one of the projects that kept up its transparency on the development progress. Scalable as it is, introduces its programming language not only in the smart contract, but also to build real-world oracles, including the Internet of Things sensors…

Pros
  • It was founded by Yanislav Malahov in 2016. It is based in Liechtenstein, a country that is widely open for blockchain opportunities. A group composed of 47 employees to name a few Yanislav Malahov, who was considered as the “Godfather of Ethereum” who envisioned powerful algorithms on blockchains. Erik Stenman who is an Erlang developer, he was one of the driving forces behind the “High performance Erlang project” (HIPE) since it started in 1996. Thomas Arts, a senior scientist and Erlang expert, he worked together with Joe Armstrong, the inventor of Erlang at Ericsson Computer Science Lab in the 90’s, and 20 years of experience in programming Erlang. Sascha Hanse, who began programming 20 years ago and spent the last 10 years as a software engineer and lead architect. Aeternity is a blockchain technology designed to provide efficiency, transparency, and global scalability. That believes in non-stop innovation to make blockchain available for mass adoption. That is why the team came up with the idea of applying Aeternity blockchain which will focus on making the smart contract safe, efficient and economical. Aeternity supports multiple virtual machines like the high level VM that gives way for the contract to become fast and cheap with fixed rates, a functional typed warded VM used to execute contracts written in the language Sophia and the Aeterntiy-Etheruem VM that solidifies the execution of smart contracts for its migration from Ethereum, serving as a gateway to provide access with smooth transition and without intermediaries. Its consensus is achieved via a novel hybrid algorithm, Aeternity uses the Asic-resistant “Cuckoo Cyle” memory bound proof of work (PoW) and power efficient proof of stake (PoS) approach. This type of approach will pave ways to the scale of commodities of DRAMS’ production to make it arguably the most cost-effective compared to the latest units and approach being sold in the market which is considered expensive for mining. Just like reading a newspaper you are not only going to read the head news but to explore by looking at the other sections like the financial news and sports news. The same thing goes with Aeternity as they utilize the integrated oracles that are about to be used upon request and access of real world data from outside providers and be taken into the blockchain. Unique governance cements an important role in the Aeternity blockchain via delegated voting, giving its holders a say for the blockchain’s path in the future, weighted by the amount of token that each account holds. Blockchain systems suffered from unreadable addresses used to access accounts, smart contracts and others. To resolve the issue at bar, Aeternity embraces the names system that is both decentralized, secured and supports human-friendly names. The blockchain states include mapping from unique human friendly strings to hashes, digests, fingerprints and addresses. It is like web page like blockchain in the making. Aepp is the first mobile approach of Aerternity, inspired by both the consumers and developers. It serves as the central control that facilitates the creation and management of the accounts used sign into all Aepps. This move can bring closeness, awareness, and adoption between the users and the whole team as it will give the consumers the ability to participate in and contribute to the blockchain ecosystem. It also allows the use of tokens real time, and enjoy the features of what Aeternity has to offer. The core blockchain code of Aeternity was written in Erlang, which makes it easy to write distributed, fault relevant, soft real time and highly available non-stop application. Erlang was the right choice as it has already been in the business for over thirty years now with expertise in then communication, and was being used in its support modes, GPRS, 3G, and LTE mobile networks. AE is the access token in the Aeternity network and act as a unit of account for the resources spent on Aeternity such as mining rewards, fuel for smart contracts, transaction execution and transfer funds.
Cons
  • Aeternity must re-solidify the community to increase its confidence by giving them incentives and rewards to support the backbone of the network and to promote their shared works of ideas. The Mainnet is still on hold which was supposed to launch at the end of July, however, liver tracker was enabled to see what is going on with the developments. Lastly, to expand their team by attending blockchain conferences more, in order to create possible partnership with others, create awareness (branding), and be able to promote its features.

has been a long time in the top 100 of coinmartekcap but if they made more associations and more publicity their price would escalate more since the market to the down makes some coins disappear from the radar

Pros
  • It is a very rigorous project but with ambition good team work great road map and its very attractive price
Cons
  • aeternity has not announced many associations since it is not very popular I am just informing myself of it should have more sponsorship more associations so that its price goes up

Aeternity oracles provide checks and balances with a hybrid-proof predictive model. It’s deeply invested in creating and supporting a development community on its blockchain and won’t reach its full potential for another 2-5 years.

Pros
  • What makes Aeternity’s blockchain so innovative is its oracle system. Oracles are typically the weak link of any blockchain, and it has checks and balances in place to maintain decentralization and trust among the network. Accuracy and honest is leveled with a prediction market in which users bet on incoming data from oracles.
Cons
  • Aeternity may not be an Ethereum killer, but there’s certainly no issue with both coexisting. The Aeon coin has a modest price and lofty ambitions – execution is key, however, so we won’t know how this project truly performs until at least 2020. Hodling AE for any other reason is blind gambling based on fluctuations of the entire crypto market.

Aeternity have not announced many significant partnerships (I’m ignoring any partnerships with exchanges & DEX’s). However their previously stated partnership with Erlang Solutions is potentially hugely valuable. Having such an accomplished team on board should give people confidence in their quality.

Pros
  • launched their ambassador program. If you’re interested in promoting Aeternity I highly recommend you join and contribute, it’s exactly the type of initiative needed to help grow the Aeternity ecosystem. Aeternity is an ambitious project aiming to provide a highly scalable smart contract blockchain. They plan to achieve this by introducing a more scalable consensus mechanism and introducing state channels as first class objects. Other highlights include on-chain governance, first class oracles and a mobile first approach. They’re aiming to launch in Q2 2018
Cons
  • The best place to ask if you have technical questions is their discourse forum. The technical team are good at answering questions and are usually relatively quick to respond. The tech lead Sascha Hanse (ssh in the forum) is an active contributor, this is great to see! I’m hopeful there will be increasing activity on this forum since it avoids much of the “when moon” spam that occurs on telegram & reddit. Network effects, due to the large network effects of Ethereum it may be difficult to attract projects & users.

Aeternity’s state channels mean that many transactions will take place off chain therefore users will not be required to pay AE tokens to the miners for these transactions. This is an interesting dynamic since it means token holders are required to hold less of the token to make the same number of transactions (implying there would be less demand) however it also increases the utility of the network (suggesting this should add value to the tokens). The same arguments can be made for the…

Pros
  • Aeternity has no plans to move to full PoS. ETH will have to be locked to secure the network & earn fees, the mechanism will not exist in Aeternity. In a rational market I’d assume this was already priced into Ethereum but this is crypto so it’s not rational at all.
Cons
  • AE will act much like ETH does and derives value for most the same reasons. It’s basically a fuel that powers transactions on the Aeternity blockchain. There are however a few significant differences that could lead to differences in how AE is valued.

Aeternity themselves are working to build a layer of core Aepps for network launch. This is a really interesting approach and can be seen as a way to kickstart the network with some utility from the start. Alot of blockchains launch to a tiny number of transactions per day, this could help avoid that for Aeternity. It’s an opposite approach from the Ethereum Foundation who have opted to focus primarily on the protocol infrastructure (although they do give grants to higher level projects, e.g…

Pros
  • Aeternity is designed to be mobile first, meaning that it’s designed so that mobiles find it easy to interact with. Consumers are increasingly choosing to use mobile apps over web apps so this approach certainly makes sense.
Cons
  • AE currently exists as an ERC20 token on Ethereum. They plan to migrate to their mainnet in Q2 2018 (hey, that’s now!). The mainnet should be launched soon although I think it’s probable it will be Q3 2018. Aeternity currently has a testnet called Epoch. The development team makes frequent updates on medium and have been very busy writing code.

Aeternity will support 3 VMs. (1) A version of the Ethereum Virtual Machine (EVM), (2) The Functional Typed Warded Virtual Machine (FTWVM) and (3) The High Level Machine (HLM). Each VM has a currently preferred smart contract language meaning Aeternity will offer more flexibility to developers who might want to design contracts with different trade offs. The result of this is that Aeternity can easily use Solidity → the current favourite of the EVM, Sophia → a typed functional language that…

Pros
  • Uncontroversial changes to the blockchain may be easier / faster to make (and with no hard fork!). Many people will simply delegate their vote stake to someone very knowledgeable in the space, meaning if a relatively small number of actors agree on something they can quickly generate enough votes to reach the assigned threshold and enact the vote.
Cons
  • While I think it’s great Aeternity & other projects are experimenting with different on-chain governance models this is a very unexplored space. There are downsides and there are likely to be many unintended consequences some of which may not be desirable. Some risks / downsides

Cloud mining appeared approximately in 2013 when cryptocurrencies just started to become really worldwide popular. This business is based on ASICs, special hardware, which was invented to mine digital coins with maximal effectiveness. It can ensure a huge hashrate when working with a certain algorithm.

Pros
  • t reads further: State channels are integrated to increase privacy and scalability. Tokens in channels can be transferred using purely functional smart contracts that can access Oracle answers. By not storing contract code or state on-chain, we are able to make smart contracts easier to analyze and faster to process, with no substantial loss in de facto functionality.
Cons
  • The CEO and Founder of Aeternity, Yanislav Malahov, who had been working on Ethereum with Vitalik Buterin and had envisioned using powerful algorithms for Ethereum. Now, he is using these algorithms for Aeternity.

Revainrating 4 out of 5

Aeternity have stated they are planning to use a variant of Bitcoin-NG…

Aeternity have stated they are planning to use a variant of Bitcoin-NG (already implemented in the Waves cryptocurrency) as their consensus algorithm. Bitcoin-NG will bring significant improvements in transactions per second on the Aeternity base protocol, the team have estimated 100tps onchain (this does not include any transactions in state channels).

Pros
  • Aeternity is a smart contract platform much like Ethereum but with 4 key differentiators. In general, Aeternity has taken a lot of 2nd layer solutions for smart contract blockchains (State Channels, Governance, Oracles, Naming) and attempted to place them as first class objects meaning they are fundamental to the blockchain and not a 2nd layer abstraction. This general design principle has a few advantages.
Cons
  • Aeternity is using a hybrid Proof of Work (PoW) and Proof of Stake (PoS) approach. Only miners will receive inflation rewards while PoS is being used exclusively for governance (I’d argue it’s not PoS at all in this case and Aeternity should not state it is).

Revainrating 4 out of 5

Privacy is an additional benefit of state channels, since only the state…

Privacy is an additional benefit of state channels, since only the state channel participants need to know what happened in the contract and in Aeternity contract states are not stored on-chain but can be easily verified. N.B. Most other blockchains including Bitcoin & Ethereum will have live state channel like solutions soon. See Lightning Network for Bitcoin and SpankChain / FunFair / Raiden for Ethereum based solutions. The primary difference between these solutions & Aeternity’s state…

Pros
  • State channels are basically a way to send transactions/messages off-chain securely, meaning the user is not at risk of losing their funds. On-chain transactions are only made when opening and closing a state channel meaning all transactions made within a state channel are very cheap and very fast since they do not have to be confirmed by the base blockchain.
Cons
  • Aeternity has built State Channels into it’s platform by default. This is an advantage since Aepp (Aeterenity’s version of Dapps) builders can easily leverage the design to build scalable Aepps as soon as the protocol launches. Having built in state channels also means Aeternity is scaleable since regular transactions can be done through state channels (if you expect to make > 2 transactions with a particular party) rather than taking up resources on the main chain

Revainrating 5 out of 5

Aeternity has obviously introduced some key innovations to the blockchain…

Aeternity has obviously introduced some key innovations to the blockchain industry – including state channels, decentralized oracles, consensus, and unique governance. All of these features improve upon features seen in the bitcoin or Ethereum blockchains. They vastly improve the usability of a feature like a smart contract oracle.

Pros
  • Aeternity has a memory-efficient mining algorithm that solves the ASIC problem that affects proof of work-based blockchains. The mining algorithm also purportedly provides great decentralization potential because anyone can efficiently mine – even on low-powered computers like smartphones
Cons
  • Development on the project started in early 2017 with the launch of a testnet. The first backing campaign took place in Q2 2017. By Q4 2017, they plan to perform a complete security audit. And by Q1 2018, they hope to launch Aeternity onto the mainnet

Marion Vogel holds the role of Aeternity director and is highly experienced on socioeconomics research and hence handles operations within the blockchain company. Emin Mahrt is the chief operational officer of the company. Emin became a serial entrepreneur after completing his studies on C-level IT and engineering management. The rest of the development team comprises of experts in computer science, data science and cryptographers.

Pros
  • Since the end of a horrific Q1 for all cryptocurrencies across the board, April presented the hope of a bull run in the near future. During the month, over 90% of the coins and tokens in the top 100 largest cryptocurrencies have seen daily gains after Bitcoin’s ‘Hour of Miracles’ in the first week of April
Cons
  • Aeternity was built to solve the problems facing current blockchain systems such as transaction speeds, scalability and most importantly governance of the blockchain. As more and more tokens surface with their sales-speeches of solving problems on blockchains, only a handful actually solve the real world application problems. Aeternity is one of the projects that falls in the latter category.

aeternity doing big partnerships with big companies and enterprises, aeternity also focusing toward education system, retails aeternity has best plans for future

Pros
  • aeternity transaction is a secure cryptocurrency and aeternity transaction cost is very low and transaction speed is good, Yanislav Malahov is the main founder of aeternity he also called as Godfatherofethereum, aeternity main aim is to make aeapps and create a blockchains adoption world wide
Cons
  • aeternity still doesn't do any marketing or advertising, aeternity don't have a best working product, telegram communtiy is also not helpful

Additionally, it is refreshing that the essential applications are already developed and much of the other development is complete, as this puts it closer to having a finished product than many other blockchain platforms. As it grows, people should discover even more uses for aeternit

Pros
  • Aeternity began development, launched the testnet, completed the backing campaign, and built essential apps. In Q1 of 2018, the team will complete the security audit, and Q2 will see the launch of the mainnet
Cons
  • Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.

This makes sense and is logical approach to wait for the swap to lessen the burden of swap through exchanges. It is never as easy process to swap any existed token with something totally new. Time is on the wings and running very fast. When that moment will come when main net will be launched. It will seem that people didn't had enough time to scoop up with more cheap tokens.arketing is really important. Because the community of developers determines the success of the platform. We need to…

Pros
  • s of right this writing, AE is listed as #30. In addition to BTC, BCH, ETH and LTC already listed on Coinbase, technically, AE should be a no brainer (for a multitude of reasons, including its current ranking). While AE has a phenomenal team, is making great transaction, I However, doubt AE will be listed on Coinbase.
Cons
  • I know AE team is more concerned with substance/ launching great product, but it would be nice to see a movement of their marketing department in getting listed in the US market/ exchange.

Revainrating 5 out of 5

They made a mistake with SHA-256 ASICs, but it is still one of the purest…

They made a mistake with SHA-256 ASICs, but it is still one of the purest mining services in 2018. They have an official FB blog and they do not hide their location and real names. All of this makes Hashflare one of the best options to try Ethereum cloud mining. However, if you are going to invest in cloud mining in 2018, you will likely lose your money even with a good company. This is just not the best way to deal with cryptocurrency now.

Pros
  • In 2018, many users note that withdrawal is taking a long time. Obviously, the company has problems with scalability. The only available payment method is Bitcoin. You cannot even pay with Ethereum or Dash. In addition, you have to be kind of technically savvy if you are going to use Nicehash. It is totally not for newbies, because you have to be familiar with the main principles of mining to understand how the site works.
Cons
  • We could not avoid Nicehash in this list. It is probably the most popular Ethereum cloud mining service in 2018. The location of the company is unknown, but the site is good localized and operates in three languages. It has been working since 2014 and still has not turned out to be a scam.

Revainrating 5 out of 5

Aeternity has a strong backing, but it’s still in very early stages of…

Aeternity has a strong backing, but it’s still in very early stages of development. A strong team is in place that shows every indication it can overcome the obstacles to sustain relevance over the next decade, but its success hinges on these key factors: Aeternity is still in development as of May 5, 2018, and even after launch, it’ll be at least a year before really stellar dapps are in place on the blockchain. Aeternity resolves many key issues with vanilla Ethereum. However, its early…

Pros
  • Uses a hybrid Proof-of-Work and Proof-of-Stake consensus mechanism. Consensus mechanism features a decentralized oracle. Transaction speed: About 32 transactions per second. Block size: 1 megabyte. Can be changed by user consensus. Core blockchain code: Written in industry-grade programming language Erlang Smart-contracts: Written in Chalang (almost identical to Ethereum smart-contracts language) Smart-contract state: Off-chain Transactions: Executed primarily off-chain. Settlement on-chain after channel is closed
Cons
  • This means all trading thus far of the Aeon coin is based purely on the white paper, tech specs, and company goals rather than concrete achievements. It’s a pure ICO, and the team basically crowdfunded its development. The underlying technology that backs up the digital currency does have several key differences from Ethereum and NEO (though they’re quickly being addressed) and it’s so far a more finished product than your average ICO.