Review on Aeon by francis fernandez
the privacy and comfort of managing your finances from your smart device
Considering the vulnerability that some digital commerce platforms present, as they are exposed to fraud or cyber attacks; It is necessary to have a digital solution that guarantees the security of our digital assets at all times.
AEON offers a cryptographic application that allows us to manage our asset portfolio in a totally private and secure way.
What type of technology does AEON use?
AEON's internal infrastructure incorporates a security mechanism based on the implementation of ring-shaped signatures, which completely blocks the possibility of tracing the user's business operations and personal information. This in turn, makes it impossible for the blockchain to access the amount of cryptocurrencies consumed and therefore their available balance.
It also implements the CryptoNote algorithm that guarantees the privacy of the user and the operations carried out.
In this sense, the sending and receiving of digital assets is carried out completely privately and anonymously.
Another resource that adds to its security system is the global distribution of each operation through the network of servers that use a consensus mechanism that operates between peer cryptographic protocols.
What particular aspects does the AEON network present?
It is usable on mobile devices
Employs the proof-of-stake consensus protocol; which guarantees faster transactions by providing efficiency to the validation process. This is also possible due to its compatibility with ASICs that reduces the PoW protocol change and boosts its stability by disappearing forks.
Lowers the cost of node operation; since the blocking time (4 minutes) reduces the production of blocks by 50%
Pros
- Eliminate the risk of publicly exposing your business operations
- Grants control and autonomy to currency holders over their assets
- It has security mechanisms that do not allow you to track your financial movements
- Allows you to manage your finances from your phone or mobile devices
Cons
- No coins circulating
