Review on Aeternity by Lydia Watkins

Name: Aeternity
Item: Aeternity
Rating: 4

September 18, 2018

State Channels State channels make it possible to execute smart contracts off…

State Channels
State channels make it possible to execute smart contracts off-chain. The blockchain enforces the smart contract code, only in the case of a disagreement between the contracting parties.
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Pros

Yanislav Malahov is the founder of Aeternity who is a serial entrepreneur and experienced blockchain developer. Malahov has been termed the ‘godfather of Ethereum’ as he worked with Vitalik Buterin prior to Ethereum’s inception. Marion Vogel is the director and head of marketing for the Aeternity project. Vogel has previously worked in marketing and business development in Silicon Valley.

Cons

Papers.ch, a Swiss technical provider and consultancy firm have partnered with Aeternity to implement micro-payment solutions and implement AirGap smartphone wallet vault. Erlang Solutions, a world-leading Erland consultancy has partnered with Aeternity to scale its network to proportions of mass adoption.